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Wealth advisory firm Artorius has recruited a former Deutsche Bank lending executive into its team.

The UK trust business of Coutts and NatWest has been sold to a new firm, Ludlow Trust Company under an agreed acquisition deal.

Private investment house Queensgate Investments has appointed Gary Jones as chief operating officer and Daniel Peart as general counsel.

Asia now has the most billionaires in the world and accounts for one third of global wealth. A 2020 report on global billionaires confirmed Asia to be the fastest growing market of wealth in the world.

A former UBS Wealth Management executive has joined a fast-growing boutique in Zurich.

PwC last week announced plans to allow its 22,000 UK employees greater flexibility in their working patterns.

Close Brothers Asset Management (CBAM) has appointed Suzanne Collins as head of marketing to support the strategic development of the business, thewealthnet can reveal.

The Jersey Financial Services Commission (JFSC) has appointed its first board apprentice.

Personal Finance Society (PFS) chief executive Keith Richards has stepped down after eight years in the role.

The wealth management sector is awash with consolidators – many of which are backed by private equity – snapping up smaller advice firms.