Managers of Wealth - Europe http://europe.managersofwealth.com/ Sun, 09 Feb 2025 10:17:57 GMT part of MediaG8way Group http://europe.managersofwealth.com/ http://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Vontobel delivers strong growth in profitability News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121426/vontobel-delivers-strong-growth-in-profitability Net profit was up by 24 percent to CHF 266 million. Return on equity increased to 12.3 percent. Wealth and Asset Management Bank WIR achieves new records in 2024 News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121427/bank-wir-achieves-new-records-in-2024 A dividend increase will be proposed to the General Meeting. Wealth and Asset Management Rothschild & Co’s Swiss Wealth Management business wins ‘Best Bank for International High Net Worth Clients’ at WealthBriefing Awards 2025 News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121428/rothschild-ampamp-coamprsquos-swiss-wealth-management-business-wins-amplsquobest-bank-for-international-high-net-worth-clientsamprsquo-at-wealthbriefing-awards-2025 As an independent financial services group, Rothschild & Co offers its clients a long-term investment perspective free from conflicts of interest. Wealth and Asset Management Apollo eyes wealth expansion in France News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121436/apollo-eyes-wealth-expansion-in-france The alternative asset manager is also looking to have greater on-the-ground presence in the country. Wealth and Asset Management St. James's Place Announces its 7th Annual Chartered Award Winners News Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121389/st-jamesamp039s-place-announces-its-7th-annual-chartered-award-winners In this year’s awards, Amy Gray of Amy Gray Wealth Management was named SJP Chartered Planner of the Year. Wealth and Asset Management UBS Global Entrepreneur Report 2025 News Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121398/ubs-global-entrepreneur-report-2025 The results were supplemented by short in-depth interviews on topics such as artificial intelligence, private wealth management and hiring plans. Wealth and Asset Management SJP and Dynamic Planner to provide client-risk profiling at scale News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121410/sjp-and-dynamic-planner-to-provide-client-risk-profiling-at-scale This collaboration supports SJP’s commitment to delivering quality one-to-one advice and supporting its advisers with advanced technology to improve the capture and evidencing of the risk preferences of its clients. Wealth and Asset Management Amundi launches Europe ex-UK fund for UK investors News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121411/amundi-launches-europe-ex-uk-fund-for-uk-investors The fund has received initial support of over €900m. Wealth and Asset Management Santander wealth and insurance records double digit profit growth in 2024 News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121412/santander-wealth-and-insurance-records-double-digit-profit-growth-in-2024 The bank showed a profit of €12,574m (up 14%) in 2024, exceeding all targets for the year. Wealth and Asset Management PKB-owned bank is negotiating a merger News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121413/pkb-owned-bank-is-negotiating-a-merger Cassa Lombarda is 99.5% owned by PKB Private Bank, which is headquartered in Lugano. Wealth and Asset Management Heiko Beck to oversee Avaloq’s activities in Luxembourg News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121417/heiko-beck-to-oversee-avaloqamprsquos-activities-in-luxembourg Beck to take up role as firm’s managing director for Europe from March Executive Moves JPMorgan UK private banking boss Oliver Gregson exits News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121418/jpmorgan-uk-private-banking-boss-oliver-gregson-exits Emea private bank CEO Pablo Garnica will take over as UK interim boss until a successor is lined up Executive Moves James Dunne Joins FNZ as Managing Director, Client Management and Business Development News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121425/james-dunne-joins-fnz-as-managing-director-client-management-and-business-development James brings an enterprise-focused approach, and an international track record of driving business growth and delivering digital transformation. Executive Moves Ex-Zugerberg Finanz RM becomes partner at Zwei Wealth News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121433/ex-zugerberg-finanz-rm-becomes-partner-at-zwei-wealth Thomas Aregger is announced as a partner and wealth officer at the firm. Executive Moves Gucci parts ways with Sabato De Sarno amid sales decline News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121434/gucci-parts-ways-with-sabato-de-sarno-amid-sales-decline Third profit warning rocks Kering as flagship brand struggles. Executive Moves Titan Wealth International makes raft of key executive promotions News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121437/titan-wealth-international-makes-raft-of-key-executive-promotions In addition to team director promotion, Andreas Hollas, takes helm as regional director Executive Moves Leonteq appoints Christian Spieler as CEO News Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121397/leonteq-appoints-christian-spieler-as-ceo He started his career working in various derivatives roles at JP Morgan, where he advanced to senior leadership positions with responsibility for the DACH region. Executive Moves Stephan Meier becomes partner at ZWEI Wealth News Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121399/stephan-meier-becomes-partner-at-zwei-wealth He has broad experience on the investment side as well as in product development and sales. Executive Moves EFG Private Bank hires Standard Chartered director as UK wealth planning boss News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121400/efg-private-bank-hires-standard-chartered-director-as-uk-wealth-planning-boss Rajiv Gaglani will head the unit after Ken Chapman left to start his own business after six years. Executive Moves JP Morgan UK private bank head Gregson exits News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121401/jp-morgan-uk-private-bank-head-gregson-exits Oliver Gregson has left after an eight year stint, with a search underway for his replacement. Executive Moves Lords report concludes that naming and shaming is not the way to regulate News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121419/lords-report-concludes-that-naming-and-shaming-is-not-the-way-to-regulate Respondents to the Committee’s Call for Evidence pointed to the lack of evidence provided by the FCA to justify the shift. Legal, Regulation & Compliance ​The EBA issues an Opinion in response to the European Commission’s proposed amendments to the EBA draft technical standards on conflicts of interests for issuers of asset-referenced tokens News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121422/the-eba-issues-an-opinion-in-response-to-the-european-commissionamprsquos-proposed-amendments-to-the-eba-draft-technical-standards-on-conflicts-of-interests-for-issuers-of-asset-referenced-tokens The EBA agrees with the substantive changes proposed by the EC, which favour proportionality, as well as with the other amendments which are considered non-substantives. ​ Legal, Regulation & Compliance Reaction as Bank of England cuts base rate to 4.5% News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121431/reaction-as-bank-of-england-cuts-base-rate-to-45 The uncertainty for the BoE has been exacerbated by potential impacts from last October’s Budget as well as unreliable labour market data from the ONS. Legal, Regulation & Compliance FCA statement on Blackmore Bonds complaints News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121432/fca-statement-on-blackmore-bonds-complaints Investors asked the FCA to pay compensation and start a criminal investigation into Blackmore. Legal, Regulation & Compliance HMRC late payment interest rates to be revised after Bank of England lowers base rate News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121440/hmrc-late-payment-interest-rates-to-be-revised-after-bank-of-england-lowers-base-rate HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 4.5%. Legal, Regulation & Compliance Fos to charge CMCs to refer cases from April News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121442/fos-to-charge-cmcs-to-refer-cases-from-april The changes have been made because the Fos found representatives were responsible for around 47 per cent of cases between April and December 2024. Legal, Regulation & Compliance Unforeseen consequences: How far reaching will US tariffs be? News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121388/unforeseen-consequences-how-far-reaching-will-us-tariffs-be Experts at SJP explore the potential long-term ramifications of the latest in protectionist measures. Legal, Regulation & Compliance The EBA publishes its draft final technical standards on reporting of data on charges for credit transfers and payments accounts, and shares of rejected transactions News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121406/the-eba-publishes-its-draft-final-technical-standards-on-reporting-of-data-on-charges-for-credit-transfers-and-payments-accounts-and-shares-of-rejected-transactions The reported data will help to ensure consumers benefit from access to instant credit transfers, and that the latter are no longer more expensive than regular credit transfers. Legal, Regulation & Compliance IQ-EQ acquires Agama Group, gaining regulatory compliance service offering in continental Europe News Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121366/iq-eq-acquires-agama-group-gaining-regulatory-compliance-service-offering-in-continental-europe Agama Group provides essential regulatory compliance, internal control and operations support to asset managers Legal, Regulation & Compliance Culture is contagious News Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121381/culture-is-contagious Speech by Emily Shepperd, chief operating officer, at the 10th Annual Culture and Conduct in Financial Services Summit. Legal, Regulation & Compliance GrowthInvest partners with intelliflo and Sprint on data integration News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121424/growthinvest-partners-with-intelliflo-and-sprint-on-data-integration This will provide a standardised view across all GrowthInvest alternative and tax-efficient products. FinTech TrekNorth Investment Management and Matterhorn Private Wealth Partner with RFG Advisory to Launch Independent Firms News Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121387/treknorth-investment-management-and-matterhorn-private-wealth-partner-with-rfg-advisory-to-launch-independent-firms Biebel’s strategic partnership with RFG reflects his long-term vision for the firm and clients. FinTech Aviva Investors launches £150 million early-stage startup fund News Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121365/aviva-investors-launches-amppound150-million-early-stage-startup-fund Fund receives initial c £150 million commitment from Aviva, as it looks to open up investment opportunities in cutting-edge tech sectors to more than more than four million Aviva pension customers. FinTech NatWest Group Announces Investment in AI Platform Serene News Aggregation Team Tuesday, February 04, 2025 12:00 am http://europe.managersofwealth.com/article/121337/natwest-group-announces-investment-in-ai-platform-serene Data from the bank has shown that businesses on NatWest’s Accelerator are more likely to generate “higher turnover growth FinTech UK crypto traders banking on Trump for major gains News Aggregation Team Tuesday, February 04, 2025 12:00 am http://europe.managersofwealth.com/article/121341/uk-crypto-traders-banking-on-trump-for-major-gains An additional 37% anticipate returns of 10% or more, while 20% expect up to 10% in gains. FinTech There is a problem with Swiss start-up financing News Aggregation Team Tuesday, February 04, 2025 12:00 am http://europe.managersofwealth.com/article/121349/there-is-a-problem-with-swiss-start-up-financing It has not become any easier for Swiss start-ups to obtain equity in 2024. FinTech Swiss Venture Capital Report News Aggregation Team Tuesday, February 04, 2025 12:00 am http://europe.managersofwealth.com/article/121352/swiss-venture-capital-report The report was again published by the news portal startupticker.ch and the investor association SECA, in cooperation with startup.ch. FinTech The Ecole normale supérieure, AI & Society Institute and Capgemini launch a global Observatory on AI’s environmental impact News Team Tuesday, February 04, 2025 12:00 am http://europe.managersofwealth.com/article/121357/the-ecole-normale-supampeacuterieure-ai-ampamp-society-institute-and-capgemini-launch-a-global-observatory-on-aiamprsquos-environmental-impact The widespread adoption of AI, especially generative AI, has unlocked significant opportunities across various sectors. FinTech Danske Bank to integrate BlackRock’s Aladdin Wealth platform News Aggregation Team Monday, February 03, 2025 12:00 am http://europe.managersofwealth.com/article/121315/danske-bank-to-integrate-blackrockamprsquos-aladdin-wealth-platform Aladdin Wealth is a technology platform that unifies investment management by combining portfolio analysis, risk assessment, and data-driven insights. FinTech Lloyds and Halifax banking apps hit by service outage News Aggregation Team Monday, February 03, 2025 12:00 am http://europe.managersofwealth.com/article/121317/lloyds-and-halifax-banking-apps-hit-by-service-outage Lloyds has not issued statement confirming the cause of the problem, but banks have replied to customers raising concerns on social media. FinTech AXA IM – Green bonds set to break new records in 2025 as net zero demand remains massive News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121421/axa-im-ampndash-green-bonds-set-to-break-new-records-in-2025-as-net-zero-demand-remains-massive The green bond market outperformed the conventional bond market by close to 2% in 2024 and broke new records of issuance, with $447bn in 20241. Alternative Investments House prices rise to record levels in January despite economic headwinds News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121429/house-prices-rise-to-record-levels-in-january-despite-economic-headwinds Lenders had already been trimming rates in anticipation of this move, and with expectations of further cuts later in the year more buyers are likely to join back into the market. Alternative Investments Big banks re-entering advice poses a ‘big risk’ for planning businesses News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121430/big-banks-re-entering-advice-poses-a-amplsquobig-riskamprsquo-for-planning-businesses Barclays and Lloyds have also made moves back into wealth management. Alternative Investments French impact crowdfunding platform launches asset management business News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121435/french-impact-crowdfunding-platform-launches-asset-management-business Lita, the impact crowd funding platform, has launched an asset management company and its first impact fund, raising €25m to date. Alternative Investments UK equity funds hit by outflows as US stocks shine News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121438/uk-equity-funds-hit-by-outflows-as-us-stocks-shine A net £640m was withdrawn from equity funds, marking a shift in sentiment after strong inflows in the final two months of 2024. Alternative Investments Allocations to private markets continue to rise News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121439/allocations-to-private-markets-continue-to-rise Institutional investors expect private markets to outperform public markets over five years Alternative Investments Following the “North star” and prioritising bonds: M & G Investments News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121441/following-the-ampldquonorth-staramprdquo-and-prioritising-bonds-m-ampamp-g-investments Emotional resilience is key Alternative Investments Knighthead Capital Management Enters Exclusive Negotiations for Birmingham Phoenix Investment News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121390/knighthead-capital-management-enters-exclusive-negotiations-for-birmingham-phoenix-investment The latest negotiations reinforce Knighthead's expertise in global sports investments and its deep-rooted commitment to Birmingham. Alternative Investments Evergreen funds: a perspective from an asset manager that – at least so far – doesn’t offer them News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121391/evergreen-funds-a-perspective-from-an-asset-manager-that-ampndash-at-least-so-far-ampndash-doesnamprsquot-offer-them Will Nicoll, Head of Private Assets at London-based asset manager Royal London Asset Management. on the growing demand for evergreen funds Alternative Investments Waystone opens Paris office News Aggregation Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121392/waystone-opens-paris-office French office complements Waystone’s existing European footprint of 11 offices including in Ireland, Luxembourg, the UK and Switzerland. Alternative Investments BNP Paribas announces the implementation of a semi-annual interim dividend payment starting in 2025 News Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121361/bnp-paribas-announces-the-implementation-of-a-semi-annual-interim-dividend-payment-starting-in-2025 The first interim dividend related to the 2025 financial statements would be paid on 30 September 2025 and calculated on the basis of 50% of the net earnings per share of the first half of 2025. Investment Banking CaixaBank reports a net profit of €5.79 billion in 2024, up 20.2%, and far exceeds the targets set in the 2022-2024 Strategic Plan News Team Thursday, January 30, 2025 12:00 am http://europe.managersofwealth.com/article/121252/caixabank-reports-a-net-profit-of-ampeuro579-billion-in-2024-up-202-and-far-exceeds-the-targets-set-in-the-2022-2024-strategic-plan In 2024, CaixaBank successfully completed its 2022-2024 Strategic Plan and achieved the financial and qualitative objectives set for the period. Investment Banking ‘There are a lot of unhappy faces’: Banks’ bumper bonus round divides staff News Aggregation Team Monday, January 27, 2025 12:00 am http://europe.managersofwealth.com/article/121189/amplsquothere-are-a-lot-of-unhappy-facesamprsquo-banksamprsquo-bumper-bonus-round-divides-staff Bankers are feeling short-changed despite a year of stellar profits Investment Banking The Netherlands - Consumer holds the key News Team Friday, January 24, 2025 12:00 am http://europe.managersofwealth.com/article/121148/the-netherlands-consumer-holds-the-key The economy is recovering from a period of lower growth due to inflation, and in recent quarters has outperformed the eurozone aggregate. Investment Banking Monte dei Paschi launches $13.9 billion takeover bid for Mediobanca News Aggregation Team Friday, January 24, 2025 12:00 am http://europe.managersofwealth.com/article/121156/monte-dei-paschi-launches-139-billion-takeover-bid-for-mediobanca This scuppered the Treasury's plan to find a partner for MPS, which has been the country's biggest banking headache for a decade. Investment Banking Commerzbank vs Unicredit: The Tone Is Intensifying News Team Thursday, January 23, 2025 12:00 am http://europe.managersofwealth.com/article/121120/commerzbank-vs-unicredit-the-tone-is-intensifying The CEO of the Italian group expressed surprise at the backlash against the share purchase in Commerzbank and referred to previous contacts with both the bank’s management and representatives of the German government. Investment Banking William Blair Names New Partners for 2025 News Team Tuesday, January 14, 2025 12:00 am http://europe.managersofwealth.com/article/120939/william-blair-names-new-partners-for-2025 This achievement recognizes their exceptional dedication and contributions to the firm while upholding William Blair’s mission, vision, and values to empower colleagues, deliver client success, and engage in our communities. Investment Banking Deutsche Bank included in Dow Jones Sustainability Index World and Dow Jones Sustainability Index Europe News Team Wednesday, January 08, 2025 12:00 am http://europe.managersofwealth.com/article/120845/deutsche-bank-included-in-dow-jones-sustainability-index-world-and-dow-jones-sustainability-index-europe The DJSI Europe captures the top 20 percent of ESG performers of the 600 largest European companies, requiring a minimum score of 64. Investment Banking BBVA successfully issues $1 billion of AT1 debt with the lowest spread recorded by a southern European bank News Team Wednesday, January 08, 2025 12:00 am http://europe.managersofwealth.com/article/120846/bbva-successfully-issues-1-billion-of-at1-debt-with-the-lowest-spread-recorded-by-a-southern-european-bank The operation kicks off the 2025 debt market, making BBVA the first EU bank to issue debt in this format this year. Investment Banking Lloyd’s share price: A comprehensive analysis and investment outlook News Aggregation Team Monday, December 30, 2024 12:00 am http://europe.managersofwealth.com/article/120706/lloydamprsquos-share-price-a-comprehensive-analysis-and-investment-outlook The group’s share price has experienced significant fluctuations in recent years, reflecting broader market trends, changes in economic conditions, and the company’s internal performance. Investment Banking Three essential charts for investors in January News Team Friday, January 31, 2025 12:00 am http://europe.managersofwealth.com/article/121277/three-essential-charts-for-investors-in-january Market trends are rapidly evolving under the influence of a range of factors, both macroeconomic and geopolitical. Comment, Analysis & Research Men have nearly twice as much pension wealth as women News Aggregation Team Thursday, January 30, 2025 12:00 am http://europe.managersofwealth.com/article/121268/men-have-nearly-twice-as-much-pension-wealth-as-women This is nearly twice as much as women whose median private pension savings are £42,500. Comment, Analysis & Research 'This is ridiculous': Anger as NatWest to close 53 banks News Aggregation Team Wednesday, January 29, 2025 12:00 am http://europe.managersofwealth.com/article/121222/amp039this-is-ridiculousamp039-anger-as-natwest-to-close-53-banks "I want to talk to human beings" Comment, Analysis & Research Chasm’ between ‘haves’ and ‘have-nots’ in ONS wealth asset survey News Aggregation Team Monday, January 27, 2025 12:00 am http://europe.managersofwealth.com/article/121165/chasmamprsquo-between-amplsquohavesamprsquo-and-amplsquohave-notsamprsquo-in-ons-wealth-asset-survey The wealthiest 10% of households had household wealth of £1,200,500 or more Comment, Analysis & Research Chancellor set to ‘tweak’ non-dom clampdown amid UK wealth exodus News Aggregation Team Monday, January 27, 2025 12:00 am http://europe.managersofwealth.com/article/121169/chancellor-set-to-amplsquotweakamprsquo-non-dom-clampdown-amid-uk-wealth-exodus Non-dom status is set to be scrapped but the transition period may be extended to bring more wealth to the UK Comment, Analysis & Research Financial worries impact mental wellbeing for ‘more than half’ of UK adults News Aggregation Team Friday, January 24, 2025 12:00 am http://europe.managersofwealth.com/article/121142/financial-worries-impact-mental-wellbeing-for-amplsquomore-than-halfamprsquo-of-uk-adults 55% likely to make financial plan but only 6% consult financial adviser Comment, Analysis & Research EBRD achieves record mobilisation in 2024 News Team Wednesday, January 22, 2025 12:00 am http://europe.managersofwealth.com/article/121079/ebrd-achieves-record-mobilisation-in-2024 The Bank stepped up its direct mobilisation efforts, achieving a record €4.82 billion, while indirect mobilisation amounted to €21.97 billion. Comment, Analysis & Research L&G Mastertrust reaches £30 billion in AUM News Team Wednesday, January 22, 2025 12:00 am http://europe.managersofwealth.com/article/121088/lampampg-mastertrust-reaches-amppound30-billion-in-aum Largest commercial master trust in the UK grows by a third in under two years. Comment, Analysis & Research Nearly half of young women doing sports consider giving up News Team Wednesday, January 22, 2025 12:00 am http://europe.managersofwealth.com/article/121091/nearly-half-of-young-women-doing-sports-consider-giving-up This is despite the fact that sports are known to often have a positive psychological effect. Comment, Analysis & Research Former Ambassador: «Ermotti One of the World's Best Bankers» News Aggregation Team Tuesday, January 21, 2025 12:00 am http://europe.managersofwealth.com/article/121056/former-ambassador-amplaquoermotti-one-of-the-worldamp039s-best-bankersampraquo He stresses the need for transparency and highlights how seasoned banking leadership previously ensured smoother relations with U.S. authorities. Comment, Analysis & Research European financial services M&A activity picked up in 2024, with deal volume reaching a nine-year high News Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121423/european-financial-services-mampampa-activity-picked-up-in-2024-with-deal-volume-reaching-a-nine-year-high The total disclosed deal value also rose from €36.3bn in 2023 to €52.0bn in 2024 – with 10 deals above €1bn in value last year. Tax Federal Council initiates consultation on exchange of information under the OECD minimum tax News Team Wednesday, January 29, 2025 12:00 am http://europe.managersofwealth.com/article/121244/federal-council-initiates-consultation-on-exchange-of-information-under-the-oecd-minimum-tax The implementing jurisdictions should also be able to check whether the tax calculations of MNE groups are correct. Tax Ex-Man Utd footballer faces tax bill after losing part of HMRC case News Aggregation Team Friday, January 24, 2025 12:00 am http://europe.managersofwealth.com/article/121137/ex-man-utd-footballer-faces-tax-bill-after-losing-part-of-hmrc-case Robson will be left with a hefty tax bill after losing part an appeal at the First Tier Tax Tribunal. Tax EISA’s Christiana Stewart-Lockhart positive about UK startups despite challenging 2024 News Aggregation Team Friday, January 24, 2025 12:00 am http://europe.managersofwealth.com/article/121150/eisaamprsquos-christiana-stewart-lockhart-positive-about-uk-startups-despite-challenging-2024 Unfortunately, there are many potential investors who are missing out, largely due to a lack of awareness about the schemes. Tax UK Inheritance Tax receipts hit £6.3 billion through first three quarters of the financial year News Team Thursday, January 23, 2025 12:00 am http://europe.managersofwealth.com/article/121129/uk-inheritance-tax-receipts-hit-amppound63-billion-through-first-three-quarters-of-the-financial-year Inheritance Tax is delivering record receipts for the Treasury as asset prices rise while the thresholds remain frozen in place Tax Quilter proposes flat-rate solution to IHT on pensions consultation to prevent payment delays for grieving families News Team Wednesday, January 22, 2025 12:00 am http://europe.managersofwealth.com/article/121089/quilter-proposes-flat-rate-solution-to-iht-on-pensions-consultation-to-prevent-payment-delays-for-grieving-families Under this approach, any unused pension funds would be taxed at a clear, fixed rate once their total exceeded a nil rate band that applies across all the members schemes. Tax Lord Mayor of London attacks Reeves over ‘bizarre’ tax News Aggregation Team Tuesday, January 21, 2025 12:00 am http://europe.managersofwealth.com/article/121054/lord-mayor-of-london-attacks-reeves-over-amplsquobizarreamprsquo-tax Economists at JP Morgan have warned that the Chancellor may already be facing a £20bn fiscal hole after disappointing growth and a sell-off in gilts. Tax Ros Altmann: The disaster of removing IHT exemptions for unused pension funds News Aggregation Team Tuesday, January 21, 2025 12:00 am http://europe.managersofwealth.com/article/121068/ros-altmann-the-disaster-of-removing-iht-exemptions-for-unused-pension-funds The harm to traditional final-salary-type (DB) pensions was only recognised years later. Tax Claire Trott: Navigating annuities and inheritance tax News Aggregation Team Monday, January 20, 2025 12:00 am http://europe.managersofwealth.com/article/121031/claire-trott-navigating-annuities-and-inheritance-tax While this will work for some, there are a good number of considerations to take into account when thinking about this option. Tax IHT tax on pensions must ‘loosen’ where lump sums are not for estate management News Aggregation Team Monday, January 20, 2025 12:00 am http://europe.managersofwealth.com/article/121038/iht-tax-on-pensions-must-amplsquoloosenamprsquo-where-lump-sums-are-not-for-estate-management Broadstone consultancy agrees pensions should be used for income rather than wealth transfer Tax Santander unveils new broker pledges News Aggregation Team Friday, February 07, 2025 12:00 am http://europe.managersofwealth.com/article/121420/santander-unveils-new-broker-pledges Brokers will always have access to Santander’s best pricing for purchase, remortgage and product transfer clients. Retail Banking ING looking for acquisitions to grow in Germany, Italy and Spain, says CEO News Aggregation Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121360/ing-looking-for-acquisitions-to-grow-in-germany-italy-and-spain-says-ceo The remarks from the head of one of Europe's biggest banks are a clear signal that it is open to striking significant deals in Germany, Italy and Spain. Retail Banking Aldermore Bank taps Temenos to upgrade savings operations News Aggregation Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121362/aldermore-bank-taps-temenos-to-upgrade-savings-operations Its services include mortgages, business financing, and personal and business savings accounts, with the company managing £20.5 billion in assets. Retail Banking United Fintech buys Norway’s Commercial Banking Applications News Aggregation Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121363/united-fintech-buys-norwayamprsquos-commercial-banking-applications The Oslo-headquartered fintech operates predominantly across Europe and Asia, with Dutch banking giant ABN Amro being one of its major clients. Retail Banking The Dutch Bank Powering Swiss Corporate Deals News Aggregation Team Wednesday, February 05, 2025 12:00 am http://europe.managersofwealth.com/article/121374/the-dutch-bank-powering-swiss-corporate-deals At ING in Zurich, this is how they celebrate every acquisition or sometimes even welcome visitors. Retail Banking Barclays working to update account balances after tech outage News Aggregation Team Monday, February 03, 2025 12:00 am http://europe.managersofwealth.com/article/121307/barclays-working-to-update-account-balances-after-tech-outage The bank said delayed payments had been processed but that it was still "addressing any outstanding issues", following days of disruption. Retail Banking Dutch lender Volksbank fined for inadequate risk management News Aggregation Team Friday, January 31, 2025 12:00 am http://europe.managersofwealth.com/article/121280/dutch-lender-volksbank-fined-for-inadequate-risk-management The bank last year said it would simplify its organisation, bringing all businesses under the ASN brand name, while eliminating around 750 jobs and closing almost half of its 600 local offices. Retail Banking January results of the Bank Lending Survey (BLS) in Germany News Team Thursday, January 30, 2025 12:00 am http://europe.managersofwealth.com/article/121246/january-results-of-the-bank-lending-survey-bls-in-germany Credit standards in all loan categories tightened Retail Banking HSBC's global brand in the balance as it doubles down on Asia bet News Aggregation Team Thursday, January 30, 2025 12:00 am http://europe.managersofwealth.com/article/121249/hsbcamp039s-global-brand-in-the-balance-as-it-doubles-down-on-asia-bet It is more important than ever that we accelerate and sustain the forward momentum with a clear focus on the material and mutually beneficial agenda Retail Banking Lloyds Banking Group to shut further 136 branches News Aggregation Team Thursday, January 30, 2025 12:00 am http://europe.managersofwealth.com/article/121253/lloyds-banking-group-to-shut-further-136-branches Adding to previously announced closures, the group incorporating Lloyds, Halifax and Bank of Scotland will be left with 756 sites, against ​​932 currently. Retail Banking ESG considerations driving food and drink industry acquisitions News Team Monday, April 29, 2024 1:00 am http://europe.managersofwealth.com/article/116007/esg-considerations-driving-food-and-drink-industry-acquisitions Businesses are increasingly conscious of the importance of ESG in M&A. Pensions Schroders Greencoat eyes deal for scandal-hit solar operator – reports News Aggregation Team Monday, November 13, 2023 12:00 am http://europe.managersofwealth.com/article/112765/schroders-greencoat-eyes-deal-for-scandal-hit-solar-operator-ampndash-reports The infrastructure unit is a leading contender to buy Toucan Energy, which collapsed a year ago amid a local government scandal. Pensions 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 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 Mirova mobilises a Blended Finance Coalition for its Second-Generation Fund Dedicated to Sustainable Land Use in the Global South News Team Thursday, February 06, 2025 12:00 am http://europe.managersofwealth.com/article/121396/mirova-mobilises-a-blended-finance-coalition-for-its-second-generation-fund-dedicated-to-sustainable-land-use-in-the-global-south This coalition also includes development finance institutions FMO and Proparco, which intend to commit investments for the forthcoming next closing. Planet SOS Valuing what matters most: nature on the balance sheet at Davos 2025 News Team Monday, January 27, 2025 12:00 am http://europe.managersofwealth.com/article/121162/valuing-what-matters-most-nature-on-the-balance-sheet-at-davos-2025 This concept, focused on restoring exploited and degraded landscapes to nature via mechanisms such as regenerative agriculture and reforestation, served as the essential starting point for discussing nature. Planet SOS Modern Bankers in an age of sustainable banking: Three take-aways News Team Wednesday, January 22, 2025 12:00 am http://europe.managersofwealth.com/article/121085/modern-bankers-in-an-age-of-sustainable-banking-three-take-aways Capgemini offers expertise in ESG data management and sector-specific sustainability trends to make banks and bankers future ready. Planet SOS Trump’s climate policy and its impact on investments News Team Wednesday, January 22, 2025 12:00 am http://europe.managersofwealth.com/article/121094/trumpamprsquos-climate-policy-and-its-impact-on-investments In practice, this means that the US no longer has to submit a climate action plan to the United Nations every five years. Planet SOS The BNP Paribas Foundation launches a new “Climate & Biodiversity Initiative” call for projects dedicated to the ocean and costal ecosystems News Aggregation Team Tuesday, January 21, 2025 12:00 am http://europe.managersofwealth.com/article/121061/the-bnp-paribas-foundation-launches-a-new-ampldquoclimate-ampamp-biodiversity-initiativeamprdquo-call-for-projects-dedicated-to-the-ocean-and-costal-ecosystems Based on this observation, the BNP Paribas Foundation has chosen to dedicate its 6th “Climate & Biodiversity Initiative” to projects on ocean and coastal ecosystems. Planet SOS Mirova Commits USD10 million to Global Commercial & Industrial Solar Leader ecoligo to Fuel Its Growth in Vietnam News Team Friday, January 17, 2025 12:00 am http://europe.managersofwealth.com/article/121006/mirova-commits-usd10-million-to-global-commercial-ampamp-industrial-solar-leader-ecoligo-to-fuel-its-growth-in-vietnam ecoligo has successfully raised €74 million to date and currently manages a global portfolio of 100 MWp, comprising 200 projects. Planet SOS ESG Economist - High decarbonisation pressure EU energy-intensive industry News Team Thursday, January 16, 2025 12:00 am http://europe.managersofwealth.com/article/120976/esg-economist-high-decarbonisation-pressure-eu-energy-intensive-industry There are potential significant emission reductions to be had by decarbonising these sectors Planet SOS EBRD and Bank Millennium sign their first joint synthetic securitisation in Poland News Team Monday, January 13, 2025 12:00 am http://europe.managersofwealth.com/article/120911/ebrd-and-bank-millennium-sign-their-first-joint-synthetic-securitisation-in-poland The underlying securitised portfolio is a granular portfolio of small and medium-sized enterprise (SME) and corporate loan and factoring obligations originated by Bank Millennium. Planet SOS Sustainability round up: take our end-of-year survey News Aggregation Team Monday, December 23, 2024 12:00 am http://europe.managersofwealth.com/article/120674/sustainability-round-up-take-our-end-of-year-survey Whether you have taken this before, but think your view may have changed, or whether you have never taken our survey before Planet SOS ABN AMRO’s Dow Jones Sustainability Index score improved News Team Tuesday, December 17, 2024 12:00 am http://europe.managersofwealth.com/article/120561/abn-amroamprsquos-dow-jones-sustainability-index-score-improved The gain is largely driven by formalising our approach work to promote financial inclusion. Planet SOS