Swiss private bank Union Bancaire Privée (UBP) has agreed a deal to buy the international arm of Coutts from the Royal Bank of Scotland.
Old Mutual Wealth has hired Openwork's chief executive Mary-Anne McIntyre as chief distribution officer.
Changes to regulatory authorisation procedures is to affect the acquisition-led strategy of wealth firm consolidator AFH Financial, the company has said.
Towry has increased its offer for Ashcourt Rowan to £120m, a move which is understood to have been prompted by rival bidders circling the firm.
Three members of senior staff at Ashcourt Rowan are to exit as its takeover by Towry is finalised.
Wealth manager Brooks Macdonald expects its funds business to break even in the second half of its financial year, and will turn a profit for the first time in 2015-16.
FATCA is tip of the iceberg for wealth firms
Charles Stanley is to offload its securities business, with the likes of Cantor Fitzgerald and Panmure Gordon set to be beaten to the deal by US firm Stifel Financial.
Prudential chief executive Tidjane Thiam has been named as the surprise new head of Credit Suisse.
Walker Crips has acquired wealth firm Barker Poland Asset Management (BPAM) in a deal which will add £230m to its assets under management.