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

Hedge-Fund Divorce To Be Heard In London

Tan argued that the British had no jurisdiction over the 15-year-long marriage

Regulatory outsourcing service launched for foreign hedge funds in Europe

Sturgeon was the first regulatory incubator in the institutional space in the UK and we are leading the way once again by offering a full AIF service in Europe

Germany's Bundesbank opens door to QE in Europe

The European Central Bank could buy loans and other assets from banks to help support the euro zone economy

ECB tested as push-back against bank review rules begins

The European Central Bank’s determination to subject the euro zone’s largest banks to the same, rigorous checks is being tested, with countries lobbying for their banks to be treated differently and lenders asking for their workload to be ease

Fraudsters in fake uniforms target clients of Britain’s oldest bank

C Hoare & Co has alerted customers to the ploy and urged them to tighten security as it strengthens its own defences.

Contenders emerge to take Freshfields London corporate crown

Freshfields Bruckhaus Deringer has is about to kickstart the hunt for a London corproate head with former Asia managing partner Simon Marchant and deal-maker Julian Makin emerging as early frontrunners.

Bonuses are back: Will they ever learn?

Will bankers never learn? Not commercial bankers who played a major role in wrecking the economy, this time the regulators are embarking on the slippery path of greed and promises of a honey pot of bonus payments.

Risk ratings – how can clients be sure of what they’re getting?

Regulatory pressures on advisers to ensure investment recommendations are suitable for clients, particularly from a risk point of view, has resulted in a number of risk-rated, risk-targeted and risk-managed solutions appearing on the market.

Guernsey And AIFMD: Offering The Best Of Both Worlds

Fiona Le Poidevin explains why Guernsey provides an excellent platform for AIFMD compliant investments in Europe with all the options available to a financial centre outside the EU.

FCA tells hedge fund giants to show integrity

Hedge funds manage $470 billion in the UK, with 82% of the assets controlled by just 20 large firms

EU adds further 12 names to Russia and Crimea sanctions list - Harneys

Subsequently Russia completed its annexation of Crimea and the European Union issued further sanctions against more Russian and Crimean politicians and officials by supplementing CFSP 145 and Regulation 269 (under new Council Decision 2014/151/CFSP and Co

Prosecutors search German law firm in Deutsche Bank-Kirch case

German state prosecutors have searched the Frankfurt offices of law firm Hengeler Mueller in connection with Deutsche Bank's 12-year legal battle with the heirs of media mogul Leo Kirch

Fidelity lobbies FCA for exit charge ban

Execution-only platform Fidelity Personal Investing is calling for an outright ban on exit fees from all long-term savings products, and has promised to refund customers hit by the fees who move to its platform.

Ambassador sued for hiding his wealth

Three officials are sued over an alleged concealment of their wealth by the High Inspectorate of Declaration and Audit of Assets.

Sunday newspaper round-up: Life insurers, energy companies, supermarkets

The chief executives of some of Britain’s biggest life insurers have asked regulators to intervene after the Chancellor’s announcement of dramatic changes to the pensions market

EU leaders reach deal to complete banking union

Under new rules, troubled banks could be dealt with in a weekend instead of more protracted process

Deutsche Bank fails to end 4 U.S. lawsuits over soured mortgages

Deutsche Bank countered that buybacks were the only remedy, and that HSBC failed to identify which loans were covered

Treasury Sanctions Russian Officials, Members Of The Russian Leadership’s Inner Circle, And An Entity For Involvement In The Situation In Ukraine

The U.S. Department of the Treasury’s Office of Foreign Assets Control today designated sixteen Russian government officials, members of the Russian leadership’s inner circle, including a Russian bank pursuant to Executive Order (E.O.) 13661,

Russian Hacker Accused Of Raiding Swiss Banks Arrested In Bangkok

Farid ‘Diabl0’ Essebar, one of the creators of the Zotob worm, evaded the authorities for the last three years, and is accused of causing $4 billion worth of damage

Spain’s Rescued Banks Seen Facing Claims on $4 Billion Debts

Arbitrators appointed by the Spanish government are considering claims that might leave rescued lenders Bankia SA, NCG Banco and Catalunya Banc liable to pay compensation to individual investors who bought as much as 3.1 billion euros of junior debt.

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