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HSBC has named Ibrahim Al Abed as head of private banking, Qatar.

Saltus Asset Management has appointed Andrew Fleming as chairman. 

Tilney Smith & Williamson has appointed Chris Grigg as chair.

GAM Holding reported an underlying pre-tax profit of CHF 0.8 million for the first half of 2021.

HMRC has shut down its specialist unit focused on Family Investment Companies (FICs) after it found no correlation between usage and non-compliant behaviours.

Asset Risk Consultants (ARC) has published its Q2 2021 Private Client Indices (PCI) estimates, which are considerably more positive than those of Q1.

Irwin Mitchell’s wealth management arm has appointed David Austin as a non executive director (NED).

Raymond James has appointed JM Finn’s Alasdair Pike as senior investment manager at the Royal Exchange branch in London, where he will work alongside co-branch principals David Stevens and David Roblin.

Natixis Investment Managers has appointed Nathalie Wallace as global head of sustainable investing.

Standard Chartered’s consumer, private and banking business increased its pre-tax profits significantly in H1 2021.