Wealth management

JPMorgan picks LatAm exec to lead UK private banking after Gregson exit

Maricé Brown to take over following Oliver Gregson’s departure to fund giant Schroders

2 min read

Rich Americans look to London as UK battles non-dom exodus

Roughly 14,000 millionaires left the UK in 2024, but there’s been a ‘significant increase’ in enquiries from wealthy US families willing to take a chance on the City

4 min read

UBS UK high net worth boss Chris Oliver resigns

Global family office boss Michel Frey to take on new City role

1 min read

UK wealth firm Saltus distances itself from faked Telegraph banker sob story

The wealth manager was namechecked in a now-deleted story about an investment banker who couldn’t afford five holidays after Labour’s private school tax raid

4 min read

Quilter Cheviot CEO Andy McGlone steps down

Ex-HSBC private banking executive John Goddard to take the reins of wealth manager

1 min read

Goldman wealth boss: Clients should have ‘significant exposure’ to private assets

The Wall Street bank wants to scale in the UK, Robert Mullane tells FN, despite an exodus of wealthy non-doms

6 min read

Dubai’s growth spurt is feeling the pressure

Firms are rushing to the Middle East, but bankers, wealth managers and other finance execs who have moved there say some of the advantages have been overhyped

6 min read

How SJP’s new boss called in the consultants and revamped the firm

A new CEO has made bold moves, but challenges remain for the wealth giant

4 min read

Julius Baer shutters Qatar office, prepares Abu Dhabi launch

The Swiss wealth manager is doubling down on UAE expansion 20 years after opening in Dubai

2 min read

Julius Baer CEO says no new job cuts planned, despite savings drive

But Ex-Goldman Sachs banker Stefan Bollinger did not rule out future job losses as he shaves an extra CHF130m in costs

Why private equity’s wealth management push is stalling

Regulatory headwinds, ballooning debt burdens and sky-high valuations are giving buyers pause for thought

Lombard Odier’s UK growth kick

Catch up on the top news in wealth management this week

Hargreaves Lansdown chief Dan Olley exits after £5.4bn private equity takeover

Chair of transformation committee Richard Flint named as interim successor

Lombard Odier ramps up hiring for UK wealth business

Swiss private bank plots strategic hires following move to new London headquarters

2 min read

Why wealth managers are flocking to Dubai

Top executives are following the wave of high net worth investor cash set to turn the United Arab Emirates into a $1.5tn market by 2028

7 min read

Wealth manager Shackleton eyed takeover that could have tripled assets

Wealth manager could buy a number of firms larger than itself as it looks for a new owner, documents reveal

3 min read