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

British banking body calls for supervision of tech challengers

A report by the BBA and management consultants Accenture said that the digital revolution will be as much of a challenge for regulators as for banks.

UK court asks Pak to pay 150,000 pounds to India as legal fee

In a setback to Pakistan, a UK court has directed it to pay 150,000 pounds to India as legal fees in the 67-year-old Hyderabad Funds case involving the Nizam's money.

Revolving doors: Eversheds, Reed Smith and Gibson Dunn all make key hires

Both LB100 and Global 100 firms made senior appointments last week, bringing in both management and former management to bolster teams.

Former ABN Amro executives claim $18m from RBS

Former ABN Amro Australia chief executive Angus James has won a legal case against the Royal Bank of Scotland for $2.9 million

Midland law firm launches taxation team

Midland law firm has launched its new-look taxation department as part of its private client offering

Blackburn businessman locks horns over £4.6m from failed Dubai deal

A Judge has ruled that three ‘rag trade’ bosses cannot reclaim around £4.6million from a Blackburn chemist-turned-property investor over a failed paradise island deal

KBC discloses new ECB capital and liquidity requirements

KBC has been informed by the European Central Bank of its decision establishing prudential requirements, which sets the following minimum requirements for capital and liquidity for the KBC group and its main banking entities

FCA bans and fines two individuals for pension advice failings

TMI provided advice to customers on transferring their existing pension funds into unregulated investments

Operation Tabernula: The story of the biggest insider trading investigation in UK history

The dawn raids, furtive City pub meetings and evidence of lavish gifts that led to Julian Rifat, Graeme Shelley and Paul Milsom being sentenced for insider trading

BlackRock hit with record German fine

German financial watchdog BaFin on Friday slapped a record fine of €3.25 million ($US3.5 million) on BlackRock Inc for misrepresenting its stakes in almost 50 of the country's largest companies over several years

Banks regulated by Bank of England receive £8m rebate on watchdog fees

Prudential Regulatory Authority levied fines last year and part of rebate to other banks will be paid out of penalties

Credit Suisse Faces Italy Suit, Probe as Litigation Persists

Italian authorities are probing allegations of “unauthorized exercise of financial activity” and related offenses, according to the annual report.

Eversheds appoints leading consumer finance expert

She also has considerable experience in advising clients on the regulatory aspects of transactions

Global law firm appoints first international managing partner

Since 2008-09, the firm’s revenue from international offices has grown 41%. At the same time, non-UK based partner numbers have grown by 195%.

The Budget that wasn't - Withers

The Budget that wasn't Much was expected of George Osborne when he got to his feet today to reveal the details of a hotly anticipated Budget - would it be an election giveaway, a vote winner, a last hurrah or preparation for another five years? Wel

Execution of Guarantees - Fieldfisher

Seeking to enforce and make demand under a personal guarantee can be a minefield and we have previously written on the execution requirements of a guarantee and the importance of the guarantor obtaining independent legal advice: please see our briefing pa

Legal, Regulation & Compliance