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

Mishcon de Reya hires Enyo Law partner in ongoing disputes push

Partner Annabel Thomas is returning to a full service LB100 firm and joining Mishcon de Reya's disputes practice

Eight convicted for £4.3m unauthorised investment scheme

Eight men have been charged by the Financial Conduct Authority (FCA) with conspiracy to defraud contrary to common law between August 2008 and November 2011 and criminal offences relating to the carrying out of a regulated activity without authorisation

Tom Hayes: moving Libor rates was ‘industry-wide practice’

Tom Hayes told investigators that his efforts to “move the rates up and down” while he worked at UBS and Citigroup were “industry-wide practice” and that he believed he was operating in a “grey area”, a jury heard on Mo

BlackRock hits back at FSB proposed regulation

Asset managers are not the source of systemic risk and should not be regulated as such, says fund giant BlackRock in a response to the FSB’s consultation on new regulation.

Mercer adds Dublin innovation centre to management mix

Parent company Marsh & McLennan plans to create 100 jobs in new unit

Key appointment at leading property law firm

Joanne brings a wealth of experience in sales, marketing and business development gained over the last 20 years

German banks face topsy-turvy world of funding and regulation

The last six months have turned the game of debt issuance on its head for German banks and their investors.

Isle of Man Launches Insurance SPV Framework - Appleby

The new ISPV regime will provide an expeditious and transparent authorisation process, simple and proportionate on-going regulatory requirements and cost-effective operating environment, all from a convenient European time-zone.

TWO of Britain's largest banks caught up in FIFA corruption scandal

TWO of Britain's largest banks have been named in the corruption crisis engulfing world football

Quinn's rising stake in Anglo 'highly unusual', banking inquiry told

Tony Grimes said the businessman's increasing stake in Anglo was highly unusual.

ECON Committee falls short on bank rules change

Legislation that would have made life difficult for the EU's 30 largest banks failed in a Parliament committee, prompting a rethink of how to lessen the risk posed by such institutions

International law firm extends asset management practice to Europe

This team has extensive experience in advising private fund managers in relation to the structuring and establishment of a wide range of private investment funds.

Mattioli Woods founder poised to transfer 50% of stake to ex-wife

His total holding equates to a little under 3.1 million shares of 1 pence each.

Liquidators of failed Cayman Islands-based hedge funds sue Barclays

Barclays knew that during the first half of 2008, ICP Asset Management and Priore caused other investment vehicles they managed to make over $40 million in fraudulent transfers to Barclays to cover Triaxx Funding’s margin obligations.

Accenture: UK Government Should Regulate Bitcoin Wallets

The UK government should apply the same regulation and identification requirements to bitcoin wallets as it does to bank accounts, Accenture has suggested.

Basler Kantonalbank says to pay 38.6 million euros in German tax probe

Basler, one of a host of local government-backed lenders in Switzerland, is still on the hook in a U.S. probe investigating how Swiss banks helped wealthy Americans dodge or cheat on taxes.

Societe Generale Unit Joins Other Banks in U.S. Tax Evasion Pact

The department is currently investigating accountholders, bank employees, and other facilitators and institutions based on information supplied by various sources, including the banks participating in this Program. Our message is clear – there is no

The Investment Association systemic risk response: “It’s not how big you are, it’s what you do with it”

The Association insists that the right approach is to focus on activities that might give rise to dangerous levels of interconnectedness and leverage, rather than firm or fund size, which, it argues, is a useless tool for identifying systemic risks in inv

First Libor defendant faces trial in London

Tom Hayes, who worked for Citigroup and UBS, will appear in court on Tuesday to face charges of conspiring to rig benchmark interest rates

Basel group faces challenge of ensuring banking rules compliance

After seven years of frenetic rulemaking in the wake of the global financial crisis the Basel Committee on Banking Supervision faces a new challenge

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