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

EU agrees rules to curb bank trading risks

Talks will now start with the European Parliament on the final version of the law, with further changes possible.

Olswang Berlin partners split off to set up boutique

TMT - at core of firm

The great Moldovan bank robbery

It's a mystery that's thrown Europe's poorest nation into deep crisis - $1bn has vanished from three of Moldova's leading banks, much of it passing through UK companies.

HSBC, Goldman, Barclays, BNP in Talks to Resolve Forex S

Investors claiming banks manipulated foreign exchange rates are “hopeful” of reaching a settlement within 30 days in their cases against HSBC Holdings Plc, Barclays Plc, Goldman Sachs Group Inc. and BNP Paribas SA, according to their lawyer.

Swiss Private Bank Named in FIFA Indictment Opens Investigation

Swiss private bank says it is investigating its involvement in a FIFA corruption case and is cooperating with authorities.

Top EU court backs ECB's bond-buying scheme

The EU Treaties permit the (ECB) to adopt a programme such as the OMT programme.

International law firm breaks into growing legal product market with start-up tool targeting hedge funds

The resource has been created by a dedicated team within the firm’s award-winning hedge fund practice.

You’ve Been Warned: Central Bankers Turning Less Market-Friendly

But for those who track the world’s central banks, change is afoot

Credible Deterrence In The Enforcement Of Securities Regulation

This paper reflects the collective experience and expertise of the member jurisdictions of IOSCO’s Committee 4 on Enforcement and the Exchange of Information.

IOSCO: Meeting the Challenges of a New Financial World

IOSCO’s private meetings preceded public sessions focusing on the theme of Building a New Financial World

IOSCO publishes report on credible deterrence approaches in securities market regulation

The International Organization of Securities Commissions has published the report Credible Deterrence, which identifies key enforcement factors that may deter misconduct in international

Barclays, Citi, JPMorgan Face Korea Forex Probe in South Korea

The probe into the manipulation of foreign-exchange rates is spreading beyond the U.S. and Europe.

City watchdog slaps near £5m fine on Indonesian coal miner

The FCA found that ARM committed serious breaches of Listing Principle 2, Listing Rules 8 and 11 and Disclosure and Transparency Rule (DTR) 4 in the period 28 June 2011 to 19 July 2013.

JPMorgan, HSBC Said to Meet EU Accusers in Euribor-Probe Hearing by Gaspard Sebag

JPMorgan Chase & Co., HSBC Holdings Plc and Credit Agricole SA will come face to face with the European Union antitrust officials who accused them of rigging the Euribor benchmark at hearings this week.

German banks file suit against Austria's Heta

A group of German public sector banks are suing Austrian "bad bank" Heta Asset Management for a total 218 million euros ($245.36 million), a spokesman for NordLB said on Monday, confirming an earlier report by Handelsblatt daily.

French judges cuts 1 bln euro HSBC bail in tax fraud case- source

That sum would have been nearly half the value of HSBC's alleged fraud of 2.2 billion euros

Debevoise Advises Management in Balta Acquisition

The transaction is expected to close at the end of August.

UK regulator restricts sale of high risk securities to retail investors

Final rules restricting the promotion of complex regulatory capital instruments to individual investors will come into force when temporary restrictions expire in October

Iceland is out of the woods but the financial system is still dangerous, says PM

The country is starting to lift the crisis-era capital controls that have been in place since 2008

HMRC wins millions from Abbey National avoidance case

This is the latest result in a series of tax tribunal wins for HMRC

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