New Abu Dhabi wealth centre selects Hector Sants as adviser 17/12/2014 Sir Hector Sants, who was chief executive of the Financial Services Authority (FSA) from July 2007 to June 2012, is to advise Abu Dhabi on its plans to become a leading offshore financial centre (see thewealthnet 15/12/2014).
The Barclays diaspora (2014 vintage): Haven't they done well 16/12/2014 The senior management cadre of Barclays Wealth and Investment Management (BWIM) experienced severe attrition during 2014. At one stage during the summer it seemed as if it was about to experience obliteration with departures announced on a near daily basis.
J. Safra Sarasin hires managing director from BNP Paribas 16/12/2014 Isabelle Tian has been appointed as managing director and team head, Client Advisory, of international private bank, J. Safra Sarasin. From her base in Hong Kong, Ms Tian will report to Enid Yip, chief executive officer.
Liontrust reveals directorate reshuffle as director resigns 16/12/2014 The director of Liontrust Asset Management Plc, Jonathan Hughes-Morgan, has resigned from the company with immediate effect. He will remain with the company as co-head of International Sales, alongside James Beddall, and will concentrate on building the firmís international distribution. He also remains a member of Liontrust Fund Partners LLP.
Wealth managers are the poor of City finance 16/12/2014 Poor bonuses are the main factor why wealth management professionals at director level do badly when it comes to total compensation in the UK financial services market, new research shows.