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

New Mail Hormones by Justin Urquhart Stewart

Is this another classic British example of being by-passed by technology and innovation, as well as blended with poor management and archaic trade unions?

Wheelbarrows by Tim Price, PFP Wealth Management

*Europa, in Greek mythology, after whom the continent of Europe was ultimately named, was abducted by Zeus in the form of a white bull. Apparently.

Overcast skies - Coutts

Last week was a sea of challenging news. We believe the markets have over-discounted some of the more pessimistic headlines.

Executive pay battles to get stronger, says report

The 2012 "shareholder spring" over executive pay was an illusion, with the real battles likely to come over the next two years, according to a report.

France stripped of prized 'AAA' credit rating by Moody's

France has suffered a serious blow to its economic credentials after being stripped of its prized AAA credit rating by Moody’s.

A central question of both the book and the film was: how could a small-market, small-budget baseball team like the Oakland A’s compete against teams from larger markets that had the resources to pay top dollar for superstar players?

Banks may shrink for good as layoffs near 160,000

The tally of nearly 160,000 job cut plans, meanwhile, is likely to be a conservative estimate as smaller banks and brokers are also cutting staff or shutting up shop, and bigger banks have not always disclosed target numbers of layoffs.

Scottish independence: RBS could move HQ after independence, warns bank chief

Giving evidence to the House of Lords economic affairs committee, the RBS chairman said both the UK and Scottish Governments needed to “give clarity” on what would happen should Scotland leave the UK.

Wealth Sentiment Monitor - RESEARCH

Skandia International has published a new study into consumer confidence and sentiment towards wealth which was carried out across the territories relevant to Skandia International / Old Mutual Wealth.

The price of happiness is US$162,000

The research, conducted with 5000 people across 13 territories

Investors Not Acting in Their Own Best Interest

Study calls for a new definition of performance to deliver sustainable returns; one size no longer fits all

No place to hide by Gary Heynes, Baker Tilly

As the net closes in even further on offshore tax evasion, surely the time is right now for HMRC to introduce a general amnesty?

What the banker should have said to the bishop

God met Mammon at the Parliamentary Commission on Banking Standards, set up in the wake of the Libor-rigging scandal, and the result was much heat but very little light.