Moves
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Morgan Stanley in aggressive broker poaching spree
Morgan Stanley on Thursday said it is beefing up its global wealth management operations through aggressive hiring of brokers from Merrill Lynch and other rivals, according to a Reuters report.
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New Star's Whittaker replaced on flagship fund
Stephen Whittaker, chief investment officer at New Star Asset Management, has handed over his £253m (€321m) equity income fund after significant underperformance, marking the latest change in senior management at the beleaguered funds house.
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Morgan Stanley poaches $8m Citigroup wealth brokers
Morgan Stanley has poached two high-profile brokers from Citigroup to bolster its Latin American wealth management operations, according to a report in Financial Planning.
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Lazard Asset Management names strategic alliances manager
Lazard Asset Management has recruited Rory Williams from Friends Provident to become its strategic alliances manager, according to a report in Investment Week.
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Baker Tilly appoints tax manager for private client unit
Baker Tilly has appointed Michael Flaherty as a senior tax manager for its southern regional private client advisory team in the UK, according to a report in Financial Adviser magazine.
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ING US Wealth Management hires senior executive from rival
ING US Wealth Management has appointed Tariq Khan as senior vice-president to lead market development and multicultural initiatives for its wholesale distribution unit, according to a MarketWatch report.
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Rensburg Sheppards appoints investment director
Rensburg Sheppards Investment Management has named Chris Ring its senior investment director for its London private client team, according to a report in FinancialAdviser magazine.
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Boutique private bank hires former Italian head of UBS
Lugano-based Arner Bank has appointed Mauro Costa, the former head of UBS in Italy, to head its office in Milan.
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Merrills appoints four wealth specialists in Europe
Merrill Lynch's wealth management arm has strengthened its Iberia office with the appointment of a new team of four.
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Tilney exodus to Brown Shipley continues
Brown Shipley, the UK-based private bank, has hired its sixth banker from rival Deutsche Tilney - the the latest in a string of hires for its regional offices.
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From Stoke Park with love
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Diana street named most expensive in UK
Kensington Palace Gardens in Central London, a street where Princess Diana once lived, has been named the most expensive street in the UK, according to a Royal Watch News report.