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

France to ease finance, tax rules to attract Brexit bankers

For asset managers coming to France, they will be able to have capital income known as carried interest taxed at 30 percent rather than higher income tax rates.

JPMorgan issues bleak warning on Brexit damage

Jamie Dimon says departure has potential to ‘hurt everybody a bit’

BlackRock chooses Paris over London for expansion ahead of Brexit

Last month, BlackRock applied to the French regulator for a licence to set up an alternative investment fund management company.

Brexit prompts asset managers to revamp distribution strategies

New products likely to be launched in Luxembourg, Ireland and UK, says State Street

Banks Leaving It Late to Secure Post-Brexit EU Future

Only 20 of the 50 banks that discussed EU license have applied

Bankers scurry for space as tiny Luxembourg fills up ahead of Brexit

Lenders looking for a bigger EU footprint may need to look towards city's outskirts and smaller commuter towns

Europe gains little from stirring financial uncertainty over Brexit

Brussels might want to consider the impact of a breakdown on its own citizens

London fears it will be EU’s next capital markets target

Diplomatic stand-off with Switzerland fans concerns of similar UK fate

Polar Capital to set up Paris office amid Brexit uncertainties

The firm also hired BlackRock’s former managing director Peter Leane as the head of the Nordic region.

Brexit: a game changer

The Channel Islands have developed their considerable skills in financial services over many years of servicing overseas clients.

UK could lose £10bn a year in City-related tax revenue after Brexit

Sir Mark Boleat says rows over deal or no deal now ‘irrelevant’ and up to 75,000 jobs could go

UK as ‘third country’ is a worry for asset management professionals

PwC audience shares doubts over equivalent framework after Brexit

Brexit fears forcing companies to shift investments offshore

Outgoing CBI chief urges business leaders to speak out on EU questions

Brexit will not protect UK from Italian instability, financiers warn

‘Financial crisis in the EU will be damaging to us regardless of Brexit’

Investors turning to Paris over London as Brexit fears bite

French capital ranked first for foreign direct investment by 37 per cent of businesses in Ernst & Young report

Big fund managers cagey on revealing post-Brexit plans

Just 22 of 57 the largest asset and wealth managers have made announcements

Bank of America raises planned Paris job moves before Brexit - sources

A source close to the bank said it may sub-let some space, depending on the final Brexit deal.

Guide to Malta post-Brexit discussed at London forum

“Brexit is likely to prove beneficial for EU jurisdictions, including Malta, which continues to experience growth of its funds industry, not just on the fund licensing side but, increasingly, through the number of AIFMs being set up on the island.&a

Leading UK hedge fund says City will shrink 30% after Brexit

Davide Serra of Algebris believes that people will follow money out of the City in the coming years

Former Swiss president claims Brexit vote was 'stupidity, not democracy' in shock attack

THE FORMER president of Switzerland Kaspar Villiger has blasted the British vote to leave the EU, claiming it was a result of “stupidity” and suggesting the 2016 EU Referendum was “not clear enough” for Britons to fully understand.