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

Burness bolsters banking team with former Lloyds in-houser

Burness Paull is the result of a merger between Scotland’s Burness and Aberdeen firm Paull & Williamsons

Banker wins lawsuit against Commerzbank

She is claiming more than 13 million pounds ($20 million) in compensation and damages will be set at a hearing on September 23 and 24.

Fate of Santander chief linked to new law

The decision may give the Bank of Spain more room to maneuver as it examines cases such as that of Saenz, the CEO of Spain’s biggest bank, because it adds new elements to the criteria for determining banker “honor.”

EU antitrust chief sees decisions in Libor probe by end of year

Regulators have been looking into charges that traders fixed the interest rates offered on the Euribor and Libor.

Investec warns investors of boiler room scam

Public were being cold called with the bogus offers

Lawrence Graham loses real estate lit chief to A&O

Prompted by a desire for a fresh challenge

Reed Smith adds to City structured finance team with CC partner

High volume of partner moves between firms’ structured finance practices

FSCS levies will 'fall within in two years'

Costs of failed life-settlement investment firm

Scandal-hit KPMG could face probe over HBOS audit

KPMG - already facing scandal in the US - is under renewed pressure with the audit regulator considering an investigation into how it examined the accounts of failed bank HBOS.

Senior RBS Executive in Japan Expected to Resign in Libor Scandal

The Securities and Exchange Surveillance Commission of Japan asked local regulators last week to issue a so-called administrative action against R.B.S., which is based in Edinburgh, after some of its traders attempted to alter a key benchmark rate for fin

Billionaire Sues FTI Over Soros Smear Campaign Claim

FTI said the claims were without merit.

A&O makes up 19 to partner around the world including six in London

This year's round comes after the firm made up 23 new partners in 2012, including nine female promotions. Just two of this year's new partners are women.

Austria finance minister turns heat on UK 'tax evasion'

Maria Fekter said the EU cannot force Austria to reform its banking secrecy laws without also forcing the UK to crack down on tax havens in its jurisdiction

Swedish regulator urges more transparency on risk weights

At issue now for many global regulators and investors is that letting banks use their own risk models to calculate the buffers they need could undermine the confidence-boosting effect of higher capital ratios.

Barclays analyst caught in email gaffe: We’re going to steal website’s ideas

Barclays has been accused of “inappropriate” behaviour

Online petition in Europe challenges tax havens

Years of spending cuts and tax rises in countries struggling to tame national debts have stoked public indignation about tax avoidance by the rich.

Mishcons takes two-partner private equity team from Dundas

They moved together to Dundas from legacy Hammonds in 2005.

UK signs tax deal with France, Germany, Italy and Spain

George Osborne has a signed an information exchange agreement with the finance ministers of France, Germany, Italy and Spain in the latest effort to crack down on tax evasion.

'Tax cheats’ warned as HMRC launches new disclosure facilities

The agreements were based, in part, on the principles of the Foreign Account Tax Compliant Act.

Study finds 40% of Harlequin investors want money back

Contractual completion dates for properties investors purchased through the £200m Harlequin Property scheme between 2008-10 were not met by two thirds of those surveyed

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