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 Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: change is the only constant for Quilter Cheviot

Profile: change is the only constant for Quilter Cheviot

This is not the first time we have profiled David Miller, but at the time of his previous appearance his company looked very different.

Wealth Manager on Twitter