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Metropol Partners re-brands 08:01 GMT
Zurich-based Metropol Partners, which was formed in October 2012 by a group of former senior bankers at Clariden Leu (see thewealthnet 27/11/2012), has rebranded as Sound Capital.

JTC Group expands offering with full service Cayman office 28/08/2014
JTC Group has been granted a licence to provide a full suite of private client, corporate, fund and real estate services in the Cayman Islands.

Quilter Cheviot owner declines comment on divestment report 22/08/2014
Private equity group Bridgepoint declined to respond to a report that it is looking to float or sell the Quilter Cheviot private client business by the end of the year.

Big fines lie ahead predicts Bovill wealth and private banking principal 21/08/2014
Big fines and reprimands for compliance issues still lie ahead for wealth management. Mark Spiers, principal, head of Wealth Management and Banking at consulting firm Bovill, told thewealthnet he feared it would be three years before the sector closed the gap between UK regulator's expectations and reality.

Investec Wealth & Investment implements 430m reduction in equities for discretionary private clients 12/08/2014
Investec Wealth & Investment (IW&I), a private client investment manager, is advising its clients to reduce their holdings of UK and European equities.

Ashcourt Rowan sells further SIPP and SSAS business to Mattioli Woods 11/08/2014
UK wealth manager Ashcourt Rowan has agreed to sell the SIPP and SSAS business acquired with UK Wealth Management to City Trustees, a subsidiary of pensions consultancy and wealth management firm Mattioli Woods for a total consideration of up to 0.355 million.

Coutts International arm could be sold off--sources 11/08/2014
Coutts International could be sold off under options being considered by RBS, parent of the British private bank, according to sources familiar with the strategy.

Adam & Co to leverage investment management capabilities to fuel future growth 08/08/2014
Adam & Co., the Edinburgh-based private banking and wealth management arm of Royal Bank of Scotland, aims to leverage the capabilities of Adam & Co Investment Management (AIM), its investment management arm to help fuel future growth.

Brooks Macdonald strikes strategic alliance with UK regional firm 07/08/2014
Brooks Macdonald Asset Management (BMAM), has entered into a strategic alliance with Petrus Financial Services Limited (Petrus), a Berkshire based independent financial adviser firm.

RBC Global Asset Management boosts EMEA team with string of hires 07/08/2014
RBC Global Asset Management (RBC GAM), the asset management arm of BC Wealth Management, has hired Anne-Sophie Girault as managing director Europe, Middle East and Africa (EMEA) business development.

 
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