Arbuthnot recruits private banking director
Nick Cringle has joined Arbuthnot Latham as private banking director for the north-west region.
Nick Cringle has joined Arbuthnot Latham as private banking director for the north-west region.
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The sale of Everyday loans and the successful placing of a 33% stake in Secure Trust Bank have “substantially increased” the Arbuthnot’s financial resources and positioned it well for the post Brexit landscape the firm said on Tuesday.
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Arbuthnot Latham is eyeing further recruitments for the North West corner of its English wealth management ‘triangle’ following a double addition to its Manchester office.
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Arbuthnot Banking Group announced a 65% jump in pre-tax profit for the first half of 2015 to £15.7m and plans to expand into commercial banking.
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Arbuthnot Latham has entered into a strategic co-operation agreement with Mariana Capital Markets following the departure of three senior employees.
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Arbuthnot Latham’s first half-year results since the introduction of RDR has seen a jump in assets under management of more than 25% contributing to its parent company’s sustained growth over the same period.
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Arbuthnot Latham has continued its team expansion with the appointment of Adam Patten as a senior private banker.
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Dan Saxby has left his role at Coutts and Co, having been appointed as Director, Private Banking at Arbuthnot Latham.
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