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

Amanda Staveley's battle with Barclays nears judgment day

Over four years over filing charges alleging deceit by the bank, the prominent financier is eventually set to get her day in court

Intu puts KPMG on stand-by for administration if bank talks fail

Contingency plans drawn up by struggling shopping centre owner ahead of critical talks with lenders would see KPMG handle administration

FCA package of measures regarding DB pension transfers

This Policy Statement forms part of a wider package to improve the suitability of pension transfer advice.

Vatican arrests London-based broker

Gianluigi Torzi was a middleman in the acquisition of a luxury property in Chelsea

Regulator working on how to avoid ‘lumpy bills’ for firms in future

Wealth managers and financial advisers had responded well during the crisis and firms were adapting well to the new normal, she said. But she cautioned the regulator could not “overlook financial resilience”.

Covid-19: FCA updated guidance on branch access for essential services

The FCA recommends that firms continue to balance the needs of their customers with the safety and welfare of their staff, and urges firms to consider the needs of their most vulnerable customers.

Withers partners with BIICL on new research project for sovereign wealth funds

The research team will work until December 2020 and the results of the project will be included in a report and presented at a final conference hosted by BIICL and Withers in early 2021.

New game rules for non-resident companies

Today it is difficult to imagine the process of incorporating a legal entity even in offshore zones without identifying the ultimate beneficiary and the source of its funds.

European bank ramps up stimulus package

ECB President Christine Lagarde scotched speculation that the bank could follow the US Federal Reserve in buying sub-investment grade bonds, saying that option was not discussed by policymakers.

CIC expands its offering for corporates and investors via a cooperation agreement with M.M.Warburg & CO

This cooperation begins with investment research services, in ECM and brokerage activities.

SEC Acts Upon an Influx of Whistleblower Complaints

The SEC has indicated its willingness to aggressively pursue enforcement actions as a result of these complaints.

Trade Credit Insurance backed by £10 billion guarantee

Government to provide guarantees of up to £10 billion to Trade Credit Insurance schemes for business-to-business transactions

Letter from Sam Woods ‘Covid-19: IFRS 9 and capital requirements

Letter to chief executive officers of UK deposit takers, in response to updated FCA guidance on retail mortgage payment deferrals.

Seven moments in Spring: Covid-19, financial markets and the Bank of England's operations - Speech by Andrew Hauser

In my remarks today, I want to give a bird’s eye’s view of what happened in those extraordinary weeks, and the steps we took

CaixaBank Teams with IBM Services

Red Hat OpenShift and AI engaged to help the bank to roll out new digital offerings delivering enhanced customer experiences

European Single Electronic Format Regulation Requirements

ESEF is a technical format. It doesn’t prompt new information to be produced, it’s about making existing information available in both human-readable and machine-readable forms.

Investors launch legal claim against two life insurance giants

After they lose life savings in ‘high risk fund mis-selling’ linked to LMIM

The GAR100 recognise Withers' international arbitration group as a leading practice worldwide

The GAR100 list represents the most active and respected international arbitration practices in the world, and is based on detailed research to verify the quality of each team’s work.

Don’t blame the executioner!

These were the questions considered by the High Court in the recent case of Adams v Options SIPP UK LLP.

Corporate Insolvency and Governance Bill: A Jersey Perspective

Jersey creditors will already be aware of the statutory moratorium that protects debtors in an administration process from legal proceedings being commenced or continued.

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