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

Expected bank merger wave puts Deutsche Bank on stand-by

“The train left the station in that sense, and consolidation is inevitable,” Ermotti said, adding that Europe faced the risk of its banks becoming too small to survive or compete.

German Regulator looks to open probe into Grenke’s accounting

A BaFin spokeswoman declined to comment. DPR didn’t respond to requests for comment.

FCA final report and consultation on GI pricing practices

Feedback on the proposals is requested by 25 January 2021.

With money laundering red flags going up, football clubs may have to step up

A Europol report on money laundering recently identified football as a money laundering paradise for organised crime networks

Hatstone’s Jersey team advises on a Sharia’a compliant refinancing for BLME

We are pleased to have worked with BLME and Hatstone on this transaction.

Mayer Brown named “European Law Firm of the Year – Transactions”

GlobalCapital is a leading news, opinion and data service for people and institutions using and working in the international capital markets.

FCA launches consultation on the regulation of international firms

The FCA expects a firm seeking authorisation to have an active place of business in the UK to enable us to effectively supervise its UK activities.

MPs question regulators after money laundering leak

The FinCEN files are made up of more than 2,500 documents, most of which were sent to the US authorities by banks between 2000 and 2017.

UK regulator bans financial adviser over £2.3m fraud

After he was sentenced to 30 months’ imprisonment in 2017

Axa to appeal Paris court ruling over pandemic payouts

French insurer Axa will appeal a Paris commercial court ruling ordering it to pay five restaurant owners who had to close during coronavirus lockdowns.

ING bank worked for russian money laundering network

ING’s Polish subsidiary executed transactions for two Dutch bank clients: Schildershoven Finance BV and Tristane Capital BV.

European Regulators Failed to Spot Suspicious Money Flooding Through Latvia’s Banks

FinCEN’s move to sanction two Latvian banks in 2005 was aimed at ending their use of U.S.-registered shell companies for money laundering.

Adapting English law for the digital revolution

The work on digital assets will ensure that the law is capable of accommodating electronic documents, cryptoassets and other digital assets in a way which allows the possibilities of technology to flourish.

Britain Plans Law to Safeguard City of London's Global Standing

The reference to world leading prudential standards will reassure regulators in Britain who have cautioned about being given a formal remit to maintain the competitiveness of London as a global financial centre when writing new rules, fearing it would wea

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