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

Russia's Sberbank CEO says higher provisions would threaten banks and economy

The central bank says changing the rules on provisions would help clean up of the Russian banking system.

How Britain let Russia hide its dirty money

For decades, politicians have welcomed the super-rich with open arms. Now they’re finally having second thoughts. But is it too late?

Fidelity defends harassment complaint as legal battle set to continue

The employee alleged that the manager made a number of inappropriate personal comments about her, including questioning why she wasn’t planning to get pregnant with a second child.

Banks Caught in Data Dilemma as EU Pulls Them in Two Directions

The apparent clash has prompted head-scratching over how these requirements are going to work together.

Technology and global ties: turning the tide on financial crime

Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Anti-Money Laundering TechSprint, London.

Remuneration and performance management of sales staff (SYSC 19F)

The provisions in SYSC 19F largely affect staff who would not otherwise be captured as MRTs under the Codes.

Investors warned on robo-advisers as watchdog finds some are 'potentially misleading' customers on fees and advice for their investing service

Investment firms can offer different levels of service

Husband and wife banned after abusing insolvent company’s assets

A married couple who were directors of an independent financial advice company have been disqualified for taking assets from an insolvent company.

Deutsche Bank exits Poland and Portugal, new focus on Spain and Italy

Meanwhile, the Deutsche Bank stock continues to lose on the Frankfurt stock exchange.

Cayman to bring fight over BO to local courts

He said that under no circumstances would the Cayman government engage with any British officials that may seek to establish a public beneficial ownership register.

European Wealth Wins US Approval For Newbridge Acquisition

On Friday it asked KPI to convert a proportion of its convertible facilities provided to European Wealth into shares in order to strengthen the group's balance sheet.

Aviva admits it overcharged 50,000 customers

In a statement to Times Money, Aviva said that about 50,000 customers had been affected and that “the vast majority” had overpaid by £100 or less.

HMT speech: CBI Annual Dinner 2018

The Chancellor of the Exchequer, Philip Hammond's speech at the Confederation of British Industry Annual Dinner 2018.

French bank ordered to pay back German lender millions in massive tax fraud case

A committee of the German parliament estimated the cost to the public purse mounted as high as one billion euros before the practice was outlawed in 2012.

Building Societies and the Future of Retail Banking

Speech by Jonathan Davidson, Director of Supervision – Retail and Authorisations at the FCA, delivered at Building societies annual conference 2018, Manchester.

House of Lords paves way for OT public ownership registries

The amendment brought in the House of Commons at the end of April attracted strong criticism from the overseas territories governments, given that orders in council are only issued in extremely rare circumstances, typically involving the implementation of

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