RBC
RBC Wealth axes 3% of jobs in Channel Islands and UK
RBC Wealth Management is making redundant around 3% of its 1,200-strong staff from offices based in Jersey, Guernsey, London and Edinburgh.
Best Practice | 16 May 17
40% of entrepreneurs prefer lifetime gifting in estate planning
Two fifths of business owners and entrepreneurs are pursuing a “giving while living” approach when it comes to estate planning, according to a new report by RBC Wealth Management, creating the “biggest opportunity” for financial advisers.
SMP Partners buys Royal Bank of Canada offices in Caribbean
Isle of Man headquartered SMP Partners Group has acquired offices in the Cayman Islands and Barbados following completion of its purchase of Royal Bank of Canada’s trust, fund administration and custodian business in the Caribbean.
PEOPLE MOVES: RBC WM, Moola, Ascot Lloyd
Canada’s RBC has appointed a head of wealth management for its businesses in the UK, the Channel Islands and Asia. Gemma Godfrey’s Moola has poached its chief investment officer from BlackRock, while Ascot Lloyd has created a new head of advice role.
PEOPLE MOVES: Standard Life, Quilter Cheviot, Crowe CW
Standard Life’s chief executive for UK and Europe Pensions and Savings is to retire, with Quilter Cheviot’s chief executive announcing similar plans. Audit, tax and advisory firm Crowe Clark Whitehill sadly announced on Friday that its national head of private clients has died.