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

£7.4m insider dealing ring used burner phones and code names, court hears

The conspiracy started to unravel after the Belgravia offices of the veteran trader Ben Anderson, 71, were bugged by City regulators, prosecutors said.

Army of consultants marches towards the City as regulation pushes compliance and risk wages up

The figures showed day rates for so-called contract roles

Solicitors Gordon Dadds strengthens its Cardiff office with two senior appointments

John Watkins and Tristan Clappe will help deliver the firm's growth strategy

UK adviser gets five years for tax evasion

A UK tax adviser and accountant has been jailed for five years after being found guilty of evading more than £6m in tax for himself and his clients, who were mostly from the media and entertainment industry.

Hill Dickinson Agrees Key Acquisition

Hill Dickinson said that the deal builds on a broader programme of investment in the firm's London office

Bank of England denies role in scrapping of FCA banking sector review

The Bank of England has been forced to publicly deny it had any role in the decision by City watchdog the Financial Conduct Authority to scrap a review into the culture of the banking sector.

German prosecutors launch 2,000 tax cases against UBS clients: paper

Investigations into tax dodging began after the state of North Rhine-Westphalia bought a CD containing details of UBS customers in 2012

Macedonia Pension Fund Probed Over Spiralling Debts

KB - First Pension Fund confirmed on Wednesday that the PIOM has paid its six million euro debt.

Basel Committee softens new rules on bank capital

The Basel Committee on Banking Supervision said on Thursday that the amount of capital banks had to maintain for their trading books would be on average 40 per cent higher than they hold now.

EU orders Belgium to recover AU$1.08 billion of tax breaks from 35 companies: Intensifies crackdown on tax evasion by MNCs

Belgium allowed many multinational companies to deduct profits from their taxes to facilitate intra-group synergies.

US hedge fund cries foul over Greek bank

Two senior Greek bankers with knowledge of the situation confirmed that Mr Thomopoulos had been asked to step down.

Dentons hires 11 partner team from Matthew Arnold and Baldwin

The Group's arrival significantly expands Dentons' highly-regarded litigation practice and creates one of the largest financial disputes and contentious regulatory teams in the UK.

High-profile name is set to disappear from the City law scene

Was confirmed as a member of Barclays’ 19-strong global legal panel in July 2014

Six Ex-Barclays, Deutsche Bank Traders to Stand Trial in 2017

They are the first to face charges globally in relation to Euribor, the euro counterpart of the London interbank offered rate.

British Regulator Proposes Additional Rules to Claw Back Banker Bonuses

A public comment period on the proposal runs through April.

Your boss can snoop on your messages - even private ones, says European Court of Human Rights

The court has ruled that it's reasonable for a company to check employees' email and instant messaging and that doing so doesn't violate their right to confidential correspondence.

Law firms win pay battle with RBS as Clifford Chance, Linklaters and Allen & Overy reappointed

When launching its review in the summer of 2015, RBS asked law firms to freeze their rates in exchange for five years on the panel.

FCA risk approach could be 'damaging' says 7IM

The worry is that the FCA is very focused on the psychological appetite for investment risk

Ex-Deutsche Bank Trader Granted 1 Million Pound Bail

The case was sent to a higher U.K. court for a hearing on Wednesday.

Disbarred lawyer appeals extradition on €7.4 million fraud

Wanted man earns €21,000 a month for part-time financial advisory job

Legal, Regulation & Compliance