Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Barclays hires ex-RBS man for Manchester office

Barclays hires ex-RBS man for Manchester office

Barclays has made the latest in a string of regional hires with a new private banker added to its Manchester office.

Michael Egan joins the wealth and investment management office with a remit for advising clients across the north west.

Over the past year Barclays has increased its presence across the UK, hiring teams for Reading, Manchester, Cambride, Norwich and Essex.

The hires are part of a plan internally codenamed Project Gamma, where Barclays hopes to double the number of private bankers in the UK and become one of the top five private banks in the world.

Barclays will reportedly cut 2,000 jobs from its investment arm as part of an on-going restructure, but the UK and US are likely to be shielded from the cuts.

Egan joins from IM Asset Management and was previously private banking manager at Royal Bank of Scotland.

‘We are very pleased to welcome Michael to our team. His extensive knowledge and experience in advising high net worth clients will undoubtedly be an asset for our office and he joins at an exciting time for the business, as we continue to grow in the north west,’ said Alan Edwards, regional director of wealth and investment management in Barclays Manchester.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter