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

Deutsche Bank Ties May Spur Recusals by New U.S. Attorneys

Berman’s work for bank dates to Khuzami’s term as legal chief

Theresa May’s Cabinet Reboot Descends Into Chaos

U.K. Prime Minister Theresa May’s attempt to give her government a 2018 reboot was marred by a chaotic cabinet reshuffle as senior ministers refused to follow her orders.

Herbert Smith Freehills - Financial regulation update

MiFID II: ESMA overview of position management controls

Andorra Bank Eyes Argentina Wealth Management in LatAm Expansion

Andbank, which already named Gonzalo Tarasido to head up the effort in Argentina, is also considering partnerships with brokerages in the country.

Dutch dividend withholding tax reform for COOP structures

The change in the legislation looks to eliminate this difference.

Tilney shuns all but 30 funds after shake-up

He said a portfolio of 30 funds offers exposure to a very wide range of underlying stocks, and therefore a diversified exposure.

EU Snubbed: Denmark goes cold on joining bloc’s banking union

Banks in Denmark are becoming increasingly sceptical about the benefits of joining the European Union’s banking union.

ABN Wants Charge Over London Flat To Fulfill $13.7M Claim

ABN’s application for a charge over the property owned by Palmetto Investments Ltd. will be heard by a court official on Feb. 13

Taxing times ahead for the UK: how to advise clients

The Finance Act implemented changes to the UK tax domicile rules and introduced inheritance tax on the shares of overseas companies which own UK residential property from 6 April 2017.

French corporate deals reach highest value for a decade

Macron’s pro-business policies lead to rise in optimism among chief executives

Chase de Vere plans launch of discretionary model portfolio service

On the back of client demand

PTL launches service to offer asset manager value for money assessments

PTL managing director Richard Butcher explained the analysis would use cost data and evidence relating to control frameworks.

FCA fines former RBS trader over LIBOR

The purpose of these wash trades was to make or facilitate brokerage payments to two firms of brokers in recognition of his receipt of personal hospitality.

Five years of foundations in Guernsey

Foundations registered in Guernsey are nearing 100 in the five years since the island’s Foundations Law came into effect.

Herbert Smith Freehills - Financial regulation update

European Commission report on the functioning of the European ODR platform

Citi fined $70m for failing to address AML shortcomings

“Citi is committed to taking all necessary and appropriate steps to remedy the concerns identified by the OCC,” a spokesman said.

C.Suisse to move staff out of one of its Canary Wharf offices

The bank may then try to sublease the smaller property until the lease ends in 2024

Cypriot Court Orders Freeze of $820 Million In Assets Held By Ukrainian Billionaire

Raga claims it received only $100 million up front for the sale and nothing since.

Robeco Groep N.V. changes its name into ORIX Corporation Europe N.V.

Positioning ORIX Corporation Europe N.V. as a strategic business hub in Europe, ORIX group aims to seek new business opportunities.

Herbert Smith Freehills - Financial regulation update

FCA updated consumer warning: binary options

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