Managers of Wealth - Europe http://europe.managersofwealth.com/ Fri, 21 Feb 2025 14:55:23 GMT part of MediaG8way Group http://europe.managersofwealth.com/ http://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Standard Chartered exceeds revenue expectations and boosts dividend amid mixed 2024 results News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121690/standard-chartered-exceeds-revenue-expectations-and-boosts-dividend-amid-mixed-2024-results Lower loan losses have also contributed to a stronger bottom line. Wealth and Asset Management A tale of two specialties: combining wealth and asset management News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121692/a-tale-of-two-specialties-combining-wealth-and-asset-management Pascal Duval, a former senior asset management boss, has never been a highly stressed character. Wealth and Asset Management Schroders Capital backs AI with first close of UK Innovation LTAF News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121697/schroders-capital-backs-ai-with-first-close-of-uk-innovation-ltaf The successful close is indicative of the desire from DC pension schemes and other institutional investors to participate in the growth and development of UK early-stage companies. Wealth and Asset Management Kepler Cheuvreux and Unigestion announce a strategic partnership News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121702/kepler-cheuvreux-and-unigestion-announce-a-strategic-partnership This partnership merges fundamental and quantitative research approaches, optimising portfolio management while diversifying and expanding the range of investment strategies. Wealth and Asset Management Northern Trust Expands Partnership with Alchemy to Support Its New Special Opportunities Fund News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121645/northern-trust-expands-partnership-with-alchemy-to-support-its-new-special-opportunities-fund Northern Trust Expands Longstanding Relationship with Alchemy Helping to Launch its Fifth Special Opportunities Fund Wealth and Asset Management Evelyn Partners International relocates to new office in St. Helier News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121659/evelyn-partners-international-relocates-to-new-office-in-st-helier Team in Jersey bolstered with flurry of new hires Wealth and Asset Management Tavistock Investments: Completion of acquisition of Alpha Beta Partners News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121664/tavistock-investments-completion-of-acquisition-of-alpha-beta-partners The total consideration for the acquisition is capped at £18 million Wealth and Asset Management EFG International Acquires Swiss Private Bank News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121665/efg-international-acquires-swiss-private-bank The closing of the transaction is expected in the second half of 2025 and is subject to regulatory approval, EFG announced on Wednesday. Wealth and Asset Management Utmost Wealth Solutions’ Assets Under Administration surpass £100bn, recording strong gross inflows News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121667/utmost-wealth-solutionsamprsquo-assets-under-administration-surpass-amppound100bn-recording-strong-gross-inflows The acquisition of Lombard International adds £45bn in Assets Under Administration (AUA), confirming Utmost’s leading market position in the international wealth management sector Wealth and Asset Management Maximising wealth management: The benefits of Guernsey Private Investment Funds News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121674/maximising-wealth-management-the-benefits-of-guernsey-private-investment-funds With Guernsey’s well-established financial sector, PIFs present an opportunity for tailored investment solutions that align with both current market trends and long-term wealth strategies. Wealth and Asset Management FNZ Appoints Aashish Kamat as Group Chief Financial Officer News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121682/fnz-appoints-aashish-kamat-as-group-chief-financial-officer The appointment strengthens FNZ’s leadership team and supports the delivery of sustainable long-term growth. Executive Moves CaixaBank's Board of Directors proposes the appointment of five new directors News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121689/caixabankamp039s-board-of-directors-proposes-the-appointment-of-five-new-directors These five nominees proposed by the Board of Directors will replace the former chairman of CaixaBank, José Ignacio Goirigolzarri Executive Moves Alpen Partners hires portfolio management trio from rivals News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121691/alpen-partners-hires-portfolio-management-trio-from-rivals The independent asset manager, Alpen Partners, has recruited an experienced portfolio management and trading trio from its rivals. Executive Moves IAM Tareno welcomes new portfolio manager News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121694/iam-tareno-welcomes-new-portfolio-manager Loris Riesen joins the Tareno team from Bank CIC. Executive Moves Change in the DACH management duo at AlixPartners: Dr. Veit Buetterlin-Goldberg joins Beatrix Morath News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121698/change-in-the-dach-management-duo-at-alixpartners-dr-veit-buetterlin-goldberg-joins-beatrix-morath In these ten years, AlixPartners has significantly expanded its activities in the DACH region Executive Moves ECB appoint Director General On-site and Internal Model Inspections News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121700/ecb-appoint-director-general-on-site-and-internal-model-inspections She is the OeNB representative in the Board of Supervisors of the European Banking Authority Executive Moves New CEO for Zurich real estate consultant News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121704/new-ceo-for-zurich-real-estate-consultant He previously held senior positions at Raiffeisen Switzerland and Credit Suisse Executive Moves Canada Life AM adds two to distribution team News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121655/canada-life-am-adds-two-to-distribution-team Both will report to James Stoddart, Head of Distribution Executive Moves Quilter Cheviot Europe appoints Gabriel Ramsey as head of distribution for Ireland News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121663/quilter-cheviot-europe-appoints-gabriel-ramsey-as-head-of-distribution-for-ireland QCE expects to continue expanding its team in Ireland to support its growth ambitions. Executive Moves Ex-Bordier CEO Macleod to be the first director general of The Big Issue News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121666/ex-bordier-ceo-macleod-to-be-the-first-director-general-of-the-big-issue The wealth veteran, who stepped down as Bordier & Cie UK CEO last July, will take up part-time role at social enterprise that supports the homeless. Executive Moves Blacktower Gibraltar settles long running disagreement with Gibraltar regulator News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121686/blacktower-gibraltar-settles-long-running-disagreement-with-gibraltar-regulator The GFSC imposed a reduced fine of £294,350 with ‘full cooperation’ from Blacktower Legal, Regulation & Compliance Innovation in UK Financial Markets - shortening the settlement cycle – speech by Sasha Mills News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121687/innovation-in-uk-financial-markets-shortening-the-settlement-cycle-ampndash-speech-by-sasha-mills Given at the UK T+1 Accelerated Settlement Market event, hosted by KPMG Legal, Regulation & Compliance Number of counterfeit euro banknotes continues to be low in 2024 News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121696/number-of-counterfeit-euro-banknotes-continues-to-be-low-in-2024 The likelihood of receiving a counterfeit is low, as the number of counterfeits is very small in proportion to genuine euro banknotes in circulation. Legal, Regulation & Compliance CMA reaches settlement with banks in competition case News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121705/cma-reaches-settlement-with-banks-in-competition-case Banks agree to pay fines for past exchanges of sensitive information about UK government bonds. Legal, Regulation & Compliance FCA welcomes the final report of the Accelerated Settlement Taskforce and supports the UK market’s move to T+1 settlement News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121661/fca-welcomes-the-final-report-of-the-accelerated-settlement-taskforce-and-supports-the-uk-marketamprsquos-move-to-t1-settlement On 6 February 2025, the Accelerated Settlement Taskforce published its final report recommending a detailed implementation plan for the UK to move to a T+1 standard for settling securities trades. Legal, Regulation & Compliance The Prudential Regulation Authority’s approach to policy News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121671/the-prudential-regulation-authorityamprsquos-approach-to-policy The approach we consulted on in the CP was informed by the responses we received to the DP. Legal, Regulation & Compliance UK money markets transitioning to a new monetary policy regime News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121635/uk-money-markets-transitioning-to-a-new-monetary-policy-regime Since the turn of the monetary policy cycle in 2023, money market funds have seen significant inflows, but we think the peak has been reached. Legal, Regulation & Compliance Top European central bankers push for simpler banking rules News Aggregation Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121642/top-european-central-bankers-push-for-simpler-banking-rules A ‘comprehensive analysis’ of the regulatory requirements could help ensure a ‘level playing field with other major jurisdictions’ the bankers said Legal, Regulation & Compliance Striking the right balance: the ECB’s balance sheet and its implications for monetary policy News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121653/striking-the-right-balance-the-ecbamprsquos-balance-sheet-and-its-implications-for-monetary-policy During this tightening phase, we used policy rates as the primary tool for setting our monetary policy stance, while normalising our balance sheet in a measured and predictable way. Legal, Regulation & Compliance Substance, Tax Treaties and the UK Supreme Court in Royal Bank of Canada News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121654/substance-tax-treaties-and-the-uk-supreme-court-in-royal-bank-of-canada The uncertainty that this can open up is considerable. Legal, Regulation & Compliance ABN AMRO finances innovative digital platform Transferz News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121684/abn-amro-finances-innovative-digital-platform-transferz This collaboration underscores both Transferz’s commitment to durable growth and ABN AMRO's dedication to empowering innovative companies that are reshaping their industries. FinTech UK Gov Digital Service tenders contract to embed open banking in Gov.UK Pay News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121688/uk-gov-digital-service-tenders-contract-to-embed-open-banking-in-govuk-pay Currently used by 1,228 services across 440 organisations, it has processed about 100 million transactions with a combined value of £6.4 billion (just over $8bn) since 2016. FinTech European BearingPoint survey on payment behavior: Cash usage declines, and one in three Europeans would use the digital euro News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121699/european-bearingpoint-survey-on-payment-behavior-cash-usage-declines-and-one-in-three-europeans-would-use-the-digital-euro At 55%, respondents have a high level of trust in the banking sector to collect and store digital euro transaction data, compared to only 5% for technology companies such as Apple, Google, and Amazon. FinTech Revolut doubles down on hybrid working News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121678/revolut-doubles-down-on-hybrid-working The memo arrives as the the global fintech prepares to move to a recently refurbished tower block in the heart of Canary Wharf FinTech BNP Paribas’ Securities Services Business Adopts Broadridge’s Global Class Action Solution to Maximize its Clients’ Global Asset Recovery Opportunities News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121640/bnp-paribasamprsquo-securities-services-business-adopts-broadridgeamprsquos-global-class-action-solution-to-maximize-its-clientsamprsquo-global-asset-recovery-opportunities Broadridge’s solution provides comprehensive global class action coverage, maximizes claims and increases investor participation in settlement recoveries FinTech FCA and PSR assesses the usage and impact of digital wallets News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121647/fca-and-psr-assesses-the-usage-and-impact-of-digital-wallets In turn, this could expand the range of alternative payment methods on offer, giving consumers more choice. FinTech Temenos Announces Q4 and FY-24 Results; ARR and TSL at Top End of Guidance, EBIT and FCF Above Guidance News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121652/temenos-announces-q4-and-fy-24-results-arr-and-tsl-at-top-end-of-guidance-ebit-and-fcf-above-guidance We had a strong fourth quarter with most areas of the business delivering well against expectations. FinTech Digital transformation: Baader Bank relies on modern platform News Team Monday, February 17, 2025 12:00 am http://europe.managersofwealth.com/article/121593/digital-transformation-baader-bank-relies-on-modern-platform The securities and banking services provider aims to improve scalability and business results and advance digital transformation. FinTech Bravura to pay dividends following turnaround in finances News Aggregation Team Thursday, February 13, 2025 12:00 am http://europe.managersofwealth.com/article/121533/bravura-to-pay-dividends-following-turnaround-in-finances The company said it will also recommence paying dividends based on reporting period performance. FinTech Danish fintech Ageras buys Storebuddy News Aggregation Team Thursday, February 13, 2025 12:00 am http://europe.managersofwealth.com/article/121541/danish-fintech-ageras-buys-storebuddy The acquisition will help Ageras expand its reach into the e-commerce segment, enabling it to offer online store owners technology that helps them deal with the complexity of accounting and reporting requirements. FinTech Royal London tops list of Defaqto’s top 10 personal pension plans News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121683/royal-london-tops-list-of-defaqtoamprsquos-top-10-personal-pension-plans At the top of the table sits the Royal London’s Pension Portfolio PPP, featuring in one in three recommendations. Alternative Investments Evenlode Investment CFO Amanda Sullivan passes away News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121685/evenlode-investment-cfo-amanda-sullivan-passes-away She joined Evenlode in 2017 after previously working as chief financial officer for Wise Investment Alternative Investments Kepler Cheuvreux and Unigestion form CHF 2.8bn fund firm News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121695/kepler-cheuvreux-and-unigestion-form-chf-28bn-fund-firm Kepler Cheuvreux Unigestion Equities specialises in quantitative strategies for public equities. Alternative Investments CS pension fund project has one less problem News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121703/cs-pension-fund-project-has-one-less-problem Last year, after a long tug-of-war, the administrative court revoked the building permit. Alternative Investments Amundi floats 11 ETFs in London News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121656/amundi-floats-11-etfs-in-london The newly-admitted ETFs will bring the total number of Amundi ETFs available on the LSE to 272. Alternative Investments NextGen ties up with Kinder Institute to bring life planning to advice profession News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121657/nextgen-ties-up-with-kinder-institute-to-bring-life-planning-to-advice-profession Through the partnership the firms will create a dedicated Kinder Institute UK hub within the NextGen Planners online community. Alternative Investments Sustainability makes headway in FE’s 2025 Alpha Manager ratings News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121658/sustainability-makes-headway-in-feamprsquos-2025-alpha-manager-ratings Global managers continue to dominate ratings Alternative Investments National Wealth Fund makes first investment in Scotland News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121662/national-wealth-fund-makes-first-investment-in-scotland Scottish Secretary welcomes £43.5m boost for sustainable packaging firm that will encourage growth, creating jobs and prosperity Alternative Investments Zurich posts record earnings, strong delivery sets the pace for new plan, raises dividend News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121672/zurich-posts-record-earnings-strong-delivery-sets-the-pace-for-new-plan-raises-dividend This strong set of results together with Zurich’s track record of consistent delivery position the company strongly at the beginning of the new three-year cycle. Alternative Investments The AMF publishes the findings of its thematic inspections of asset management companies’ monitoring of fund investment ratios, compensation and claims News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121680/the-amf-publishes-the-findings-of-its-thematic-inspections-of-asset-management-companiesamprsquo-monitoring-of-fund-investment-ratios-compensation-and-claims These ratios, which must be complied with at all times, may be financial or non-financial in nature. Alternative Investments Jefferies cuts Julius Baer to Hold as it awaits clarity on strategy under new CEO News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121679/jefferies-cuts-julius-baer-to-hold-as-it-awaits-clarity-on-strategy-under-new-ceo Bollinger, who has been CEO for less than a month, is expected to outline a strategic vision emphasizing client focus Investment Banking Commerzbank to become main tenant of the Central Business Tower in Frankfurt News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121644/commerzbank-to-become-main-tenant-of-the-central-business-tower-in-frankfurt The office tower in Frankfurt’s banking district will accommodate 3,200 state-of-the-art workplaces on 52 floors. Investment Banking CaixaBank and Amundi launch innovative Lifecycle ETFs to help align investments with life goals News Team Monday, February 17, 2025 12:00 am http://europe.managersofwealth.com/article/121577/caixabank-and-amundi-launch-innovative-lifecycle-etfs-to-help-align-investments-with-life-goals This makes these ETFs particularly suited for those pursuing specific financial objectives over the long term. Investment Banking Italy Bank Deals Would Narrow Size Gap to Europe, Panetta Says News Aggregation Team Monday, February 17, 2025 12:00 am http://europe.managersofwealth.com/article/121589/italy-bank-deals-would-narrow-size-gap-to-europe-panetta-says The announced transactions would narrow the size gap between the largest Italian banks and European competitors Investment Banking Santander, global leader in export finance for third year running News Aggregation Team Tuesday, February 11, 2025 12:00 am http://europe.managersofwealth.com/article/121493/santander-global-leader-in-export-finance-for-third-year-running The Group held on to the number one spot with a total volume of USD 8.6 billion and an international market share of 10.5%. Investment Banking 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 UBS: Uncertainty Surrounding Legal Risks News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121681/ubs-uncertainty-surrounding-legal-risks These cases, spanning from historical tax evasion allegations to client disputes, significantly impact the bank’s financial exposure. Comment, Analysis & Research DeVere Group reports AUM growth to $14bn News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121660/devere-group-reports-aum-growth-to-14bn A ‘convergence of factors are reshaping the global wealth management landscape’ Comment, Analysis & Research Pictet clean-energy star not afraid of Trump News Aggregation Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121668/pictet-clean-energy-star-not-afraid-of-trump Elite Investor Xavier Chollet tells Citywire Elite Companies how his fund thinks differently about the energy transition. Comment, Analysis & Research Mind the inflation gap: real cash ISA returns are in negative territory again News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121669/mind-the-inflation-gap-real-cash-isa-returns-are-in-negative-territory-again The news comes after significant speculation that Chancellor Rachel Reeves is planning to change the tax benefits of cash ISAs to help boost investment in the spring. Comment, Analysis & Research Outsourcing trends in the banking sector News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121670/outsourcing-trends-in-the-banking-sector Additionally, investments in robust cybersecurity measures are paramount to protect banks against rising cyber threats. Comment, Analysis & Research New record for gold News Team Thursday, February 20, 2025 12:00 am http://europe.managersofwealth.com/article/121673/new-record-for-gold Consequently, central banks around the world have allocated an increasing share of their reserve assets to the yellow metal, and we think that this trend will continue in 2025. Comment, Analysis & Research Financial services: Dealmakers adapt to a shifting landscape News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121639/financial-services-dealmakers-adapt-to-a-shifting-landscape Monthly deal value in 2024 returned to the average monthly value of the prior five years, and total deal value for 2024 was 30 percent higher than that seen in 2023. Comment, Analysis & Research Increased defence spending set to propel BAE Systems' growth News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121641/increased-defence-spending-set-to-propel-bae-systemsamp039-growth The company reported sales growth across all five segments Comment, Analysis & Research Rethink multipolarity – an investor’s roadmap News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121646/rethink-multipolarity-ampndash-an-investoramprsquos-roadmap The implications for the global economy and financial markets may be significant. Comment, Analysis & Research Tony James Family Office Spinout Gets $370 Million For Private Equity Bets News Aggregation Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121648/tony-james-family-office-spinout-gets-370-million-for-private-equity-bets The fund’s launch advances a major change in the financial affairs for one of Wall Street’s biggest fortunes. Comment, Analysis & Research Tax take from IHT, CGT and National Insurance soars in the new year News Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121693/tax-take-from-iht-cgt-and-national-insurance-soars-in-the-new-year The upcoming reforms to Agricultural Property Relief and Business Relief could force more family farms and small enterprises into difficult decisions about their futures. Tax IHT nears record as receipts rise to £7bn News Aggregation Team Friday, February 21, 2025 12:00 am http://europe.managersofwealth.com/article/121701/iht-nears-record-as-receipts-rise-to-amppound7bn This rise in IHT receipts contributed to gross HMRC tax and national insurance contribution receipts rising to £719bn in the period ending January 2025. Tax What is the future of tax evasion investigations? News Aggregation Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121634/what-is-the-future-of-tax-evasion-investigations HMRC launched 430 new criminal investigations into suspected tax evasion in 2023/24 Tax Confidence in economy among wealthy Britons falls to record low with inheritance tax a major concern News Aggregation Team Tuesday, February 18, 2025 12:00 am http://europe.managersofwealth.com/article/121601/confidence-in-economy-among-wealthy-britons-falls-to-record-low-with-inheritance-tax-a-major-concern Among the wealthy, confidence in the economy has fallen to 48 per cent, down from 84 per cent just six months ago. Tax 'Tax dodgers make it harder to tackle potholes and get bobbies on the beat' News Aggregation Team Tuesday, February 18, 2025 12:00 am http://europe.managersofwealth.com/article/121608/amp039tax-dodgers-make-it-harder-to-tackle-potholes-and-get-bobbies-on-the-beatamp039 That’s money that we could be using to fill potholes, fund schools and hospitals, improve access to the police and ensure GPs are accessible. Tax UK Inheritance Tax changes: how the US-UK Treaty could protect some Americans News Team Tuesday, February 18, 2025 12:00 am http://europe.managersofwealth.com/article/121621/uk-inheritance-tax-changes-how-the-us-uk-treaty-could-protect-some-americans For dual nationals, if none of the above lead to a clear answer, the US and UK tax authorities will agree between them how to tax the individual. Tax UK: Payments to settle regulatory investigation deductible; claim for cross-border group relief barred News Team Monday, February 10, 2025 12:00 am http://europe.managersofwealth.com/article/121448/uk-payments-to-settle-regulatory-investigation-deductible-claim-for-cross-border-group-relief-barred The Court of Appeal held that payments made by the taxpayer to settle a regulatory investigation were not penalties and thus were fully deductible. Tax 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 HSBC reduces top investment banker bonuses to $737,600 as costs in focus News Aggregation Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121631/hsbc-reduces-top-investment-banker-bonuses-to-737600-as-costs-in-focus The UK lender has reduced average bonuses for top employees in its investment bank as it ramps up cost-cuts Retail Banking Chase UK tops latest banking customer satisfaction survey News Aggregation Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121632/chase-uk-tops-latest-banking-customer-satisfaction-survey The US-owned bank beats Monzo and Starling in twice-yearly rankings for the first time Retail Banking Santander launches latest monthly cash prize draw for Investment ISA customers News Team Wednesday, February 19, 2025 12:00 am http://europe.managersofwealth.com/article/121650/santander-launches-latest-monthly-cash-prize-draw-for-investment-isa-customers The three prize draws will give customers an opportunity to win 150 prizes, with a total prize pool of £30,000. Retail Banking StanChart PB launches European private credit strategy News Aggregation Team Tuesday, February 18, 2025 12:00 am http://europe.managersofwealth.com/article/121606/stanchart-pb-launches-european-private-credit-strategy The lender is looking to Europe to offer its clients 'a significant yield premium over US private credit'. Retail Banking Full list of Nottinghamshire banks set to close their doors for good in 2025 News Aggregation Team Tuesday, February 18, 2025 12:00 am http://europe.managersofwealth.com/article/121605/full-list-of-nottinghamshire-banks-set-to-close-their-doors-for-good-in-2025 Across the country many banks are permanently closing their doors - leaving empty high street units and some disgruntled customers in their wake. Retail Banking NatWest selects first five startups for Fintech Growth programme News Aggregation Team Tuesday, February 18, 2025 12:00 am http://europe.managersofwealth.com/article/121624/natwest-selects-first-five-startups-for-fintech-growth-programme The small cohort boasts opportunities to connect, learn and build networks with other fellow fintechs, coaches and NatWest’s dedicated Innovation function over a ten-week series of workshops. Retail Banking Commerzbank achieves record profit – Strong momentum for accelerated growth and transformation – Return on equity of 15% targeted by 2028 News Team Friday, February 14, 2025 12:00 am http://europe.managersofwealth.com/article/121549/commerzbank-achieves-record-profit-ampndash-strong-momentum-for-accelerated-growth-and-transformation-ampndash-return-on-equity-of-15-targeted-by-2028 The bank thus increased its result from the previous year by around 20% and at the same time achieved the highest profit in its history. Retail Banking 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 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 ESG in Action: The Role of Fintech Companies in Belgium’s Sustainable Financial Future News Aggregation Team Tuesday, February 18, 2025 12:00 am http://europe.managersofwealth.com/article/121609/esg-in-action-the-role-of-fintech-companies-in-belgiumamprsquos-sustainable-financial-future Belgian fintech firms are also actively fostering collaboration with traditional financial institutions Planet SOS BNP Paribas signs an agreement with the EIB that will generate up to €8 billion in Wind Energy Investments News Aggregation Team Monday, February 17, 2025 12:00 am http://europe.managersofwealth.com/article/121576/bnp-paribas-signs-an-agreement-with-the-eib-that-will-generate-up-to-ampeuro8-billion-in-wind-energy-investments The leverage effect of such a counter-guarantee is expected to spur further investments of up to €8 billion in real economy terms. Planet SOS Cynergy Bank issues debit cards made from Parley Ocean plastic News Team Monday, February 17, 2025 12:00 am http://europe.managersofwealth.com/article/121598/cynergy-bank-issues-debit-cards-made-from-parley-ocean-plastic This innovative launch aligns with Cynergy Bank’s commitment to sustainability and its Environmental, Social, and Governance (ESG) agenda. Planet SOS Breaking barriers in cleantech: how Calyxia is leading the charge against microplastic pollution and transforming industries News Team Friday, February 14, 2025 12:00 am http://europe.managersofwealth.com/article/121545/breaking-barriers-in-cleantech-how-calyxia-is-leading-the-charge-against-microplastic-pollution-and-transforming-industries The need for innovative, sustainable solutions has never been more urgent. Planet SOS Carbon Market Strategist - EUA prices rise, thanks to gas drama News Team Wednesday, February 12, 2025 12:00 am http://europe.managersofwealth.com/article/121501/carbon-market-strategist-eua-prices-rise-thanks-to-gas-drama The rally in the gas market was triggered by the end of the transit agreement between Ukraine and Russia, along with adverse weather conditions in Northern Europe. Planet SOS Raphael Mertens on PIMCO Prime's Path to Net Zero News Team Monday, February 10, 2025 12:00 am http://europe.managersofwealth.com/article/121470/raphael-mertens-on-pimco-primeamp039s-path-to-net-zero As a leading global real estate investment manager, PIMCO Prime has developed significant expertise in sustainable operations. Planet SOS 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