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

Fraud chief calls for tougher corporate prosecution laws

Prosecutors should have US-style powers to punish big business and root out financial crime in the City, the head of the Serious Fraud Office said today.

Stephenson Harwood pays 30% more to highest-earning member, latest accounts show

This figure in LLP accounts does not necessarily equate to the highest paid equity partner

Bankers still need a ‘bashing’ — as do the rest of us

Regulators’ failure always to fulfil their role means others must pile on the pressure

Elliott Hedge-Fund Group Loses German Top Court Porsche Ruling

The funds didn’t show they have no other way to prove their cases, the judges said in a ruling published on the court website.

Former Catalan chief to go to court over alleged money laundering

The judge assumed jurisdiction in the case that was originally opened by a court in Barcelona against the couple and three of their children after the former Catalan leader in 2014 admitted publicly that had hidden a considerable amount of money in Andorr

George Osborne must 'use his influence' and step into FCA's banking review row

Chancellor urged to act after regulator decides not to publish key report into UK's banking culture

Two convicted of insider dealing in Operation Tabernula trial

A group of men are due to appear in court in January over allegations of insider trading as part of the financial watchdog's Operation Tabernula

HSBC's Swiss unit facing German tax probe -SonntagsZeitung

Lawyers for HSBC are negotiating with authorities for a settlement which should also include a solution for the employees

Property company insolvencies rise in UK to 6-year high

Overall rise in insolvencies “is down to improved property prices”

Debevoise Names Six New Counsel and International Counsel

Their promotions became effective on January 1.

HSBC snaps ties with Islamic Relief over 'terror' fears

Islamic Relief receives millions of pounds from the Department for International Development.

UK and Irish companies most optimistic in EU

British companies in particular have reported big increases in their expectations for exports and profitability over the year ahead, according to the research findings.

Dealwatch: Freshfields acts for Deutsche Bank as it sells ¥25.7bn of Chinese assets

Freshfields was among several firms awarded positions as Deutsche Bank's go-to advisers after the bank finalised its global legal panel

City focus: A quarter of Akin Gump partners made up in London in latest promotions round

Those US cities each saw two lawyers made up to partner.

Sberbank Chief Predicts Regulation Will Lead to Rough Times For EU's Banks

German Gref, Head of Russia's Sberbank, criticized the European Central Bank's regulatory policy and forecasted a "very difficult period of time" for European banking in the future.

Ipes and KPMG sign agreement to provide investors with certain services

One of the first deadlines for clients to be aware of is the deadline for FATCA reporting for US and UK investors in May/June 2016.

Cofunds announces improved drawdown visibility

This will enable them to manage their clients’ decumulation strategies and ultimately plan and manage their wealth effectively and tax efficiently.

Art dealer Wildenstein accused of huge French tax fraud

This “hidden” estate consisted of properties in New York and the Virgin Islands

Apple to Pay $348 Million to Settle Italy Tax Probe

Authorities in Milan told the publication that Apple was under investigation for failing to declare earnings in Italy from 2008 through 2013.

FCA will not publish key report into Britain’s banking culture

Regulator decides to work directly with banks to address concerns over 'remuneration, appraisal and promotion decisions'

Legal, Regulation & Compliance