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Rory Tapner leaves Coutts on a high note 26/02/2015
If an epitaph was needed for Rory Taper, whose departure as chief executive of Coutts was confirmed this morning by RBS, then perhaps this would be most apt: the private bank has just reported a handsome rise in pre-tax profits for 2014 of £250 million, up from £170 million in 2013.

Who is the new power behind the throne at Coutts? 26/02/2015
The future of Coutts, at least for the near-term will be very much in the hands of a top RBS executive, Donald Workman, the 2014 earnings announcements from the bank make clear this morning.

Carmignac appoints new managers to emerging equity fund 26/02/2015
Carmignac’s emerging equity fund managers Simon Pickard and Edward Cole are to leave the company. The company says this is for personal reasons.

Arbuthnot Latham appoints to new commercial banking business 26/02/2015
Arbuthnot Latham, the private banking and wealth management arm of the Arbuthnot Banking Group, has appointed Rob Stapledon and Michele Coomber to its new commercial banking business specialising in and focussing on the media sector.

Rory Tapner reported stepping down as Coutts CEO 25/02/2015
Rory Tapner, the chief executive of Coutts, is to step down from role amid the restructuring of the private bank by parent RBS, thewealthnet understands.

Legal and regulatory costs lead to 45 percent profit drop at EFG International 25/02/2015
EFG International celebrates its 20th anniversary this year with an annual increase in operating income. However “exceptional legal and regulatory expenses” cause IFRS net profits to plummet by 45 percent.

Isle of Man-based platform appoints new chief executive 24/02/2015
Isle of Man-based Ardan International, an independent international wealth platform formerly known as Acordias, has appointed Richard Preston as its new chief executive officer.

Jonathan Fry to launch multi-family office 24/02/2015
More than 30 years since the launch of his eponymous financial planning and investment management firm, Jonathan Fry has departed jonathanfry plc to focus on a new multi-family office.

Jersey fund industry records seven year high 24/02/2015
The value of Jersey’s fund sector has increased by almost one-fifth in the past year, reaching its highest level since December 2008.

Scottish IFA firm makes senior hire to boost private client services 23/02/2015
Aberdeen, Scotland-based Central Investment has appointed John Waddell as a Chartered Financial Planner.

 
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