Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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 Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Play CIO Tapes: do investors have it as good as it gets?

CIO Tapes: do investors have it as good as it gets?

Citywire gathered three of the UK's leading fund investment heads to discuss what they fear and what makes them cheer about the year ahead

Read More
Your Business: Cover Star Club

Profile: Rathbone's Newcastle boss on the road to £1bn

Profile: Rathbone's Newcastle boss on the road to £1bn

Starting from zero assets on day one, Rathbone's Newcastle team now looks after just over £400 million in clients money

Wealth Manager on Twitter