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Tom Kalaris CEO of Barclays Wealth & Investment Management to leave bank 18/04/2013
Tom Kalaris, chief executive of Barclays’ Wealth & Investment Management (WIM) division and executive chairman of Barclays in the Americas, is to retire from the bank on 30 June 2013. Mr Kalaris will step down from the bank's executive committee on 30 April 2013.

Valartis returns to profitability as private banking grows 18/04/2013
Swiss wealth management group Valartis reported a net profit of SwFr 10.2 million for 2012, after posting a loss of SwFr 19.5 million the previous year, as it continued to drive ahead with its private banking growth strategy.

Jupiter has positive Q1 despite RDR hiatus 18/04/2013
Jupiter fund management's private client division grew its AUM in the first quarter of 2013 despite management predicting an RDR hiatus.

Swiss private bank acquires majority shareholding in Italian private bank 18/04/2013
Swiss banking group Syz & CO has increased to 64.3 percent its stake in the holding company of the Italian bank Banca Albertini Syz & C., of which it previously held 50 percent of the shares.

Former RBS wealth management chief resurfaces 17/04/2013
John Baines, former chief executive of RBS's wealth management division, has been named as interim chief financial officer for the Co-operative Bank.

GAM’s AUM increases despite first quarter outflows 17/04/2013
GAM Holding AG has reported group assets under management of SwFr 119 billion. According to an interim management statement from the firm this is an 8 percent increase year on year and a 2 percent increase during the first quarter.

Citi Private bank reports Q1 growth 17/04/2013
Citi Private bank revenues increased revenue by 5 percent in the first quarter of 2013.

First Names Group appoints managing director for fund business 16/04/2013
Clive Snowdon has been appointed group managing director of the Moore Group. The appointment is the first senior position to be announced since the fund business was acquired by First Names Group in January.

Reach out to generation X and Y, Pershing tells wealth managers 16/04/2013
Advisers must recognise the importance of attracting ‘generations X and Y’ say Pershing.

Trust company makes senior appointments for BVI office 15/04/2013
Nerine Group of Fiduciaries has added it its senior management team in the British Virgin Islands with the appointment of a new managing director and the promotion of the finance director to deputy managing director.

 
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