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

Russian tax authorities homing in on Deutsche Bank

Authorities were quoted as saying that the bank owed Russia 10 billion rubles 161 million euros, $171 million.

Swiss notice to Indian art curator on bank information request

India has been seeking "administrative assistance", including access to bank account details of the persons and the companies suspected to have stashed undisclosed funds in banks in Switzerland.

After Brexit, the UK tax system must not develop in isolation

The UK may be about to leave the EU but, in tax terms at least, it is not an island. Brexit and the evolving demands which will be placed on the UK tax system provide a once-in-a-lifetime opportunity to review tax policy and to create a tax system which i

U.K. Becoming ‘Prime’ Tax Haven: EU Panama Inquiry Vice Chair

The “mainland U.K. is also on its way to a prime tax haven,” he said.

Global InSight

It must also be demonstrated that the intentions of the relevant parties was always to apply the indemnity.

The next phase for part surrenders of offshore life bonds

A restitution process set to be introduced by HM Revenue and Customs later this year.

Deutsche Bank's Israel CEO detained over alleged tax fraud

The arrest is the latest scandal to beset the lender struggling to settle lawsuits and rebuild confidence after misconduct costs helped tip Frankfurt-based Deutsche Bank into two years of losses.

UK foreign secretary gives up American citizenship

The number of Americans surrendering their citizenship or long-term US residency is at an all-time high, according to the IRS.

New global exchange system to tackle tax avoidance

Over 100 countries to join Common Reporting Standard system

Reform can help HNWs save British business investment

But that’s hardly surprising.

EU Panama Papers Investigators to Hold Secret London Talks

The U.K. is “very relevant” on the topic of tax evasion due to the number of intermediaries linked to it through the Panama Papers

Spain targets HNWs over tax evasion as data-sharing goes live

The information will include investment income taxpayers earned over the year, such as interest, dividends, income from certain insurance contracts and annuities.

European Commissioner Recognises Cayman's Tax Transparency Regime

'Mr Moscovici assured us that it would be a fair screening process,' Minister Panton said.

Global investment flowing through tax havens grows by $700bn

The portion of global investment flowing through tax havens has risen by $700bn in two years, according to an analysis by ActionAid.

'The UK is a tax haven' – Bermuda attacks plan to end financial secrecy

Islands’ deputy premier hits back against British MPs’ attempt to force offshore companies to name their owners

The Deloitte US/UK M&A deal monitor

The UK remains highly attractive for US dealmakers.

Investec has 25% upside despite problems suggests HSBC

HSBC has raised its target to 710p from 580p, even though it reckons returns in its banking businesses are not acceptable.

Looking to Evade Tax in Ireland? You Need Luck of the Irish

If Ireland’s tax authority finds undisclosed offshore income.

Finance minister accuses UK of tax hypocrisy

Mr Richards, in an interview in The Guardian newspaper, pointed out that several states in the US, Bermuda’s main trading partner, did not have public registers.

Savers to be able to access £1,500 tax-free for pension advice

Pensions and savings decisions are some of the most important a person will make during their lifetime.