Matthew Nimbley
Banking Director
Matt joined Hampden Bank in 2016. He is a certified member of the Chartered Banker Institute and has attained the Associate Chartered Banker Diploma. Matt has an MA Degree in Politics from the University of Edinburgh and attained the Certificate in Mortgage Advice & Practice (CeMAP) with a Distinction.
Matt was a Global Finalist in the Chartered Banker Institute’s ‘Young Banker of the Year Competition 2021’ and won the Hutton Prize Gold Medal in 2020
Insights from Matthew
Trusts need more than a bank account: why specialist banking matters
Trusts are no longer niche structures only used by the ultra-wealthy. They play an increasingly important role in financial planning for a wide range of reasons – from succession planning, charitable giving and long-term family asset management to medical negligence settlements and personal injury awards.
While the legal and tax framework around trusts is well established, the practicalities of day-to-day banking for trusts are often overlooked. Trustees regularly tell us that finding a bank willing and able to support them is harder than it should be.
Why are clients turning their backs on high-street banks?
In the rush to move customers online, mainstream banks are beating a retreat from traditional high street banking. This lack of service has led many clients to review their financial affairs and come to the conclusion that they want to know the person who’s looking after their money.