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

FCA sets out new rules for the platforms industry

The Financial Conduct Authority has published rules to make the way that investors pay for platforms more transparent.

Bank of Ireland loses court battle with HMRC over subsidiary's £30m tax bill.

The case centred on the bank's transfer of a swap contract to another subsidiary

Addleshaw Goddard strengthens asset based lending capability

He joins Addleshaw Goddard from Eversheds

Deutsche Bank sued for $8bn over 'sexy, crazy trades'

A billionaire investor’s business was “destroyed by a tsunami”

Harlequin files for administration

The directors of Harlequin Management Services (South East) Limited have filed a notice of intention to appoint an administrator to the High Court of Justice.

EFG Private Bank reaches settlement with Financial Conduct Authority

EFG Private Bank is disappointed that shortcomings were found relating to the period December 2007 to January 2011, even though it has found no evidence that money laundering actually took place.

Norton Rose announces 33 global partner promotions ahead of US combination

For the second consecutive year, female partners accounted for a strong percentage of all promotions (42% this year and 44% last year).

Dechert, Quinn and Weil among revenue risers in growth year for US firms

All but seven saw their UK revenues rise in 2012

Three more banks to be punished by Financial Conduct Authority for Libor scandal

THE Financial Conduct Authority (FCA), the City’s new watchdog, expects to fine three more banks for Libor manipulation before the end of the year.

UK turns to court to fight euro zone transaction tax plan

They are concerned about the extra-territorial aspects of the (European) Commission's proposal,

SJ Berwin promotes five to partner worldwide

Recognising, developing and promoting talent within our firm is a key part of our growth strategy

Barclays Employee Named in Libor Case Departs

Clement Perrette, the former head of euro rates trading at Barclays, who was linked to the Libor scandal earlier this year in documents related to the regulatory investigation and a subsequent court case, has left the bank.

Italy's Police at JPMorgan in Milan to Get Documents on MPS Probe

Italian prosecutors are investigating complex structured-finance deals and Monte dei Paschi's 2008 acquisition of Antonveneta

Privacy and Mobile Apps: Risks and Recommendations - Pinsent Masons

The Working Party concluded by providing a list of minimum requirements each stakeholder must perform and provides further recommendations as to how the risks in this area can be averted and mitigated.

Clients take little notice of regulation, Hargreaves says

Discount broker sees record results from increased interest in DIY investing

Arjent seeks £2m from ex-management team in High Court

Arjent, the stockbroker and investment management firm, alleges a variety of misrepresentation and contract claims against Couch, chief operating officer Christopher Deacon and business development head Kevin Spear, Wealth Manager understands.

Linklaters client RBS loses CoA case against Highland Capital

The case is understood to have cost the bank in excess of £5m by way of legal fees since the litigation began in 2009

Ex-HSBC worker says bank information shows tax-evasion and money-laundering

Swiss authorities want Falciani, who has French and Italian citizenship, sent back to Switzerland to face charges of allegedly revealing secrets and breach of banking secrecy _ which could lead to a seven-year jail term.

Chinese banking giant puts legal panel in spotlight

It is understood that the company already operates a roster of advisers in Europe, with the panel in question covering the full range of practice areas.

Ex-Freshfields chief to join Rothschild as German boss

He will replace Rupert Hengster, who headed the group’s German base since the launch of the asset management arm in the country in 2010.

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