J.P. Morgan Private Bank new hires expand firms reach to clients in Belgium, the Netherlands, Luxembourg, and Nordic countries

J.P. Morgan Private Bank today announced a new fleet of recently hired advisors that will help expand the firm’s reach to ultra-high net worth clients in markets of growing importance to the firm. David Agie de Selsaeten joins the firm as Managing Director and senior Banker and will lead on new client acquisitions, while providing…

Julius Baer Hires Ex-Barclays W&IM Managing Director

EXCLUSIVE: Julius Baer Hires Ex-Barclays W&IM Managing Director Julian Cooper, a former managing director at Barclays Wealth & Investment Management, has joined Julius Baer International as senior client relationship manager. Cooper, based in London, left Barclays Wealth & Investment Management earlier this year after 23 years there. During his time at Barclays, he led the entrepreneurs team and served…

Lombard International Outlines Global Growth Plans

Lombard International Outlines Global Growth Plans A number of reports have highlighted that the growth of the global high net worth market has fueled demand for life insurance products, particularly among individuals and families with complex estate and tax planning needs. One player in the space that has cropped up frequently in recent months is Lombard…

Falcon Private Bank COO Joins Avaloq

Falcon Private Bank COO Joins Avaloq Avaloq, the provider of wealth management technology, has appointed new leadership for its Swiss business process outsourcing centre. Tobias Unger, the chief operating officer and deputy chief executive of Falcon Private Bank, will join Avaloq in October as CEO of Avaloq Sourcing in Switzerland and Liechtenstein. Unger joins after six years…

UBS said to make cuts to private banking in Singapore

UBS has cut a handful of private bankers from operations in Singapore and Hong Kong in recent weeks including a senior catering for the super rich in Southeast Asia, two people familiar with the matter said. Reuters reports that the bankers who have departed include Joseph Poon, head of UBS Wealth Management’s ultra-high net worth for Southeast Asia, one…

Lux group ups UHNW expansion with Swiss bank purchase

Luxembourg-based Banque Havilland has acquired Swiss bank, Banque Pasche in a push to expand its reach to ultra-high net worth individuals. Following the completion of the acquisition of Banque Pasche’s share capital, the bank will be renamed Banque Havilland (Suisse) S.A. This purchase comes just three months after the Luxembourgese bank acquired Banco Populare Luxembourg S.A. Approved…

Lux group ups UHNW expansion with Swiss bank purchase

Luxembourg-based Banque Havilland has acquired Swiss bank, Banque Pasche in a push to expand its reach to ultra-high net worth individuals. Following the completion of the acquisition of Banque Pasche’s share capital, the bank will be renamed Banque Havilland (Suisse) S.A. This purchase comes just three months after the Luxembourgese bank acquired Banco Populare Luxembourg S.A. Approved…