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

PRAXISIFM acquires fiduciary and corporate governance consultancy

PRAXISIFM has acquired a fiduciary and corporate governance consultancy to enhance its presence in Switzerland and expand its operational footprint in Africa.

Axa Wealth on the market again

Axa’s UK life insurance and wealth investment units are reportedly up for sale, in a move that could see the French insurance giant net up to £700m ($997.8m, €875m).

Union Bancaire Privée completes its acquisition of Coutts activities in Asia

This is the final stage in the acquisition of Royal Bank of Scotland's international wealth management business which operated under the name Coutts. Its entities in Switzerland, Monaco and the Middle East became part of UBP in October 2015.

Panama papers haunt venerable private German bank

But the Panama Papers have brought to light some questionable business dealings with alleged drug traffickers, money launderers and terrorist financiers.

KYC3 is the choice of BNP Paribas Wealth Management

The company’s aim is to be the regtech that delivers the KYC experience of the future.

Does banking advice pose a threat to wealth managers?

For HSBC the latest initiative to drum up new business will be offering investment advice to people with smaller sums to invest.

JM Finn & Co wins prestigious award

The award for Best Discretionary Service at the 2016 City of London Wealth Management Awards was presented to JM Finn & Co at a ceremony at The Guildhall.

War on independence: New data reveals advisers set for restricted future

From a pre-RDR heyday, where independent advice was the dominant force in distribution, EY now predicts restricted advice will make up at least half of the market by 2020/21.

St. James's Place - The wrong chemistry

Many politicians around the world found themselves on the other side of the tax-dodging argument last week, as a data leak from the offices of Mossack Fonseca, a law firm in Panama, showed that a number of global political leaders (or those close to them)

Tilney Bestinvest wins Best Advisory Service at the City of London Wealth Management Awards 2016

The awards winners are voted for by the general public with integrity and independence the focus of the awards.

Deutsche Asset Management plans China and Asia expansion

Eilbeck said another major driving force for China markets would be the decision by MSCI in June on whether to include A-shares in its emerging market indices effective from 2017.

Lifetime Achievement Award Presented to Chris Macdonald

Sophie Raworth (BBC News) presented Chris Macdonald with the Lifetime Achievement Award at The Guildhall yesterday evening.

Jersey Finance statement in response to David Cameron announcement on 11 April 2016

“The agreement will mean very little change for Jersey since our regulations are already sufficiently robust. For more than 20 years we have had a central register of beneficial ownership from which we meet requests for information received from tax

Brooks Macdonald launches new Group Masterbrand as it celebrates 25th anniversary

Brooks Macdonald has launched a new corporate identity, which will bring together all of its subsidiary businesses under one Brooks Macdonald masterbrand. Brooks Macdonald’s Channel Islands based division, one of the largest investment managers in t

Wealthy Workers Choosing Risk Over Retirement

Wealthy professionals in the UK are rejecting the chance to retire at 65

Luxembourg-based wealth manager to acquire Insinger de Beaufort

International wealth managers are selling assets as the cost of regulation and client tax compliance crimps margins.

Aberdeen’s Martin Gilbert on the ‘glimmer of hope’ for the manager

The £290.5bn asset manager saw £9.1bn of outflows in the last three months of 2015, although this was a drop from the £12.7bn outflows the previous quarter.

Do small wealth firms still have a place?

The £600m combination marks a new level of deal

Aberdeen Asset Management on the attack as BP pay row hots up

News that one of the loss-making oil giant’s top 10 investors was planning to vote against it is likely to embolden other shareholders to register their anger at Thursday’s AGM.

It's not a crime to do business offshore

hang the rich, shut down offshore financial centres, and, if you’re an imperialist like Jeremy Corbyn, colonise them too.

Wealth and Asset Management