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The week in wealth management - most read on thewealthnet
11/08/2017 , News Team

Monday

Former associate director at Arbuthnot Latham Henry Reade joined Banque Havilland as a director in its Dubai office which was launched late 2016. 

Frenkel Topping appointed Stephen Bentley to its board as chief financial officer once his approval by the FCA has been granted, likely to be in early September this year.

Tuesday

Digital challenger bank Tandem signed an agreement to acquire Harrods Bank from which it will receive £80 million of capital.

Sanlam UK hired former Close Brothers Asset Management head of private client, Penny Lovell, to launch its new private office proposition.

Wednesday

Former Barclays compliance head Natasha Meadey joined UBS to help develop its compliance and operational risk strategies.

Financial services recruitment firm Heat Recruitment noted a growing shortage of paraplanners as a £70,000 a year financial planning job remains unfilled.

Thursday

Sanlam UK announced it's latest acquisition of Tavistock Financial for £1 million payable on completion.

Intesa Sanpaolo is poised to buy the Swiss private bank, Banque Morval, in a deal which could be worth up to EUR 250 million.

Friday

Freddie Pooter cautioned that to stay in cash means risking being thrown out of your private bank.

Editor at large Ian Orton published an alternative ranking of Switzerland's biggest private banking institutions

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