Barclays Wealth boosts Cardiff operations

Mr Rowsell – who has 28 years’ experience in private banking – joins Barclays Wealth from Coutts & Co, where he was instrumental in helping to establish and develop its regional business in South Wales over the past 13 years.


Reinsurance brokerage giant to move HQ to London

The move won’t trigger any job losses in Chicago, which will remain the firm’s Americas headquarters, the broker said today in a statement. The firm plans to add 1,000 jobs across the U.S. this year, it added.


Tough decisions for banks as cash cows run dry

Deutsche Bank first got stuck into global asset management in 1990 through the purchase of its London-based rival Morgan Grenfell. It did not take long for it to discover that a party was in full swing.