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

Libor Trial Hears Global Banks Submitted Skewed Data

Numerous banks told the British Bankers’ Association they deliberately submitted inaccurate data, court at Tom Hayes trial is told

Bellpenny completes two more IFA buyouts

Consolidator Bellpenny has completed two more IFA acquisitions bringing an additional £56m in funds under management and more than 250 clients.

Ombudsman forces managers to make up losses suffered in late transfer

The Pensions Ombudsman has ordered two wealth managers to make up the investment losses incurred by a pensioner on the late transfer of his drawdown fund.

Lloyds to get record £100m fine for mishandling PPI complaints

Bailed out bank Lloyds is set to be slapped with a record fine by financial watchdogs for mishandling payment protection insurance complaints

Lloyds bank fined £117m over PPI scandal

Largest ever retail fine

Luxembourg Signs MoU with Toronto Financial Centre

The visit focused on cross-border expertise

Premier League Will Drop Barclays Sponsorship

The English Premier League will forego having a sponsor from 2016 on.

Kirkland partner losses continue as capital market star joins Freshfields

Kirkland is one of the most competitive partnerships as regarding paying its partners and lateral hires.

GFSC consults on the regulation of personal pension schemes

The paper has been developed at the request of HM Government of Gibraltar and is designed to support the further development of the market for personal pensions and ensure that personal pensions continue to be subject to appropriate regulation and investo

UBS leads business move to Jersey International Financial Centre

The Property Team at leading offshore Law Firm, Mourant Ozannes, has recently advised UBS AG Jersey in relation to an agreement with States of Jersey Development Company to lease Grade A office premises at the high-profile new Jersey International Financi

Victory for thousands of investors with high interest Lloyds bonds bought at height of financial crisis

Lloyds wanted to repurchase ECN bonds at face value

Grant Thornton creates 71 new jobs in Belfast

Invest NI is giving the company £202,000 in grants.

Tisa: Asset managers unaware of Mifid II impact

Tisa, the not-for-profit membership association, warns that many asset managers, distributors, wealth managers, life and pensions companies and firms for whom D2C is important are unaware of the implications of Mifid II.

Gibraltar QROPS operator accountability set to rise

Gibraltar QROPS operators could see their responsibilities as a trustee extend to include the due diligence of overseas financial advisers

Investigation leads to missing Baltic millions in Switzerland

The data also reveals that Latvia's ABLV bank is linked to significant amounts of money in HSBC's controversial Swiss accounts.

Barclays and Standard Chartered launch Fifa payment reviews

Two UK banks named in FBI papers have launched internal reviews into whether they were used for corrupt payments by Fifa officials

Former Barclays chairman: Bank ring-fence is redundant and should be scrapped

Sir David Walker says ring-fencing is a 'uniquely British policy' which will penalise the UK economy

Appleby Advises Santander on Reorganisation of Santander Private Banking in Jersey

The transaction used the Banking Business (Jersey) Law 1991 which allows a Jersey deposit-taking business to be transferred from one bank to another by means of a Court-sanctioned scheme.

UK law firm doubles Cheltenham office

The new hires bring Lodders’ partnership total to 27 and overall staff numbers across its three locations in Cheltenham, Stratford upon Avon and Henley in Arden to well over 120.

Standard Chartered boss talks Fifa and Europe

The Europe chief executive of Standard Chartered has said that the British banking giant is trying to "figure out" what role it played in the Fifa corruption scandal

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