Wealth and Asset Management

Global Impact Investing Network's 2019 Annual Impact Investor Survey Highlights A Diverse and Burgeoning Impact Investing Market

Ex-Julius Baer banker opens Monaco wealth management firm for billionaires

International multi-family office expands Corporate Finance team

Intertrust acquires technology firm

MFS and Deutsche Bank sign partnership agreement in Italy

Wealth manager launches new investment service for American ex-pats

Executive Moves

Mutuactivos names investment solutions director from Alantra WM

Brown Shipley manager resigns after fund shutdown

Anne-Marie Malley becomes Deloitte Consulting’s first female boss

Crédit Agricole’s head of forex options departs

Promotions in Ogier's private wealth and corporate teams

Marlborough Group makes new multi-asset and wealth management appointment

Legal, Regulation & Compliance

Remarks to Open Policy Panel - by Mark Carney

FCA urged to be wary of exit fee 'loopholes'

Official statement from the governments of Guernsey, Jersey and Isle of Man on beneficial ownership registers

New guidance needed to improve anti-money laundering regime

Gina Miller urges FCA to ban illiquids in daily dealing funds

Crown Dependencies to improve beneficial ownership transparency

FinTech

Lloyds first to launch open banking app for credit cards and savings

Boris, Brexit and Bitcoin

Willis-backed insurtech Innovisk launches M&A MGA Themis

Dutch banking giant goes live with Temenos’ WealthSuite

Augmentum Fintech seeks £30m for Europe expansion

Volante Technologies launches SEPA instant payments as a service on Microsoft Azure for RT1 and TIPS

Alternative Investments

UK Equity Income sector continues to hemorrhage money

LFDE expends its range with Echiquier Alpha Major

Hermes EOS urges Alphabet to lead responsible AI practice

How this fund selector meets his 30% target for ESG-focused funds

Hedge fund Cheyne raises €1bn for stressed loan fund

Adviser role expected to change 'significantly'

Investment Banking

Making impactful change by Anna Sweeney

Deutsche to set up €50bn ‘bad bank’ in radical overhaul

Deutsche Bank to set up €50bn ‘bad bank’ as part of overhaul

Bonuses for women are 69% lower at HSBC unit

HSBC's investment banking job cuts have quietly started in London

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort

Comment, Analysis & Research

The pound and UK assets could fall further on PM candidates’ lack of clarity

Will banks ever learn? by Marten Nelson

Avaloq Community Conference 2019: Future proofing financial institutions

PIMFA Comments on Woodford Suspension and the Implications on the Financial Services Sector

Italy Enjoys Return Of High-Flying Real Estate Investors And Buyers

'Money mules': Rising numbers are in middle age

Tax

Andersen Name Grows in Poland

More accountability for directors will rebuild trust in auditing

Global tax regime aims to take a byte out of Ireland's status as tech hub

HMRC defeated as Jersey companies deemed not UK-resident

BFH clarifies taxation of carried interest from certain fund structures

Taxman may cut definition of high wealth by €30m

Retail Banking

RBS expects capital boost from Saudi bank merger

'Bad bank' repays £50bn bailout loan

Why Capital Group has no time for 'big name stars'

Tesco Bank exits mortgage market

Metro advisers rake in £13m fees

Danske dumps $4.5bn in kroner as part of bank’s hedging plan

Pensions

Rolls-Royce's record pension buy-out advised on by Mercer

Final step taken in CMA reform of investment consultants

Pension deficits increase £63.5bn in May

Spain’s Caixa boosts risk off allocation

Hargreaves platform back to running normal

HMRC Makes Reclaiming QROPS Transfer Charge Easier

Brexit

With Brexit, now is the time to consider whether you should move your art

EU Exit: Impact on STO under MiFIR

London development industry confident in overseas investment market despite Brexit uncertainties

EU softens post-Brexit limit on London trading after rebuke

Business reaction to Theresa May’s departure

Investors can ride out the UK's political storm

ESG

ESG ETFs more popular in Europe than the US

Fresh air thinking: using electric vehicles to improve air quality

InvestmentEurope Pan-European ESG Summit kicking off in Zurich

One third advisers would never consider ESG funds

UK Launches Institute to Help Investors Make Social Impact

Spanish government signs up to the GSG for Impact Investment