BNY Mellon plans to increase its wealth management sales force by 50 percent 14:02 GMT BNY Mellon, investment management and investment services provider, is rolling out a major two-year recruiting campaign to increase BNY Mellon Wealth Managementís sales force by 50 percent. In addition, the firm intends to add private bankers and mortgage bankers, portfolio managers and wealth strategists as well as additional sales support staff.
New head appointed at Citi Private Bank 21/05/2013 Mark Mason is to take over from Jane Fraser as chief executive of Citigroup Private Bank, amid a reshuffle of a number of senior executive positions at the bank.
London-based private office recruits former UK Chancellor of the Exchequer and two new partners 20/05/2013 Stanhope Capital, the London-based private investment office Launched by Daniel Pinto and Adam Julien Seveux in 2003 which currently has around £5 billion of client assets under management, has reinforced its investment committee by recruiting Lord Lamont, a former Chancellor of the Exchequer. In addition the firm has also recruited Jamie Korner and Simon Paul as partners to boost its charities and private clients teams respectively.
Brewin Dolphin appoints new co-heads for London office 20/05/2013 Brewin Dolphin has appointed Rob Burgeman and Peter Long as the new heads of its London office. Mr Burgeman and Mr Long take over from Stephen Ford and Rupert Tyler, who have taken on the roles of head of investment management, and national director investment management respectively.
J.P. Morgan Private Bank recruits senior London-based private banker 20/05/2013 J.P. Morgan Private Bank has recruited Andrew Kennedy as an executive director and private banker for its London-based UK team. He reports to Olivier de Givenchy, J.P. Morgan Private Bankís UK head and will advise and develop relationships with ultra very rich clients with a particular focus on financial sponsors.