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

Client Growth Underpins Thrings' Expansion Plans

This has enabled us to deliver a higher level of service in line with our clients’ specific legal needs.

FCA warns on clone firm Portsea Asset Management LLP

This clone firm is using the details of the FCA authorised firm of the same name.

CISI Offers Support To EU Financial Services Regulators And Firms

These have been put in place to ensure that all staff working in financial services customer facing roles throughout Europe are qualified to the highest professional standards as outlined in the new MiFIDII regulations.

Polish president signs laws to fight tax evasion

Those fraudulently filing tax returns will face 25 years in prison if the sum involved exceeds PLN 5 million

No summer break for MiFID II

I’d anticipate that Level 2 could be completed and published in the Official Journal as early as the end of August.

Harneys acts on restructuring to enable further major foreign investment into Cuba’s growing economy

LGC Capital is one of the few public listed companies globally whose prime purpose is investing directly in the fast-growth Cuban economy.

Greek Tax Investigators Raid Home Of Former Local UBS Bank Boss

The raid on Christos Sclavounis’ Athens residence on July 4 is the latest attempt by cash-strapped European nations to pierce the secrecy of Swiss banks in the hope of boosting depleted coffers.

Europe’s New Financial-Regulation Chief to Press Lawmakers on Big-Banks Review

Dombrovskis breathes new life into initiative that could lead to ban on risky trading practices

Greece says raid on ex-UBS man part of tax clampdown

Greek police were not immediately available for comment.

Italy on collison course with Brussels over €50bn bad bank bailout plan

The scheme, which is being put together by JP Morgan, could help clean up the banks

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.

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