09/27/2019
Number of bank transfer scams in UK rises by 40% in a year
Authorised push payment used to steal £616m during first six months of 2019
Comment, Analysis & Research
09/27/2019
Santander UK hit by regulation, competition and Brexit to tune of €1.5bn
At the same time, Santander announced its first 2019 dividend at €0.10 (around nine pence) a share.
09/27/2019
CEO of FinTech Scotland cites collaboration as key to Scotland’s digital economy
There has been a lot of funding and investment activity in the sector this year.
09/27/2019
Commenting on Draghi’s speech and how what the block needs is a co-ordinated fiscal effort
The ECB is signalling that conventional monetary policy tools have reached their limits in the eurozone.
09/27/2019
IOSCO reviews member efforts to deter mis-selling of complex financial products
The Report includes several findings and observations from the Thematic Review
09/27/2019
Shifting balance of risks by Michael Saunders
The level of uncertainty facing UK businesses and consumers has been relatively high since the EU referendum.
09/27/2019
Half of HNWIs invest to future-proof financial well-being: report
While some UK investors forgo home ownership, others look overseas.
09/27/2019
Former Danske bank chief found dead
Rehe was not a suspect and Raul Malmstein, who was head of Estonia’s financial regulator during that time, said Mr Rehe’s death was “really sad news”.
09/26/2019
Job Curtis Backs St James's Place
FTSE 100 wealth manager, which has come under fire for adviser perks recently, is the 20th largest holding in the Silver-rated City of London Investment Trust
09/26/2019
Moneyfarm raises £36m in funding from Poste Italiane and Allianz Asset Management
Its partnership with Allianz goes back to 2016, when the insurance firm backed Moneyfarm with a $7m investment, which brought the wealth manager into the German market.
09/25/2019
What 'Dover Beach' has to tell us about modern politics by Tim Price
To just stand to one side and watch this number of jobs go and so many holidaymakers have their holiday ruined, I just don’t think that’s wise government.
09/25/2019
WeekWatch by ST. James Place
When that power is exerted by committee, however, it can be tamed somewhat by division.
09/25/2019
Wealth managers not equipped to deal with rise in high net worth demand for offshore investments, says GlobalData
The proportion of HNW individuals that invest offshore has been on the rise despite the scandals that have shaken the industry and ongoing negative media coverage.
09/25/2019
53% of retail investors would consider using a robo-adviser
Robo-advisers clearly need to provide service levels around several issues important to investors, and in some cases, this could mean providing access to human advisers.
09/25/2019
Trust in Danske Bank has collapsed, says its new chief executive
The high level of trust in Denmark, which enjoys a reputation as being one of the least corrupt nations, meant that there had been fewer incentives to control risks, which led to problems outside the Nordic region, Vogelzang said.
09/25/2019
Aperture’s CEO: we want to be the Netflix of asset management
‘Why is it the Netflix of the asset management business? Because we deliver content to people where they are, when they want it and how they want it.’
09/24/2019
Only 1,000 financial services jobs lost to Brexit - EY
The number of jobs that could relocate from London to Europe in the near future still stands at around 7,000, and the value of assets which could move out of the UK as a result of Brexit remains approximately £1 trillion.
09/24/2019
Advisers unprepared for £300bn of wealth transfer due to occur over next decade
The research showed that 60% of inheritors were not satisfied with their advisers, while 53% of inheritors were either not sure or wouldn’t use the adviser of their donor.
09/24/2019
Mifid rule forces Brewin boss to work Christmas Day
The controversial Mifid depreciation rule requires those with discretionary permissions to write to every client by the end of the following business day whose portfolio has dropped by 10 per cent or more from the beginning of the last reporting period.
09/24/2019
Family offices anticipate market disruption, says UBS report
The report reads: ‘In response, family offices are beginning to consider safeguards to moderate potential losses and capitalise on new opportunities.’