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

Traders ‘competed to win Libor cup’

The winner would receive a cup engraved with their name

Dismissing for poor performance when the employee has raised 'whistleblowing' concerns - Withers

The case of Royal Mail Group Limited -v- Ms K Jhuti concerned a scenario that might be unnervingly familiar to many

£6m payment in second deferred SFO prosecution

The counterparty to the DPA is identified as ‘a UK SME’ which cannot be named due to ongoing, related legal proceedings.

Bank of England policymaker says no rush to cut interest rates – business live

Weale also predicted that the Brexit vote will make the country poorer, as firms slash spending and hiring.

World’s Newest Banking Crisis Revolves Around World’s Oldest Bank

Monte dei Paschi is at the center of a brewing battle between Italy and EU over bailout rules

Profits jump 20% at Anglo-Scottish firm

We have seen particular growth in the digital and telecoms sectors during that period.

Luxembourg approves Reserved Alternative Investment Fund vehicle

Luxembourg managers will therefore have a choice, depending on investor preference.

Banks Win Concessions In EU Bond-Market Transparency Rules

Under transparency rules issued by the European Commission, the European Securities and Markets Authority must assess market liquidity each year before tightening the rules to capture more securities.

CFPB Fines Santander Bank $10 Million For Overdraft Practices

Bank Deceptively Marketed Its Overdraft Service to Consumers, Violated “Opt-in” Rule

Global law firm bolsters financial services practice

She also advises on portfolio transactions and debt financings and represents corporate trustees and agents on debt issuance transactions.

Shoosmiths to open new office

We are focusing on the client experience and listening very carefully to what our clients are asking for.

Brexit myth-busting: A brief analysis for business - Withers

The lead up to the UK's referendum on EU membership was characterised by contradictory claims and resulted in widespread confusion amongst businesses.

Barclays ‘Cartel’ Trader’s Incriminating Chats Were Bravado

Recounting an April 2015 hearing, Justin Bull, the bank’s former chief operating officer, said he showed Ashton transcripts of chats that included discussions about "using inside information" to make money, a joke about his best friend&

ESMA To Recommend on Passporting of Funds Outside the EU Post Brexit

ESMA is due to make its recommendations later this month.

EBF: EU finance ministers need to get Basel back on track

These regulatory measures, commonly known as ‘Basel IV’, pose a threat to the European economy and the EU’s growth agenda.

Too Big to Jail: George Osborne helped HSBC avoid US criminal charges for money laundering

Criminal charges for HSBC would have meant the US would have to review and possibly revoke the bank's charter to do business there.

Ex-Barclays Director Faces Prison for Tipping Plumber Friend

He was responsible for putting together a weekly presentation to keep executives abreast of potential mergers involving bank clients.

Heritage in a strong position to navigate unchartered waters following Brexit

Whilst it is too early to predict how the relationship between the UK and the EU will be redefined, Guernsey’s own relationship with the UK remains unchanged.

FCA fines Towergate and former director Timothy Philip for client and insurer money failings

The FCA found that Mr Philip failed to meet the minimum regulatory standards in terms of competence and capability

Getting culture and conduct right - the role of the regulator

We are cognisant of the diversity of firms this will bring under the regime, and proportionality will play a key role as we work to ensure the SMCR works well across all sectors.

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