Managers of Wealth - Europe http://europe.managersofwealth.com/ Mon, 03 Oct 2022 17:54:04 BST part of MediaG8way Group http://europe.managersofwealth.com/ http://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Black History Month and the value of Black wealth News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104225/black-history-month-and-the-value-of-black-wealth The challenges Black and ethnic minority individuals face in today’s society, are different to the historical challenges in which they are rooted. Wealth and Asset Management The importance of wealth guidance in Black Communities News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104226/the-importance-of-wealth-guidance-in-black-communities Wealth is a complicated, multi-faceted concept which can be as elusive as the pot of gold at the end of the rainbow. Wealth and Asset Management Credit Suisse's Ulrich Koerner Wants Bank to Rise Like a Phoenix News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104231/credit-suisseamp039s-ulrich-koerner-wants-bank-to-rise-like-a-phoenix The media relations office simply batted back questions about the future of the investment bank and the group by saying it did not comment on rumors or speculation. Wealth and Asset Management Credit Suisse reassures investors over bank’s financial strength News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104232/credit-suisse-reassures-investors-over-bankamprsquos-financial-strength Executives contacted clients after credit default swaps suggested growing worries over group’s health Wealth and Asset Management Credit Suisse on the Phone With Investors News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104240/credit-suisse-on-the-phone-with-investors The move came after the bank sent a memo to employees telling them not to confuse the bank’s «day-to-day stock price performance» with its strong capital base and liquidity position. Wealth and Asset Management Bancassurance offers directly in e-banking: Zurich and UBS are strengthening their cooperation News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104241/bancassurance-offers-directly-in-e-banking-zurich-and-ubs-are-strengthening-their-cooperation SMEs in Switzerland can now obtain insurance solutions from Zurich directly and easily in e-banking from UBS. With this offer, UBS and Zurich are further expanding their cooperation in the area of ​​bancassurance. Wealth and Asset Management Waverton: Update on markets News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104192/waverton-update-on-markets This happens when a scheme uses interest rate swaps or other derivatives to hedge its future liabilities. Wealth and Asset Management Capital Raise Looks More Likely at Credit Suisse News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104193/capital-raise-looks-more-likely-at-credit-suisse The 4 billion Swiss franc capital raise could be the result of a strategic overhaul that plans high restructuring charges and exit costs of non-core positions. Wealth and Asset Management Arbuthnot enters MPS battleground News Aggregation Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104195/arbuthnot-enters-mps-battleground The private bank is offering its MPS to UK advisers on the Quilter, Fidelity, Aviva and Transact platforms. Wealth and Asset Management Suntera Global Director Shortlisted for IOD Jersey Awards News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104204/suntera-global-director-shortlisted-for-iod-jersey-awards The Jersey Director of the Year Awards are designed to recognise directors who are helping to lead their teams through the current difficult economic climate, and to also celebrate equality, diversity and inclusion, sustainability, and young directors. Wealth and Asset Management Schroders appoints Head of Public Policy, UK News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104230/schroders-appoints-head-of-public-policy-uk He has worked at senior levels within the regulator, including a period managing the FCA’s CEO office and, most recently, serving as Interim Director of International. Executive Moves Crestbridge welcomes new Head of Southampton News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104235/crestbridge-welcomes-new-head-of-southampton Prior to that he worked at an audit, tax and consultancy firm managing teams providing audit services across a broad range of industries in the UK. Executive Moves Deloitte Switzerland Expands Management Team News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104237/deloitte-switzerland-expands-management-team Deloitte Switzerland is appointing Liza Engel to chief sustainability officer and Yousif Al-Adhami to technology advisory leader and adding both to its management board, effective immediately Executive Moves Jasmine Yeo named co-manager on Ruffer Investment Company News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104242/jasmine-yeo-named-co-manager-on-ruffer-investment-company Jasmine Yeo has been appointed co-manager on the Ruffer Investment Company following Hamish Baillie's departure from the business earlier this year. Executive Moves Mirabaud Strengthens its Position as partner of choice for External Asset Managers by appointing a new head News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104243/mirabaud-strengthens-its-position-as-partner-of-choice-for-external-asset-managers-by-appointing-a-new-head This development will also be supported by the new digital ecosystem introduced by Mirabaud private bank. Executive Moves Mirova appoints new Deputy CEO News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104246/mirova-appoints-new-deputy-ceo As Mirova’s Deputy CEO, Guillaume will oversee the global functions of development, sustainability research, finance, risk, legal and compliance and operations of 60 employees. Executive Moves Credit Suisse exec exits with private bankers in tow News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104247/credit-suisse-exec-exits-with-private-bankers-in-tow Wenceslao Browne, head of the Southern Cone region in Latin America, departed the firm this week along with a handful of private bankers. Executive Moves JM Finn hires Hawksmoor's Deverell for new COO post News Aggregation Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104196/jm-finn-hires-hawksmooramp039s-deverell-for-new-coo-post He will be responsible for developing various strategic initiatives across the business Executive Moves Sionic Announces Global Promotions News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104197/sionic-announces-global-promotions Our latest promotions recognise the achievements of colleagues across all our specialisms Executive Moves JLL Hires Senior Real Estate Investment Banking Duo to Bolster Capital Markets Business Globally News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104202/jll-hires-senior-real-estate-investment-banking-duo-to-bolster-capital-markets-business-globally Wenceslao Bunge and Jaime Riera join JLL to strengthen Capital Markets offering Executive Moves Mediation in England and Wales News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104233/mediation-in-england-and-wales Resolution of a dispute by agreement can save legal costs, and settlement also allows the parties to focus again on their business. Legal, Regulation & Compliance French courts can still apply ‘Macron scale’ despite EU committee decision News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104234/french-courts-can-still-apply-amplsquomacron-scaleamprsquo-despite-eu-committee-decision Under the new rules, employees dismissed unfairly could expect to receive between one- and 20-months’ gross salary, depending on the length of their service. Legal, Regulation & Compliance Royal London CEO warns of further gilt pain News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104248/royal-london-ceo-warns-of-further-gilt-pain More BoE intervention will be required if tax-cutting plans remain unfunded after 14 October says Barry O’Dwyer. Legal, Regulation & Compliance Bank of England monitoring Credit Suisse as market concern rises - reports News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104252/bank-of-england-monitoring-credit-suisse-as-market-concern-rises-reports Speculation driven by statement Legal, Regulation & Compliance Legal 500 UK 2023 recommends Withers as leading firm in 24 areas of law News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104199/legal-500-uk-2023-recommends-withers-as-leading-firm-in-24-areas-of-law The strength and depth of the Withers team is particularly impressive. Legal, Regulation & Compliance Off payroll working rules to be repealed in the UK News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104200/off-payroll-working-rules-to-be-repealed-in-the-uk Prior to the introduction of the off payroll working rules, the IR35 regime applied universally. Legal, Regulation & Compliance New right to work check arrangements in the UK News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104201/new-right-to-work-check-arrangements-in-the-uk After 30 September, it will no longer be possible to complete right to work checks remotely by using a video call to verify documents. Legal, Regulation & Compliance Addleshaw Goddard: Financial Services & Banking News News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104203/addleshaw-goddard-financial-services-ampamp-banking-news The FOS emphasises that although the UCIS themselves are unregulated, advising on or arranging an investment of this kind may itself be a regulated activity. Legal, Regulation & Compliance Farrer & Co recognised with top rankings in The Legal 500 UK 2023 News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104217/farrer-ampamp-co-recognised-with-top-rankings-in-the-legal-500-uk-2023 Many of the firm’s lawyers have been benchmarked against others in the UK and London, continuing to be recognised as experts within their fields. Legal, Regulation & Compliance Message received and understood − speech by Dave Ramsden News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104218/message-received-and-understood-ampminus-speech-by-dave-ramsden Given remotely at a conference by the Lietuvos bankas and the Bank for International Settlements (BIS) on the “Future of Central Banking” Legal, Regulation & Compliance SCA has led to fall in online card fraud - Barclaycard News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104236/sca-has-led-to-fall-in-online-card-fraud-barclaycard With four in five Brits happy to go through two factor authentication, there has been a drop in 'basket abandonment' from 32.4% to 28.9%, since SCA was introduced. FinTech Barclays awards Lloyds Bank first place in CBDC Hackathon News Aggregation Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104219/barclays-awards-lloyds-bank-first-place-in-cbdc-hackathon The Hackathon required participants to connect to Barclays’ simulation of a central bank, Payment Interface Providers (PIPs), commercial banks, and other ecosystem services. FinTech Societe Generale to acquire payments fintech PayXpert News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104221/societe-generale-to-acquire-payments-fintech-payxpert With this acquisition, Societe Generale would broaden its offering for retail and online merchants and pursue its ambition to be a leading player in payment acceptance in Europe FinTech FintechOS powers Admiral’s digital pet insurance product News Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104167/fintechos-powers-admiralamprsquos-digital-pet-insurance-product FintechOS platform simplifies third-party integrations and enables data-driven personalization FinTech UBS is expanding its digital product range with the UBS key4 pension 3a retirement offering News Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104175/ubs-is-expanding-its-digital-product-range-with-the-ubs-key4-pension-3a-retirement-offering Clients are now able to plan their retirement in a fully digital way – in a matter of minutes, anytime of the day on the smartphone. FinTech BlackRock launches blockchain technology ETF News Aggregation Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104183/blackrock-launches-blockchain-technology-etf TER of 0.5% FinTech Deutsche Bank invests in Synthesized's technology innovation News Aggregation Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104187/deutsche-bank-invests-in-synthesizedamp039s-technology-innovation The investment in Synthesized further accelerates Deutsche Bank’s application migration, data analysis, experimentation, and testing in the cloud – enabling the bank to increase its data productivity and innovation velocity. FinTech Banque de France tests 'post quantum' security tech News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104133/banque-de-france-tests-amp039post-quantumamp039-security-tech The bank implemented, in a completely operational chain, a library of "quantum robust" algorithms for totally secured data exchanges. FinTech Morningstar adds XDI climate data to Sustainalytics platform News Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104134/morningstar-adds-xdi-climate-data-to-sustainalytics-platform This company-level analysis is underpinned by a database of over 12 million assets and facilities enabling third party analysis for investors' company assets anywhere in the world. FinTech Uncertain future for early-stage Irish technology companies News Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104139/uncertain-future-for-early-stage-irish-technology-companies In an increasingly uncertain geopolitical climate, there is a growing sense that the sources of foreign investment into Irish early-stage companies are drying up. FinTech Impact of economic climate hits equity release market News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104249/impact-of-economic-climate-hits-equity-release-market The report did note however, that the range remains eight times larger than it was five years ago. Alternative Investments IQ-EQ welcomes IFFAC as newest Launchpad client News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104198/iq-eq-welcomes-iffac-as-newest-launchpad-client IFFAC’s mission is to empower the creative sector of Africa through structuring, facilitating and enabling entities in the creative sector to access capital, resources and international marketing avenues with profitability and integrity. Alternative Investments FCA commits to reducing regulatory burden facing UK businesses News Aggregation Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104158/fca-commits-to-reducing-regulatory-burden-facing-uk-businesses The FCA says it aims to support 300 newly authorised businesses by next spring. Alternative Investments Crispin Odey and other hedge fund managers profit from sterling tumble News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104126/crispin-odey-and-other-hedge-fund-managers-profit-from-sterling-tumble Computer-driven traders have also gained from strong selling in UK currency Alternative Investments FTSE falls as gilt yields jump again but pound stabilises News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104125/ftse-falls-as-gilt-yields-jump-again-but-pound-stabilises The bonds market continues to recoil at the government’s plan to borrow an additional £72bn in the next year with four-year gilt yields hitting 4.8%. Alternative Investments BNY Mellon to Provide Fully Integrated Operating Platform for Aviva Investors News Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104136/bny-mellon-to-provide-fully-integrated-operating-platform-for-aviva-investors This provides Aviva Investors with an improved ability to focus on core investment and client-related activities. Alternative Investments Lindsell and Train share £39m dividends as headwinds grow News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104142/lindsell-and-train-share-amppound39m-dividends-as-headwinds-grow Nick Train and Michael Lindsell have shared a £38.6m dividend payment after the Lindsell Train fund business they co-founded Alternative Investments Hedge funds made huge gains before the pound crash News Aggregation Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104116/hedge-funds-made-huge-gains-before-the-pound-crash One of the hedge funds mentioned was Crispin Odey’s London-based Odey Asset Management, whose main fund is reportedly up by 145% this year from shorting U.K. government bonds Alternative Investments Rees-Mogg’s Somerset Capital prepares for second act News Aggregation Team Monday, September 26, 2022 1:00 am http://europe.managersofwealth.com/article/104062/rees-moggamprsquos-somerset-capital-prepares-for-second-act Emerging markets fund manager considers sale as chief executive leaves and challenges mount Alternative Investments DFM Sparrows Capital signs agreement with the P1 Platform News Aggregation Team Monday, September 26, 2022 1:00 am http://europe.managersofwealth.com/article/104079/dfm-sparrows-capital-signs-agreement-with-the-p1-platform The firm writes that a white-labelled version of the platform will also be made available for selected advice firms and other clients. Alternative Investments JPMorgan doubles down on UK retail bank Chase News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104127/jpmorgan-doubles-down-on-uk-retail-bank-chase It’s a template the bank wants to replicate in other international markets – despite an intensifying cost of living crisis that has soured the outlook for retail banks globally. Investment Banking Equity derivatives house of the year: Societe Generale Corporate and Investment Banking Asia News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104135/equity-derivatives-house-of-the-year-societe-generale-corporate-and-investment-banking-asia Risk Awards 2022 Investment Banking Credit Suisse considers splitting investment bank in three News Aggregation Team Thursday, September 22, 2022 1:00 am http://europe.managersofwealth.com/article/103996/credit-suisse-considers-splitting-investment-bank-in-three Swiss lender hopes to sell profitable units to stave off a damaging capital raise Investment Banking Goldman Sachs Expands Transaction Banking to the European Union News Team Tuesday, September 20, 2022 1:00 am http://europe.managersofwealth.com/article/103945/goldman-sachs-expands-transaction-banking-to-the-european-union Starting with a new location in Frankfurt, and with plans to expand to Amsterdam Investment Banking Saxo Bank agree to explore a combination and listing of Saxo Bank on Euronext Amsterdam News Team Friday, September 16, 2022 1:00 am http://europe.managersofwealth.com/article/103879/saxo-bank-agree-to-explore-a-combination-and-listing-of-saxo-bank-on-euronext-amsterdam The proposed Business Combination would comprise a secondary sale of existing Saxo Bank shares to DCAC for distribution to DCAC's shareholders; and the subsequent delisting and liquidation of DCAC, with Saxo being the ongoing Euronext listed entity. Investment Banking Saxo Bank and DCAC to explore a combination and listing of Saxo Bank on Euronext Amsterdam News Aggregation Team Friday, September 16, 2022 1:00 am http://europe.managersofwealth.com/article/103901/saxo-bank-and-dcac-to-explore-a-combination-and-listing-of-saxo-bank-on-euronext-amsterdam The purpose of the potential listing of the Bank is to diversify its shareholder base, raise its profile and so further accelerate its growth strategy. Investment Banking Citi offers junior bankers sun with Malaga office News Aggregation Team Thursday, September 15, 2022 1:00 am http://europe.managersofwealth.com/article/103844/citi-offers-junior-bankers-sun-with-malaga-office In addition to sun, staff are promised a reprieve from the industry's traditionally gruelling hours. Investment Banking City investment bank Numis eyes fresh European push from post-Brexit Dublin office News Aggregation Team Thursday, September 15, 2022 1:00 am http://europe.managersofwealth.com/article/103845/city-investment-bank-numis-eyes-fresh-european-push-from-post-brexit-dublin-office 'After Brexit, we found ourselves in a position where we could not talk as easily to European clients, and now we can' Investment Banking Excellence in Institutional Fund Management Awards: The nominees News Aggregation Team Thursday, September 15, 2022 1:00 am http://europe.managersofwealth.com/article/103846/excellence-in-institutional-fund-management-awards-the-nominees The winners will be announced on 8 November Investment Banking Citigroup to hire another 400 at Belfast base - report News Aggregation Team Monday, September 12, 2022 1:00 am http://europe.managersofwealth.com/article/103741/citigroup-to-hire-another-400-at-belfast-base-report The move sees the US bank continue to grow its presence in Northern Ireland having first set up a base here 2004 Investment Banking Ethnic Minority Businesses could add £75 billion to the UK Economy News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104224/ethnic-minority-businesses-could-add-amppound75-billion-to-the-uk-economy To mark Black History Month, Diversity Equity & Inclusion Consultant, Sharniya Ferdinand, describes how the report she helped create, Time to Change, is championing wealth creation in minority communities. Comment, Analysis & Research Forward: guiding our clients through the storm News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104245/forward-guiding-our-clients-through-the-storm For investors there is no immediate end in sight to this uncertainty. Comment, Analysis & Research Cost of living bites as people start ‘raiding’ their pensions News Aggregation Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104188/cost-of-living-bites-as-people-start-amplsquoraidingamprsquo-their-pensions There will also inevitably be lots of parents or grandparents who are taking some income from their pensions to help younger generations get by,” he added. Comment, Analysis & Research The key to unlocking your ‘golden source’ reporting data News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104190/the-key-to-unlocking-your-amplsquogolden-sourceamprsquo-reporting-data Through careful automation these firms can save a lot of time each reporting cycle and thus be in a better position to report more frequently. Comment, Analysis & Research Rates, recession, risk: building portfolio resilience News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104191/rates-recession-risk-building-portfolio-resilience The Fed’s inflation fight comes at a cost. Comment, Analysis & Research Ten private equity terms you need to know News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104194/ten-private-equity-terms-you-need-to-know We unpack ten private market terms that are fundamental to understanding the asset class. Comment, Analysis & Research Are ‘luxury collectibles’ the next big thing in alternative assets? News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104205/are-amplsquoluxury-collectiblesamprsquo-the-next-big-thing-in-alternative-assets The latest asset class to experience a seismic shift in its popularity is the collectible asset, with investors attracted by some of the staggering returns achieved in recent years. Comment, Analysis & Research FNZ invests in The Hokus Platform to strengthen life insurance offering and accelerate expansion across France and Luxembourg News Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104209/fnz-invests-in-the-hokus-platform-to-strengthen-life-insurance-offering-and-accelerate-expansion-across-france-and-luxembourg The Hokus Platform which will be fully integrated into the FNZ platform, offers a range of digital solutions that allows wealth managers, private banks, and family offices to manage the contracts of life insurance providers from a single digital platform. Comment, Analysis & Research Ex-Credit Suisse Chairman Urs Rohner: Guilt Without Atonement News Aggregation Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104216/ex-credit-suisse-chairman-urs-rohner-guilt-without-atonement Rohner spent five years on Credit Suisse's Group Executive Board and twelve years on the board of Switzerland's second-largest bank, during which time it slid deeper and deeper into crisis. Comment, Analysis & Research Doubts About a Credit Suisse Brain Drain News Aggregation Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104157/doubts-about-a-credit-suisse-brain-drain The news that two senior bankers departed Credit Suisse was making the rounds in the media yesterday and today and was taken as yet another sign of further trouble at the beleaguered bank. Comment, Analysis & Research VAT and the Travel Industry – UK and wider developments News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104227/vat-and-the-travel-industry-ampndash-uk-and-wider-developments With travel picking up again following the pandemic, now is a good time to think about how the VAT world has changed, what this means for your business and the further changes that may be coming down the line. Tax Changes to the definition of bank: the evolution of taxation in the financial sector News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104244/changes-to-the-definition-of-bank-the-evolution-of-taxation-in-the-financial-sector Although presented as a routine update, the changes widen the range of financial services companies that will need to consider the tax definition of a bank. Tax Chancellor scraps 45p income tax change in ‘embarrassing’ U-turn News Aggregation Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104250/chancellor-scraps-45p-income-tax-change-in-amplsquoembarrassingamprsquo-u-turn The plans to get rid of the tax were announced in the “mini” Budget last month. Tax Deloitte Switzerland reports eight per cent growth and further increases its sustainability and technology focus News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104251/deloitte-switzerland-reports-eight-per-cent-growth-and-further-increases-its-sustainability-and-technology-focus With the appointment of heads of sustainability and technology to the Swiss Executive Group, a wider talent base and a strong first quarter, Deloitte Switzerland is well equipped to achieve double-digit growth in the current financial year. Tax Budget 2023 – Ireland | Tax Highlights from Walkers News Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104170/budget-2023-ampndash-ireland-tax-highlights-from-walkers Set against this backdrop, Ireland's Budget 2023 was presented as a "Cost of Living Budget" to support individuals, families and businesses to deal with rising prices. Tax Mini-budget: Tax cuts and sterling News Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104131/mini-budget-tax-cuts-and-sterling With new Chancellor Kwasi Kwarteng cutting taxes left, right and centre, here’s what it could mean for investors. Tax Saltus: Nearly 80% of HNWIs weren’t asking for tax cuts News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104153/saltus-nearly-80-of-hnwis-werenamprsquot-asking-for-tax-cuts Prior to Friday's Budget, nearly 80% of wealthy individuals said in a survey that they were paying the right amount or not enough tax. Tax Implications for peoples’ personal finances from Friday’s mini-Budget – Standard Life News Aggregation Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104089/implications-for-peoplesamprsquo-personal-finances-from-fridayamprsquos-mini-budget-ampndash-standard-life Recent research we conducted suggested 49% had expected to be able to save less over the next few months and the price cap will hopefully help more people to balance the books. Tax Businesses with tax haven links ‘won one in six’ public procurement contracts News Aggregation Team Monday, September 26, 2022 1:00 am http://europe.managersofwealth.com/article/104063/businesses-with-tax-haven-links-amplsquowon-one-in-sixamprsquo-public-procurement-contracts Labour says ‘Tory procurement racket’ results in ‘billions of taxpayers’ money handed to offshore cronies’ Tax Truss vows ‘decade of dynamism’ in hint at more tax cuts News Aggregation Team Monday, September 26, 2022 1:00 am http://europe.managersofwealth.com/article/104064/truss-vows-amplsquodecade-of-dynamismamprsquo-in-hint-at-more-tax-cuts The Prime Minister and Chancellor Kwasi Kwarteng defended their controversial raft of tax cuts amid accusations they mainly benefit the rich. Tax Chase hits 1 million UK customers, reveals Nutmeg investments and credit cards are coming News Aggregation Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104165/chase-hits-1-million-uk-customers-reveals-nutmeg-investments-and-credit-cards-are-coming Nutmeg will form part of an “extended investments offer” for Chase customers. Retail Banking Neuberger Berman launches European private loan fund News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104130/neuberger-berman-launches-european-private-loan-fund The regional banks will originate loans and co-invest as lender and servicer while Neuberger Berman will play an active role in arranging transactions. Retail Banking Barclays cuts business banking hours to adviser’s dismay News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104147/barclays-cuts-business-banking-hours-to-adviseramprsquos-dismay “It’s already hard enough trying to get through to Barclays on the phone and surely this will only be exacerbated in the future.” Retail Banking InvestEU in France: Loxam receives €130 million loan from the European Investment Bank to support its energy transition News Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104099/investeu-in-france-loxam-receives-ampeuro130-million-loan-from-the-european-investment-bank-to-support-its-energy-transition The loan is designed to support the implementation of its energy transition and corporate social responsibility commitments. Retail Banking Bank will 'not hesitate' to raise interest rates after pound's fall News Aggregation Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104100/bank-will-amp039not-hesitateamp039-to-raise-interest-rates-after-poundamp039s-fall Earlier on Monday, some UK lenders said that they were halting new mortgage deals. Retail Banking British Business Bank expands start up loans programme in Wales News Aggregation Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104103/british-business-bank-expands-start-up-loans-programme-in-wales First and second loans will be available to businesses that have been trading up to three or up to five years Retail Banking Bank of Ireland returns to full private ownership News Team Friday, September 23, 2022 1:00 am http://europe.managersofwealth.com/article/104053/bank-of-ireland-returns-to-full-private-ownership The Government said on Friday it had recovered almost €6.7 billion in cash from its €4.7 billion investment in and support for the bank between 2009 and 2011. Retail Banking Citigroup plans to wind down UK retail bank as part of strategic refresh News Aggregation Team Thursday, September 22, 2022 1:00 am http://europe.managersofwealth.com/article/104002/citigroup-plans-to-wind-down-uk-retail-bank-as-part-of-strategic-refresh Retail banking typically has a lot worse margin profile than wealth management. Retail Banking Aena signs a €650 million sustainable syndicated loan facility led by CaixaBank News Team Tuesday, September 13, 2022 1:00 am http://europe.managersofwealth.com/article/103789/aena-signs-a-ampeuro650-million-sustainable-syndicated-loan-facility-led-by-caixabank This is the second sustainable syndicated loan entered into by Aena and one of the most significant in Spain this year. Retail Banking HSBC names new team of dealmakers for private markets drive News Aggregation Team Tuesday, September 06, 2022 1:00 am http://europe.managersofwealth.com/article/103615/hsbc-names-new-team-of-dealmakers-for-private-markets-drive A slump in equity capital markets deals in 2022 has made private markets teams more integral to banks Retail Banking Pensions allowance tax charges hit record high News Aggregation Team Thursday, March 24, 2022 12:00 am http://europe.managersofwealth.com/article/99923/pensions-allowance-tax-charges-hit-record-high The total value of LTA charges reported by schemes stood at £342mn in 2019-20. This is a 21 per cent increase from £283mn in the previous period. Pensions MPs to quiz FCA chief over BSPS scandal News Aggregation Team Monday, March 21, 2022 12:00 am http://europe.managersofwealth.com/article/99799/mps-to-quiz-fca-chief-over-bsps-scandal While the total loss of each steelworker is not recorded, for claims made to the FSCS the average individual loss is £82,600. Pensions Pensions industry fires back at Opperman criticism News Team Wednesday, March 16, 2022 12:00 am http://europe.managersofwealth.com/article/99678/pensions-industry-fires-back-at-opperman-criticism Opperman’s remarks went down badly with a number of the industry’s leading voices. Pensions XPS partners with Abrdn to launch DB pensions master trust News Aggregation Team Tuesday, March 08, 2022 12:00 am http://europe.managersofwealth.com/article/99435/xps-partners-with-abrdn-to-launch-db-pensions-master-trust “This new solution should really help bring governance and efficiency improvements to the benefit of thousands of pension scheme members." Pensions Pension providers call for personalised advice rules News Aggregation Team Monday, March 07, 2022 12:00 am http://europe.managersofwealth.com/article/99382/pension-providers-call-for-personalised-advice-rules “UK’s advice rules (from MiFID) prevent firms providing personalised support to customers given the liability risk," it said in its submission. Pensions Government authorises use of dormant pension assets to "change people's lives for the better" News Team Thursday, March 03, 2022 12:00 am http://europe.managersofwealth.com/article/99279/government-authorises-use-of-dormant-pension-assets-to-ampquotchange-peopleamp039s-lives-for-the-betterampquot The UK Government has now announced an expansion of the scheme, which will be expanded to cover pensions, insurance, investment and wealth management accounts. Pensions €43bn pension fund cuts external fund exposure by half in two years News Aggregation Team Friday, February 25, 2022 12:00 am http://europe.managersofwealth.com/article/99130/ampeuro43bn-pension-fund-cuts-external-fund-exposure-by-half-in-two-years Assets under external management hit lowest levels for nearly a decade, as Swedish group focuses on interal efforts. Pensions Pensions platform Guiide considers institutional funding News Aggregation Team Thursday, February 24, 2022 12:00 am http://europe.managersofwealth.com/article/99063/pensions-platform-guiide-considers-institutional-funding Primarily the new funding will be used to develop Guiide+, an extension to its free online pension modelling tools. Pensions Northern Trust Supports AMF News Team Monday, February 21, 2022 12:00 am http://europe.managersofwealth.com/article/98943/northern-trust-supports-amf The implementation of the directive demanded important changes and enhancements to pension fund providers’ business models spanning risk management, governance and member communications. Pensions Ban unregulated Sipp investments, say advisers News Aggregation Team Wednesday, February 16, 2022 12:00 am http://europe.managersofwealth.com/article/98824/ban-unregulated-sipp-investments-say-advisers ‘It’s important that a few bad apples don’t spoil the bunch’ Pensions UBP supports Building Bridges 2022 News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104228/ubp-supports-building-bridges-2022 With 79% of emissions related to the construction and operation of infrastructure in areas such as power generation, buildings and transportation, investing in sustainable infrastructure assets is key in order to support decarbonisation. Planet SOS Planned issue for the Credit Suisse Real Estate Fund Green Property postponed News Team Monday, October 03, 2022 1:00 am http://europe.managersofwealth.com/article/104238/planned-issue-for-the-credit-suisse-real-estate-fund-green-property-postponed The reasons for this are the high volatility in the market for real estate funds and the market environment, which has deteriorated significantly in recent weeks. Planet SOS Greenwash checker tool launched News Aggregation Team Friday, September 30, 2022 1:00 am http://europe.managersofwealth.com/article/104223/greenwash-checker-tool-launched Providing factual data and full transparency has been Impact Cubed’s hallmark since its start Planet SOS “We need to take action every single day“ News Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104164/ampldquowe-need-to-take-action-every-single-dayampldquo Ocean advocates Lewis Pugh, OIG and Sir Ben Ainslie, CBE sound the alarm and urge accelerated ocean protection at the Deutsche Bank x ORRAA Ocean Conference 2022 Planet SOS BNP Paribas AM launches biodiversity ETF News Aggregation Team Thursday, September 29, 2022 1:00 am http://europe.managersofwealth.com/article/104181/bnp-paribas-am-launches-biodiversity-etf It will replicates a Euronext index of about 60 stocks Planet SOS EdenTree launches uniquely focused Green News Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104140/edentree-launches-uniquely-focused-green The Fund will also hold companies aimed at providing solutions to wider societal challenges. Planet SOS Fidelity launches biodiversity fund News Aggregation Team Wednesday, September 28, 2022 1:00 am http://europe.managersofwealth.com/article/104145/fidelity-launches-biodiversity-fund Biodiversity investment solutions are emerging as the largest investment megatrend in our generation and provides opportunities for investors, she added. Planet SOS Retail investor capital presents USD8.2 trillion growth opportunity for sustainable investing News Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104094/retail-investor-capital-presents-usd82-trillion-growth-opportunity-for-sustainable-investing The new research by Standard Chartered identifies the potential for retail capital mobilisation across 10 growth markets, highlights barriers faced by currently faced by investors, and provides solutions to expand sustainable investing into a mainstream Planet SOS Change-makers meet to build ocean investment community News Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104097/change-makers-meet-to-build-ocean-investment-community Deutsche Bank & ORRAA co-host leading investors, entrepreneurs and philanthropists in Mallorca Planet SOS "Finance can accelerate the transition to a sustainable economy” – an interview with Patrick Odier, our Senior Managing Partner News Team Tuesday, September 27, 2022 1:00 am http://europe.managersofwealth.com/article/104107/ampquotfinance-can-accelerate-the-transition-to-a-sustainable-economyamprdquo-ampndash-an-interview-with-patrick-odier-our-senior-managing-partner Clearly the necessary debate is above all focussed on the current situation, which is largely static. Planet SOS UK business growth at highest since June as Covid restrictions ease News Aggregation Team Monday, February 21, 2022 12:00 am http://europe.managersofwealth.com/article/98948/uk-business-growth-at-highest-since-june-as-covid-restrictions-ease Private sector boosted by spending on travel, leisure and entertainment but staff and energy costs rise Covid-19 UK banks order staff to return to the office News Aggregation Team Friday, January 21, 2022 12:00 am http://europe.managersofwealth.com/article/98131/uk-banks-order-staff-to-return-to-the-office Unions and industry leaders have appealed for better testing for workers Covid-19 UK air travel sees huge slump in 2021 due to Covid News Aggregation Team Wednesday, December 29, 2021 12:00 am http://europe.managersofwealth.com/article/97530/uk-air-travel-sees-huge-slump-in-2021-due-to-covid UK domestic flights also fell by nearly 60%, said aviation analytics firm Cirium. Covid-19 The Cayman Islands, Spain, Portugal And Buenos Aires Are Welcoming Remote Digital Nomad Workers To Relocate News Aggregation Team Wednesday, December 29, 2021 12:00 am http://europe.managersofwealth.com/article/97535/the-cayman-islands-spain-portugal-and-buenos-aires-are-welcoming-remote-digital-nomad-workers-to-relocate Countries around the world that have been economically impacted by the virus outbreaks have opened their doors to digital nomads. Covid-19 Allica Bank joins government-backed Recovery Loan Scheme News Aggregation Team Thursday, December 23, 2021 12:00 am http://europe.managersofwealth.com/article/97440/allica-bank-joins-government-backed-recovery-loan-scheme The Recovery Loan Scheme is one of a number of government-supported measures aimed at helping businesses impacted by Covid and, under it, Allica Bank will offer asset finance, followed by commercial property finance next year. Covid-19 Fear of Omicron shutdown hits markets News Aggregation Team Tuesday, December 21, 2021 12:00 am http://europe.managersofwealth.com/article/97363/fear-of-omicron-shutdown-hits-markets Sell-off gives investors ‘harsh reality check’ Covid-19 UBS tells European dealmakers not to travel as Omicron worries mount News Aggregation Team Friday, December 03, 2021 12:00 am http://europe.managersofwealth.com/article/96925/ubs-tells-european-dealmakers-not-to-travel-as-omicron-worries-mount The Swiss bank has told staff in its global banking division in Europe not to travel for business purposes as a precautionary measure, according to people familiar with the matter. Covid-19 New Covid variant roils global markets News Aggregation Team Friday, November 26, 2021 12:00 am http://europe.managersofwealth.com/article/96702/new-covid-variant-roils-global-markets Many of these mutations are linked to increased antibody resistance Covid-19 Data show how the COVID-19 pandemic has hit all aspects of people’s well-being News Team Thursday, November 25, 2021 12:00 am http://europe.managersofwealth.com/article/96653/data-show-how-the-covid-19-pandemic-has-hit-all-aspects-of-peopleamprsquos-well-being The report says experiences of the pandemic have varied widely depending on age, gender and ethnicity, as well as on the type of job people do and on their level of pay and skills. Covid-19 G7 trade leaders gather in London amid global supply chain chaos News Aggregation Team Friday, October 22, 2021 1:00 am http://europe.managersofwealth.com/article/95695/g7-trade-leaders-gather-in-london-amid-global-supply-chain-chaos The meeting in London comes as the disruption from shipping to haulage threatens the economic recovery from Covid-19 Covid-19