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

FATCA System Upgraded to Brighten the Holidays

Following the change or transfer, a new FATCA account will be created with existing registration information, including branches.

Pope Francis orders unprecedented audit of Vatican wealth

Galvanised by a scandal over Vatican finances Francis is pushing for more openness and transparency

FCA to probe AM sector over competition, costs and charges

The FCA is set to investigate how well fund houses control costs for the end client, as part of its market study into competition and consumer value in the asset management sector.

Hungarian, Chinese business partners seal deals worth nearly $2 bln

Hungarian and Chinese companies signed contracts with a combined value of almost $2 billion in Beijing yesterday

German Private Enforcement Pioneer Christopher Rother to Head Hausfeld Berlin Office

Christopher has practiced for over 25 years and is among the most experienced and renowned competition lawyers in Germany.

King & Wood Mallesons triumphs at Legal Week's British Legal Awards

The judging panel, made up of senior general counsel and other business figures, described this year’s competition as “fiercer than ever”.

Elder law newsletter | November 2015 - Withers

In this issue, we review the Public Guardian's updated version of its guidance on LPA's and discretionary investment management, summarise latest cases from the Court of Protection (including those on foreign issues) and examine LPA's in re

Improper delegation of authorised activities - a notice for financial adviser firms and their advisers

The financial adviser remains responsible for all decisions, actions and potential harm resulting from regulated activities provided in their name and the associated liability for providing unsuitable advice.

Bank stress test results: Britain's seven biggest lenders including Standard Chartered, HSBC, Lloyds and Barclays, under pressure from regulators

The tests assessed how the banks would withstand risks from emerging markets, including a sharp slowdown in China and other emerging markets alongside falling oil prices and a strengthening US dollar.

International Law Firm Boosts Private Client Team

joins the firm as Head of Contentious Trusts from Wragge Lawrence Graham & Co

FCA warns of 'serious implications' in pension switching referrals

Firms have been referred to enforcement

Swiss banks face uncertainty on ECB move

Earlier this year, housebuyers in Switzerland thought they had hit the jackpot.

Exhaustion of austerity meets maxed-out monetary policy

There won’t be any press conferences, fireworks or tears to mark its passing, but the latest wave of austerity worldwide may well have had its day.

Incoming Barclays boss needs to ensure the gung-ho era is past

The case involved a secret transaction worth an eye-watering £1.9bn

Alliance Trust restructuring unravels

The Dundee-based group, which has been looking after people’s cash since 1888

Slovenia's central bank sees risks to exports and growth forecast

The bank continues to expect GDP growth of 2.6 percent this year and 1.9 percent in 2016, it said, with exports seen growing around 5 percent in each of the two years.

European bonds rally on bets of more ECB stimulus

Price gains in bonds across the region have driven about a third of the yields on securities in the $US6.4 trillion Bloomberg Eurozone Sovereign Bond Index below zero.

U.K. SFO Poised for First Plea Deal With ICBC Standard Bank

The U.K. introduced DPAs in February 2014.

Northwest based legal firm advises Fullbrook Thorpe on investment

Bionical provides bespoke services for its clients with the aim of becoming the outsource partner of choice for its global pharmaceutical client base.

Four Belfast KPMG partners arrested in HMRC tax evasion probe

Four partners in the Belfast office of international accountancy firm KPMG have been arrested on suspicion of tax evasion.

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