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Banque Transatlantique to launch wealth management offering in UK, remains “optimistic” about post-Brexit City

Date: 22 Sep 2017

Citywealth

Banque Transatlantique, part of French banking group Crédit Mutuel-CM11, has appointed Robert Jeffree as CIO, based in its London branch. Jeffree will be responsible for developing a new discretionary and advisory wealth management offering that will complete the bank’s private banking service available in the United Kingdom. Jeffree, who has over twenty years’ experience in investment management, joins from C. Hoare & Co, where he was a CIO.

Gwenolé Le Blevennec, general manager of Banque Transatlantique London Branch, comments:

“Banque Transatlantique continues to invest in the development of its UK operations, as we remain optimistic about the City’s post-Brexit prospects, and as a French bank are committed to growing our presence in the UK.”

Robert Jeffree, CIO, adds: “Between now and launch in January, I’m taking time to meet with our banking clients to properly understand their investment needs. We have no legacy issues to deal with; we can design our investment offering in the best way to meet the client’s objectives and the new regulatory framework. People often ask me about our client’s attitude to Brexit. The outcome is clearly uncertain but what I hear is that our clients enjoy living in London and the UK and are too busy focusing on their careers, businesses and family matters to be overly concerned.”

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