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

Barclays wary of regulatory 'bumps' for RBS, hikes Lloyds PPI forecasts

Barclays said this raised questions about the potential for capital distribution given that the half-year dividend was already just 0.75p.

HSBC share price: Bank loses appeal against tax-evasion probe in France

Lender ‘disappointed’ as French court rejects its requests

Egypt, Russia, UAE to sign deal on joint investment fund tomorrow

The signing ceremony will take place during the 10th session of the Egyptian-Russian Committee meetings.

Growing law firm keeps it in the family

Ayesha Vardag is known as the ‘Diva of Divorce’ after acting for heirs and heiresses, tycoons, footballers, celebrities and royalty in big-ticket financial legal cases.

Banks reach $154.3 million settlement on "dark pool" fraud

The SEC and New York Attorney General had planned to announce the joint settlement Monday before it was reported by The Wall Street Journal Sunday morning.

Cameron hopes on Brexit deal rise after Tusk meeting

The European Commission has drafted texts confirming that the current situation in Britain justifies an “emergency brake”.

AIMA calls for Regulatory Reforms to support Non-Bank Finance

AIMA makes the case that rules should allow greater asset managers’ participation in securitisations in order to support the supply of finance to small and medium-sized enterprises.

Deloitte launches regulatory and investor reporting service

Business advisory firm Deloitte has launched a new service targeting investment managers, banks and insurance firms struggling to navigate the growing wave of complex marketing regulations and tax rules.

Barclays has been hit with a lawsuit for nearly a £1bn

The bank said in a statement: “We believe the claim against Barclays is misconceived and without merit and Barclays will be vigorously defending it.”

Finally! City regulators investigate former HBOS bosses

More than seven years after the collapse of HBOS, City regulators have begun an investigation into the failed bank's former bosses.

France and Germany to Strengthen Control on Bitcoin

Due to the increase in the use of bitcoin in purchasing illicit goods on the dark web and hacking attacks

Regulator responds to first EU-wide stress test

TPR's executive director for regulatory policy Andrew Warwick-Thompson said the flexibilities of UK pension schemes means they can respond to adverse market conditions.

ESMA Consults On MAR Guidelines Regarding Market Soundings And Delayed Disclosure Of Inside Information

MAR strengthens the existing market abuse framework by extending its scope to new markets, platforms and trading behaviours.

Belgian Government To Step Up Measures To Combat Bitcoin Money Laundering

The tax authorities have started investigating fraud cases involving bitcoin.

Regulators want to check the robots before they're unleashed

Regulators across Europe are conducting reviews of the robo-advisory market.

UK banks pay 2 billion pounds for mis-sold rate swaps, reviews complete

The compensation total includes 464 million pounds for so-called consequential losses, which set the clock back to the point before the products were sold and require banks to compensate beyond the direct losses that businesses have suffered.

Senior Promotion In Dispute Resolution at Murray Beith Murray

Her main areas of practice include contractual disputes, property litigation and debt recovery.

Where there’s a will, there’s William at leading law firm

Solicitor William Rowe has joined the firm as an associate.

Two more banks’ licenses revoked in Azerbaijan

These banks couldn’t fulfil their obligations to creditors and didn’t manage their current activity reliably and prudentially

European Commission Letter to ESMA on Application of AIFMD Passport

The Commission stated that with regard to the advice on granting the AIFMD passport to managers and funds established in third countries, it agrees that the country-by-country approach adopted by ESMA is correct.

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