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

Santander boss Ana Botin warns over bank rules

The chief executive of Santander UK warns that implementing the Vickers banking reforms could have potential “unintended consequences” for small firms

EU banking regulator warns against dealing with bitcoins sans rules

The EBA noted that "a substantial body of regulation" will be required to address these risks.

Trio of City boutiques team up with Buzzacott to launch professional advisory service

Maurice Turnor Gardner partner Richard Turnor said the alliance members’ practices are complementary as his firm focuses on advising firms on their own M&A.

JPMorgan Said to Have Unwittingly Helped BNP’s Transfers

The Paris-based bank relied on a legal memo that suggested using a U.S. bank might protect it from sanctions penalties, according to the statement of facts filed by prosecutors in New York.

Small funds on FCA umbrella platforms could be hit by AIFMD

This is going to pose a challenge for smaller hedge funds

EU sets date for MiFID II as transparency debate intensifies

Regulator the European Securities and Markets Authority has already tasked TABB Group and two other consultant firms with gather data and views from banks, asset managers, exchanges and other market participants about the impact of MiFID II. One of the co

Debevoise hires Patrick Taylor in London

Debevoise & Plimpton LLP is a leading international law firm, representing a wide range of clients in transactions and disputes around the world. Founded in 1931, the firm has offices in New York, Washington, D.C., London, Paris, Frankfurt, Moscow, Ho

Scandal-ridden bank and Cambridge University set up compliance school

Scandal-ridden bank to provide new training to address bad "track record"

After BNP Paribas, US may hit other banks for sanctions-busting

The blow raised speculation that some of its rivals in Europe would be punished, but less severely.

Bond Dickinson makes up four in all-female promotions round

We are delighted to announce the appointment of four new Partners effective from 1 July.

Trio of City boutiques team up with Buzzacott to launch professional advisory service

Boutique firms CM Murray, Hierons and Maurice Turnor Gardner have joined forces with chartered accountants Buzzacott to go to market as a one-stop-shop for professional practices.

Foley Hoag bolsters Paris with White & Case hire

Addition bolsters firm’s international commercial arbitration practice

Ex-Bank of Moscow Head Charged With Stealing $29 Million

Borodin and his alleged accomplices face up to 10 years in prison if convicted

BlackRock fined for market manipulation over UniCredit stake

The regulator said on its website on Thursday that in December 2011 BlackRock Investment Management had made an untrue report about its stake in UniCredit, ahead of the launch of a rights issue by the Italian lender.

Barclays cuts legal roster by 30% in global panel review as American firms find success

The firms that were not previously on the general advisory panel but have been newly-selected as preferred firms, with which Barclays will 'seek to deepen its relationship and concentrate spend over time', include five US firms: Boies, Schiller

Are Europe's banks being prosecuted - or persecuted?

Even BNP Paribas cannot shrug off a $9bn (£5.1bn) fine.

BNP Paribas ignored red flags and has paid the price

French bank to pay $8.97bn in fines to US regulators and dispose of senior staff over embargo breach

Putin accuses US of 'blackmail' on French bank fine

He noted that: “Europe is our natural and most significant trade and economic partner.”

Withers appoints seven new international partners

Withers has announced the appointment of seven new partners across the firm's international offices and practice areas. The appointees' new roles took effect from 1 July 2014.

Protection of Charities Bill by Chris Priestley, Withers

The Bill will not appear during the current Parliamentary session.

Legal, Regulation & Compliance