Defiant in the face of any Brexit-led uncertainty, Swiss lender Julius Baer continues to expand its U.K. business.
When Julius Baer's CEO in the U.K. David Durlacher said to finews.com last year that he wasn't overly worried about Brexit, his optimism was not reflected by his peers. Durlacher has reiterated the bank's commitment to expansion in the U.K. with three new senior hires, in addition to the almost-30 hires it made last year, many of which were from Barclays.
The push for new hires appears to have paid off, with the firm adding more new clients in 2018 than it did in the previous two years combined, according to a statement released on Tuesday.
- Colin Aitken joins Julius Baer from UBS where he was co-founder and former head of the bank's Scottish Office for nine years. Aitken has over 30 years of industry experience and will be based in Edinburgh for the new role.
- Mark Dooner joins Julius Baer from Tilney, where he was responsible for investment management and financial planning. Prior to this, Dooner has held senior roles at Barclays Wealth and PwC. He will be based in Manchester.
- Laurence Patmore joins Julius Baer from Barclays Wealth and has over 20 years of industry experience. Patmore will be based in East Anglia with a mandate to support clients and build new business in and around Cambridge.
The new hires will report to Calum Brewster, managing director and head of U.K. regional offices at the bank.
