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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.
Richard Branson gives unlimited holidays to his family office staff 25/09/2014 Sir Richard Branson is allowing staff managing his personal fortune at his family office in Britain and the US to take as much vacation as they like.
Hargreaves Lansdown chief executive clears £10 million during 2014 financial year 24/09/2014 Ian Gorham, the chief executive of Bristol-based Hargreaves Lansdown, the UK’s biggest direct investment specialist, received a total remuneration of £10,608,000 for the period from 1 July 2013 to 30 June 2014, according to the firm’s latest annual report and accounts.
$500K package on offer for CIO of new family office 17/09/2014 A Forbes-listed billionaire, currently creating a single family office to be based in Dubai, wants a chief investment officer and head of investment committee for the venture.
Barclays to slash 14,000 jobs amid investment bank shrinkage 08/05/2014 Barclays announced that it is to cut up to 14,000 jobs this year as part of a new strategy. The number is higher than the 10,000 to 12,000 jobs that the bank said earlier this year that it wanted to eliminate.
Banque Havilland hits hiring trail 30/04/2014 Banque Havilland, owned by Britain’s Rowland family, is seeking to hire a “dynamic and professional” private banker to work within its Mayfair office.
C Hoare & Co executive backs wealth masters scholarship 11/04/2014 Charles Hoare Nairne of C. Hoare & Co has supported a drive for higher qualifications in the wealth management industry with a new scholarship in his name.
Coutts is on the prowl for a head of fiduciary investments 07/04/2014 Coutts is searching for a high-level head of fiduciaries for its trust company in Jersey.
UBS appoints a Brit as its 'Mr Remuneration' 26/03/2014 UBS has hired a JP Morgan executive, Matthew Small, as “Global Head of Reward” in order to help organise a global approach in the bank to salaries and bonuses.
WH Ireland signals hiring plans as former Cazenove man joins its board 25/03/2014 WH Ireland has appointed Tim Steel as a non-executive director. Mr Steel is a former vice-chairman of Cazenove Capital Management and is now chairman of Committed Capital (a private equity boutique) and chairman of Castle Alternative AG (a Swiss listed fund of hedge funds, managed by LGT Capital Partners).
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