- Managers of Wealth - Europe -Wealth, private banking and asset management news and opinion

Comment, Analysis & Research

EFG’s 2022 perspectives: Global growth set to continue, inflation to be transitory

Inflation will be the main concern for central banks when setting their monetary policy in the coming year.

Comment, Analysis & Research

Pandemic to endemic; living with infection, inflation and higher rates

Wealth and Asset Management

Wealth Management: The digital shift

EBRD green finance in 2021 hits record 51 per cent of €10.4 billion total

ESG: Sustainability Preferences, Risk and Factors

Wealth and Asset Management

Highvern announces acquisition

Global financial services firm seeks Asia wealth expansion

Coutts leader reveals plan to be 'best private bank in Scotland'

Wealth Management: The digital shift

Brooks Macdonald Group Quarterly Announcement of Funds under Management

Catching falling angels, avoiding falling knives

Executive Moves

AIB UK’s chief to leave after unit restructuring

UK wealth manager appoints new CEO

Former BlackRock equities chief takes advisory board post

Equiom Group appoints Peter Soesbeek to lead Equiom Netherlands

PwC appoints new head of asset and wealth management

Weatherbys hires ex-Barclays man as head of investments

Legal, Regulation & Compliance

Supervisory flexibility on the short selling indicator

MIFIDPRU Remuneration Code

Financial Regulation: Daily Update

Financial Services and Banking News

Individual accountability and the SMCR: a portent of success for the FCA’s new Consumer Duty?

European Commission proposes directive to prevent misuse of shell entities in the EU

FinTech

NatWest Markets sets up blockchain team

Innovate Finance appoints three new non-executive directors

More than half of organizations have gaps in their zero-trust implementations

No Britcoin crypto: House of Lords says no to digital pound but Bank of England undeterred despite run on cash warning

BBVA Switzerland expands its crypto offering with the support of Avaloq technology

Millions of banking app users exposed to security flaw: HSBC, NatWest, Monzo, Santander, Starling and Virgin Money customers all affected

Alternative Investments

Vanguard new clients spike by 83% after UK advice launch

ING invests in EIT InnoEnergy

Golding reports final closing of its secondaries fund at €280 million

Waystone increases UK offering with addition of T. Bailey Fund Services

AXA IM rebrands and realigns Global Distribution fund

Guinness AM rebrands to Guinness Global Investors

Investment Banking

M&A outlook strong as investment banks complete merger

UniCredit S p A : EIF and UniCredit to provide €1 billion for SMEs in Bulgaria, Slovakia, Slovenia and Croatia

Princess Maria Laura of Belgium set to wed British investment banker

Russia-based Sinara Investment Bank becomes member of ISDA

BNP Paribas lays down markers of its investment banking ambitions

Banks halt Brexit relocations as European hiring seen ‘rapidly’ ramping up next year

Comment, Analysis & Research

Brighter outlook after the fourth wave

EFG’s 2022 perspectives: Global growth set to continue, inflation to be transitory

UK economy returns to pre-pandemic heights

Blue Monday: Quilter offers free mental wellbeing talks to help advisers beat the blues

The rise and rise of private equity

Four multi-asset perspectives on inflation

Tax

UK consults on proposed global minimum tax for multinationals

France: 2022 finance law enacted

France: ATAD 2: Final administrative guidelines published

Double tax whammy risk for big pension withdrawals

EU publishes minimum corporate tax rate directive

Britons warned about tax 'sinkhole' that could leave you paying thousands more

Retail Banking

Allica Bank joins the APPG for Challenger Banks and Building Societies

Italy's Pop Sondrio to explore all options after shedding mutual status

Santander races to claw back £130million after Christmas Day blunder

Staff at BNP’s Italian bank stage first strike since 1990s

Alpha Bank agrees sale of bad loan portfolio to Hoist Finance

UK bank branch numbers have almost halved since 2015, analysis finds

Pensions

ZEDRA bolsters Pension Services offering with acquisition

Moret: Is it time to kill off the Sipp?

FCA statement on British Steel Pension Scheme Redress

Quilter asks MPs to tweak pension age rules

FCA pension data shows 43% withdrawing at unsustainable 8% rate

FCA, TPR and MoneyHelper joint statement on Old British Steel Pension Scheme

Planet SOS

FSL Collaboration With EnlightenESG

Utmost Group becomes a signatory to the UN-supported Principles of Responsible Investment

Carey Olsen advises on the launch of Gresham House British Sustainable Infrastructure Fund II

Record 430 Unlisted Natural Resources Funds in Market in Q4 2021

EBRD green finance in 2021 hits record 51 per cent of €10.4 billion total

Colonial and its Subsidiary SFL Aim to Requalify All of Their Outstanding Bonds Into Green Bonds

Covid-19

UK air travel sees huge slump in 2021 due to Covid

The Cayman Islands, Spain, Portugal And Buenos Aires Are Welcoming Remote Digital Nomad Workers To Relocate

Allica Bank joins government-backed Recovery Loan Scheme

Fear of Omicron shutdown hits markets

UBS tells European dealmakers not to travel as Omicron worries mount

New Covid variant roils global markets