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

Global pension assets on the up

The research also shows the shift to alternative assets continues apace and marks two decades of considerable change in pension fund asset allocation globally.

Big banks are set up to ‘kill’ change, says founder of $2.5 billion fintech firm Monzo

“Human beings mostly focus on day-to-day payment processing.”

HMRC launches fewer dawn raids

HMRC raided 1,082 homes and businesses last year as part of criminal investigations into tax evasion, but the numbers of unannounced visits are falling as the tax authority has access to more targeted information

Why Cognizant Is Buying EI-Technologies

And the planned acquisition requires advance consultation with the relevant works councils.

Santander fintech guru trades punk rock for asset management

Mariano Belinky brings his disruptive tactics to the bank’s fund arm

What does Brexit mean for the Qrops overseas transfer charge?

Just one of thousands of details that need to be clarified

How to Accelerate Business Change Using Data and AI

AI poses as many challenges as opportunities. Here are a few common characteristics we’ve seen among businesses that have realized success with data and AI.

New RBS boss Alison Rose to plot fresh path for the bank

Rose told staff on her first day in the job she wants RBS to focus on “building financial skills and confidence,” supporting British businesses, and taking “bold” action on climate change.

Unexplained Wealth Orders: Will Zamira Hajiyeva’s appeal open the floodgates?

John Binns, partner in the Financial Crime team at BCL Solicitors, discusses the implications of the appeal against Unexplained Wealth Orders (UWO)

City biz support jobs axed again as Taylor Wessing makes 28 redundant

This has been a result of the high degree of professionalism displayed by everybody involved in the consultation process.

Coronavirus - an interview with Sanlam's CIO

Life is full of unpredictable shocks, and companies which operate prudently with solid balance sheets are well prepared for the unknown.

Review of the week - Pandemics and infodemics

The Wuhan virus continues to spread, pushing stock markets lower and freaking people out the world over. We have more to fear from a misinformation and panic, notes chief investment officer Julian Chillingworth.

UK trading apps up to 20x cheaper than incumbents

This research also strikes a note of caution for anybody tempted by some of the new entrants riding in on the fintech bandwagon.

Boris Bounce on hold? Swathes of London still in the doldrums

In Hammersmith & Chiswick over 55 per cent of prime properties are selling at a discount - typically 8.8 per cent off asking price.

Ten things to bear in mind for a country property purchase

Many country properties have a private water supply, either from their own land or from land belonging to a third party.

Bless you! by Tim Price

Similarly the ‘a-tishoo!’ is a symptom of plague, since victims supposedly sneezed when in the grip of the disease.

Reports to Danish regulator of suspect activities doubles in past year

The banks are not referring for referral's sake."

Exclusive: HSBC to axe senior managers in strategy shift - sources

While it was not clear how many jobs would go, the people said the planned move would mainly hit operations in London and to a lesser extent in Asia, which contributes nearly 90% of the bank's profits.

Brexit – what has happened and what comes next?

This would allow the UK to continue to trade with the EU without tariffs or quotas.

Schroders pension fund earmarks £800m to cashflow-driven strategy

Momentum Investment Solutions & Consulting independently advised the fund on the appropriateness of the strategy, which aims to generate sufficient cashflow by investing in more predictable assets to enable pension funds to meet their payments.

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