Wealth and Asset Management

AI helps ME wealth market catch up with the UK

Investec Fully Integrates Swiss M&A Advisor

Scottish wealth management firm acquires consultancy

Azalea Wealth Management, Hartlepool, opens new office

J.P. Morgan Private Bank confirmed as Northern Leaders sponsor

Santander’s Openbank launches crypto trading in Germany, eyes Spain

Executive Moves

M&G Wealth platform CEO joins consultancy firm’s board

José Manuel Campa resigns as Chairperson of the EBA

Lombard Odier appoints Sophie Dworetzsky as Head of Wealth Planning UK

Bauer exits M&G for fixed income role at RLAM

Finli hires new chief commercial officer as Goldthorpe stands down

Allianz Suisse Change in management

Legal, Regulation & Compliance

FCA figures show only a third of retirees access pensions with advice

Europe's maze of bank regulation needs to be simplified

FCA launches £1 million campaign to raise awareness of motor finance compensation scheme

ECB consults on managing legacy NPEs in less significant institutions

One in four wealthy people plan to leave pensions to family, but many are in dark about new IHT raid

BoE faces tricky balancing act as employee numbers fall while wage growth still high

FinTech

Swiss banks reach milestone: Deposit token makes blockchain-based payments fit for the future

Swift AI Innovation Creates Blueprint for Banks to Stop Fraud Faster Through Cross-Border Collaboration

How data-driven strategies are transforming asset management

LSEG rolls out blockchain-based platform for private funds

UK’s Digital Wealth Management Fintech Chip Reports £6M Investment at £208M Valuation

BTA Finance partners with Avaloq to modernise wealth management operations

Alternative Investments

EIF invests €30m in Luxembourg-based defence credit fund

Golding Infrastructure 2022« closes at €825 million, significantly above target

EBRD and EU launch green investments in the West Bank

Scottish Widows partners with Origo to speed LoAs

Aegon celebrates five-year anniversary of its Risk-Managed Portfolios

LSEG launches Digital Markets Infrastructure platform for private funds, and facilitates first transaction

Investment Banking

UBS shifts senior tech banker Lynch across to financial sponsors team

Dutch state to cut ABN Amro stake to around 20%

The next takeover poker is about to be decided

EBRD exits Bank of Cyprus

Crédit Agricole CIB closes landmark advisory and financing for the Haweswater Aqueduct Resilience Programme (HARP)

UniCredit further converts into shares part of its synthetic position in Commerzbank also increasing its voting rights to around 26%

Comment, Analysis & Research

What’s your number? Valuing your business and defining your exit strategy

UK open for tech business, as Google underscores market's attractiveness with £5bn investment

Reinventing Mass Affluent banking: A call to action for European banks

Gen Z turns back on property to build wealth, Revolut survey claims

Citi's London office overhaul costs hit US$1.5bil

GDP growth grinding to a halt again as budget uncertainty looms large

Tax

State pension 4.7% rise could lead to income tax woes

Reeves warned against 'self-defeating' and 'reckless' move leaving Brits to foot the bill

Additional taxation of banks would worsen Lithuania's investment climate, Nauseda warns

Pension savers rush to take 25% tax-free cash

Budget to be held on 26 November, Reeves confirms

Company loses tax case on the meaning of life

Retail Banking

Monument Bank has not ruled out London listing, CEO says

Lloyds Bank warns 'existing' customers to act within next 24 hours

France’s fiscal outlook deteriorates, but a full-blown crisis remains unlikely

Sabadell CEO expects BBVA to improve its offer for the bank

Lloyds closes in on £120m takeover of fintech Curve

UniCredit’s Commerzbank takeover unlikely, says German bank CEO

Pensions

ESG considerations driving food and drink industry acquisitions

Schroders Greencoat eyes deal for scandal-hit solar operator – reports

Pensions allowance tax charges hit record high

Pensions industry fires back at Opperman criticism

XPS partners with Abrdn to launch DB pensions master trust

Pension providers call for personalised advice rules

Planet SOS

Guernsey Sustainable Finance Seminar highlights urgency of climate adaptation and UK green growth

Switzerland signs agreements with Denmark on carbon storage

Power down: a wake-up call for Europe’s energy grid

UBS has withdrawn from the Net-Zero Banking Alliance

Standard Chartered and Brazilian State of Acre to bring high integrity carbon credits to market to support forest conservation

Columbia Threadneedle announces €50m first close of private markets impact fund