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

FCA investigates Deutsche Bank

Reporting and monitoring systems are at the centre of the regulator's concerns, the paper added.

UBS Wins Lawsuit Filed by Gupta’s Decura Over Hedge-Fund Venture

UBS Group AG won a London lawsuit filed by an asset management firm that said that investment banking cuts at the Swiss lender undermined a joint venture.

London's stockbrokers resist mergers despite 'perfect storm' of threats

Some corporate brokers are at breaking point while others have found their niches after the financial crisis

The former management of one of Europe’s biggest private banks has been found guilty of criminal breaches of trust

Three of the four men were told they could face prison sentences after being found guilty by Sabine Grobecker, presiding judge at Cologne regional court.

Leeds United: Sport Capital sues GFH for £33m over failed Leeds takeover bid

The Sport Capital group - a consortium featuring ex-Leeds managing director David Haigh and Andrew Flowers, MD of United shirt sponsor Enterprise Insurance - spent almost three months attempting to push the buy-out through but saw the deal fall apart in J

A Wake Up Call For Fiduciaries: Important Lessons From Nolan and Minerva - Collas-Crill

The Nolan v Minerva case served as a sharp wake up call to professional service providers who may find themselves liable by failing to act independently or question a client's motives.

Liechtenstein declines to cooperate in ex-Catalan premier’s tax fraud case

Principality judge says no proof exists that money in Pujol’s alleged accounts is illegal

British Regulators Assessing Loan Insurance Compensation Efforts

British regulators said on Friday that they have begun a review of the efforts that banks have taken to compensate consumers who were improperly sold a contentious insurance product costing the industry billions of dollars in claims.

Targeting Amsterdam: Baker & McKenzie bulks up with Linklaters partner and Houthoff Buruma team

Baker & McKenzie has ramped up its corporate offering in Amsterdam with the hire of seven lawyers including Linklaters' corporate partner Henk Arnold Sijnja and a large team from local firm Houthoff Buruma.

Banking UK banks performance pay before guidelines

UK banks may change the way they reward staff for performance this year without waiting for regulators to issue updated guidelines on pay.

Reconciling Regulatory Requirements in Cross-Border Derivatives Takes Center Stage

Both sets of regulations seek to fulfill the Group of 20 (G-20) derivatives reform agenda, announced at the 2009 Pittsburgh Summit, which includes regulating dealers, clearing and trading (including trade reporting), mitigating systemic risk and protectin

C-Suite Sees Market Abuse as Key Target for Regulators in 2015

Market abuse is expected to be one of the primary focuses of regulators in the coming year

Catalan ex-premier tells court that secret fortune came from his father

Jordi Pujol testifies before judge investigating money he kept hidden in Andorra

‘Absurd’ Mifid II bombshell could hit investment trust demand

The news that under MiFID II, the European Securities and Markets Authority intends to bring in additional requirements for the distribution of closed-end funds to retail investors, has been met with anger.

UK bank holds on to Africa future

The African continent remained part of Standard Chartered’s consumer banking plans even as the lender reviewed its global branch network, the British bank that has operated in Africa for more than 150 years said yesterday.

Percentile wins FinTech Trailblazer award

In their third year, the Tech Trailblazer Awards are specifically designed for start-ups and are judged by a global panel of technology experts as well as the voting tech public.

New Statutory Regime for the Gibraltar Financial & Professional Services Market

It will work in a way that facilitates innovation in financial and professional services and speed to market, both now and in the future, whilst at the same time strengthening it in various areas.

How will full charges disclosure affect your firm?

The rules, which will come into force in January 2017 as part of MiFID II, will mean private client investment managers have to disclose all costs to their customers.

European Regulators Pressure Big Banks to Increase Capital

European regulators are turning up the pressure on large banks to raise more capital

Gibraltar ‘very well positioned’ for fully-flexible QROPS

Following this, in January, the Malta Financial Services Authority issued new financial regulations

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