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

Corrected: HSBC should stand trial in tax fraud case: French prosecutor

The banking giant was accused of failing in its supervisory role over its private banking division

NFA orders commodity pool operator and commodity trading advisor The Cambridge Strategy Asset Management Limited to pay $60,000 fine

In December 2014, the BCC issued its first Decision against Cambridge

Irish arm of banking giants passes ECB health check

The ECB said that the firms “will be expected to undertake actions to address qualitative findings

Sweden's clean corporate image dealt blow with insider trading case

The bank chairman and CEO were both ousted when it came to light they had approved of the dealings.

King & Spalding Elects 14 New Partners Across Seven Offices

"This year's class of new partners again reflects our priority to develop and promote high caliber lawyers worldwide in our areas of strength," said Robert D. Hays, Jr., chairman of King & Spalding.

FCA and HMT responses to CMA final report on competition in the retail banking market

The FCA will take action to improve competition in the current account market in response to recommendations proposed by the CMA.

EBA final guidelines on ICAAP and ILAAP information

These Guidelines aim at facilitating a consistent approach to the supervisory assessment of ICAAP and ILAAP frameworks across the EU as part of the supervisory review and evaluation process (SREP).

BREXIT: FCA evidence to House of Lords European Affairs Sub-Committee on Financial Services

The House of Lords European Affairs Sub-Committee on Financial Services has published written evidence submitted to it by the FCA. The evidence relates to the inquiry exploring the future of financial services in the UK following the vote to leave the Eur

Osborne Clarke advises Investec Bank plc in its capacity as sponsor and financial adviser to Regus plc

The market capitalisation of IWG plc is likely to be c.£2.2 billion.

Top City law firm who led the High Court bid to stop the PM triggering Brexit still won't reveal the fat cats they're working for

In July Mishcon launched the action to ensure MPs have their say before Downing Street invokes Article 50 of the Lisbon Treaty

NatWest takes next step in its alternative finance journey

The scheme allows customers to apply direct to any of the lenders, or rely on a referral from their relationship manager.

IFA's expected to review fee set ups ahead of MiFID II

IFA's could seek to de-risk their business by reviewing their level of professional indemnity cover

Gay hedge fund manager sues for City ‘abuse’

A hedge fund manager who says that he was treated as a “curiosity” by homophobic colleagues

The law firms with the best social life

Legal Cheek has obtained a unique insight into how trainees and associates like to unwind after a hard day’s work.

Clifford Chance applies AI to unearth legal implications of financial regs

This collaboration is part of our journey to bring together the best of today's technological capabilities and the best legal skills and expertise.

French prosecutor calls for British bank giant HSBC to stand trial for aiding large-scale tax fraud in France

The case began when French authorities in late 2008 received files stolen by Herve Falciani, a former HSBC employee.

Mark Lyttleton pleads guilty to insider dealing

The trading was conducted by Mr Lyttleton through an overseas asset manager trading on behalf of a Panamanian registered company.

Debt purchaser Motormile Finance agrees to redress package

Motormile has since amended its processes, systems and controls to mitigate the risks identified.

FCA acts to improve competition in the current account market

The FCA will also consider the need for rules in relation to the proposed Monthly Maximum Charge

JWG to help industry unlock regulatory reporting

It was a natural progression for JWG to support the FCA’s RegTech agenda.

Legal, Regulation & Compliance