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.

HSBC Private Bank snaps up four from rivals

HSBC Private Bank snaps up four from rivals

HSBC has made a quadruple swoop on other private banks, including two senior hires from Credit Suisse.

Raffaello Nemni was formerly head of the London-based UK resident non-domiciled team at Credit Suisse Private Bank, where he worked since November 2008. Before that he was general manager of Bank J. Safra’s branch in the UK.

Moving to HSBC Private Bank with Nemni is Giorgio Ambrosetti, who joined Credit Suisse in 2007 and also specialised in advising non-domiciled clients.

In a separate move, HSBC has snapped up two managers who recently left Barclays’ wealth arm.

Edward Cullen joins as a relationship manager focused on onshore ultra-high net worth clients. He departed Barclays in London earlier this year, where he had been a vice president and had worked since April 2008.

He was previously an associate director at UBS Wealth Management.

The other former Barclays hire is Chris Arbuthnott. He joined Barclays Wealth’s Aberdeen office as vice president of private banking in 2011.

Prior to this, he spent two years at Kleinwort Benson’s Edinburgh branch and three years at Arbuthnot Latham, where he was in charge of running private client portfolios and charity money.

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 Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Your Business: Cover Star Club

Profile: Barclays' former advisory boss on his move into property

Profile: Barclays' former advisory boss on his move into property

On paper, Rick Denton might have been expected to finish his career in banking

Wealth Manager on Twitter