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

Mastercard Exec Reportedly Linked to Suspect Transactions at Cyprus Bank

Wirecard has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the FBME bank in Cyprus.

Europe's game changer

First, the EU will now have significant resources to counter economic shocks - for the first time since the euro began trading in 1999.

EBRD to help boost financial stability in Montenegro

DPFM is an independent public institution incorporated in Montenegro and provides insurance to the owners of deposits held with local banks.

Sparkasse Bank fined €217,000 for anti-money laundering breaches by FIAU

Austrian bank failed to carry out proper due dilegence on voluminous transactions by high-risk customers

IFA firm slams ‘incorrect’ portfolio switching article

After it was reported the company put customers into pricier poor-performing funds

As bankers return to the office, industry body warns of new risks of bad conduct

In order to maintain social distancing in offices, many firms have split their workforce into groups, with only some on site at any time.

EBase Mandates Societe Generale Securities Services in Germany and MFEX

Our innovative and comprehensive range of services will be a key asset for ebase to support its ambitions for profitable growth.

PIMFA welcomes Work and Pensions Select Committee investigation into pension scams

As part of this initiative, PIMFA is producing advice on how to avoid scams, including advice on what information regulated wealth managers and financial advisers

World’s Best Sub-Custodian Banks 2020

Subcustodians make cross-border securities investing possible

Fraudster David Haigh told he faces jail if he fails to provide financial details to a UK court

A judge has given the former executive of Bahrain’s GFH Financial Group two weeks to provide the documents

Lasting Powers of Attorney meet the 21st Century

The new service will allow attorneys/ donors to create an online account once the LPA is registered; they can then add their LPA(s) using a reference number and activation key, which they can then choose to share with third parties.

EBRD launches mobile app promoting green technologies

Technology and digitalisation continue transforming the way in which the financial sector is operating.

The UK fund industry could become a casualty of Brexit

The government has stated that its primary driver is to give UK investors access to a more diversified number of funds, over and above the 2500 UK retail funds that are listed on UK platforms today.

‘Whatever it takes...’ by Julius Baer

The current stronger momentum in the profit performance of European companies is probably mainly due to regional differences in the handling of the Covid-19 infection cycles and may only be temporary in nature.

Martin Currie CEO handed top EMEA role as Franklin/Legg deal nears close

Several senior positions are confirmed ahead of the formal creation of the $1.4tn asset management company.

FCA updates FS Register

The addition of certified and assessed persons to the FS Register will commence later in 2020.

Post-Brexit talks: A chink of light at the end of the UK-EU trade tunnel?

This will bring major changes regardless of whether agreement on future trading and other relations is reached.

€130 million in black money regularised so far in 2020

In the case of funds that are no longer subject to Belgian income tax, because of the time elapsed since they were received, regularisation involves paying a fine of 40% of the value of the capital concerned – up from 39% last year.

Guidance on making wills using video-conferencing

The Government is introducing legislation to allow people to use video-conferencing technology for the witnessing of wills being made.

Reducing the Risks of Dismissal during Probation

The CFO brought a wrongful dismissal claim before the High Court alleging that the decision to terminate his employment

Legal, Regulation & Compliance