Industry
St James’s Place targets £500m cost cuts as FUM hits record £181.9bn
The aim is to achieve annual FUM growth in the ‘mid-to-high single’ digits over time
Brown Advisory names Yoon Bean Kim as head of North Asia (ex-Japan)
Having established a Singapore presence in 2019, Brown Advisory recently passed $3.5bn of assets managed out of the region
KGAL hires Carolin Vormann from HSBC as head of institutional business
Prior to her time at HSBC, she was head of NBFI (non-bank financial intermediation) at Commerzbank
Highvern names duo for senior private wealth roles in Guernsey
Headquartered in Jersey, it has a presence in Guernsey, Cayman Islands, Ireland, Switzerland, and the UK
Fraudster sentenced for £17,000 Instagram insurance scam
LV= referred the case to City of London Police in January 2021