Asset manager Bellecapital has poached a long-standing private banker from Deutsche Bank for its U.K. and pan-European business, finews.com can reveal.
Zurich-based Bellecapital is hiring Nicolas Patsalos as a private banker and senior investment manager in London, finews.com has learned. The move comes as the Swiss asset manager solidifies its commitment to the British market as well as to pan-European clients.
Most recently, the British banker spent more than six years building a book of high net worth clients for Deutsche Bank in London, after three years in sales and as a product specialist with HSBC. He is specialized in advising entrepreneurs and business owners on investment advice, wealth planning and structuring, and lending.
Poached From Rivals
Despite the far-reaching Brexit vote in 2016, Bellecapital is in U.K. expansion mode. «The U.K. and pan-European market is growing again and we are pleased to be expanding our business with professionals who are passionate about investment and client service,» Bellecapital co-founder Mark Eberle said.
Rival Julius Baer is also plowing money into deepening its reach in Britain. Bellecapital, which is specialized in alternative and other niche assets as well as direct investments and private placements for wealthy clients, has successfully poached from rivals including Credit Suisse in recent months.
