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

Schroders dumps PwC as its auditor after 57 years

Investors have intensified their focus on auditor independence in the aftermath of the financial crisis. Questions were raised about why the big four accounting firms

Ex-HSBC chief joins Brexit grouping

Michael Geoghegan’s stance is at odds with what the bank has been pushing for

Old Mutual share price: Worldpay backers mull bid for group’s wealth business

The Sunday Times reported yesterday that some of America’s biggest buyout funds were preparing bids for Old Mutual’s £4.5 billion wealth management arm.

A Credit Suisse wealth manager is accused of making rogue trades for 6 years just to keep his clients off his back

That wealth manager, who can't be named under Swiss law, now faces up to 10 years in jail for fraud

Novia partners with DFMs on new investment portal

Strategic partnerships have been signed with Marlborough, Smith & Williamson, Copia Capital Management, MitonOptimal and Tavistock Investments

UBS and Credit Suisse launch fintech accelerator

The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience.

Barnett eyes Old Mutual Wealth spinout

A public offering is likely should the business, which includes fund arm Old Mutual Global Investors, discretionary manager Quilter Cheviot and adviser network Intrinsic, not attract an individual buyer.

Julius Baer splits negative rates between bank, clients and advisers - NZZ

Swiss private bank Julius Baer has taken a "commercial approach" to negative interest rates, Chief Executive Boris Collardi told a Swiss newspaper, splitting costs between the bank, its customers and the employees who advise them.

Brewin Dolphin Rated Best Wealth Management Firm in Wales

Voting on the quality of services provided and investment propositions, the All Stars Awards are based on who advisers rate to be the UK’s top wealth managers.

‘The decision to break up allows us to access the right investors and markets’

The decision to break up the company was announced by new group chief executive, Bruce Hemphill, two weeks ago, because the constituent parts did not make sense as a single group.

Wealth management firm pulls out of takeover

It sought a deal that would have been paid by at least 50% in cash and the remainder in new shares in AFH or convertible loan notes in AFH.

Barclays launches 'Angel Hubs'

The partnership will see the bank and UKBAA- the trade body for angel and early stage investing- pioneer new Angel Hubs, by including local angel investors in Barclays’ new network of entrepreneurial spaces.

Safra Sarasin to Buy Credit Suisse Units in Monaco, Gibraltar

Both acquisitions are expected to be completed during 2016, subject to regulatory approval.

Wealth Matters: Death and Taxes by Penny Lovell

“In this world, nothing can be said to be certain, except death and taxes” Benjamin Franklin

Inflation: No smoke without fire - eventually? by Justin Urquhart Stewart

Anyone remember inflation? Those of a certain age may recall those dreadful days of flared trousers, kipper ties and double digit inflation.

UK wealth managers back in focus for overseas buyers

Demand for wealth management services has been driven by rising house prices; the new pension freedom rules, which allow people easier access to their long-term savings; and a thriving entrepreneurial culture.

High net-worth, older UK investors most cautious in Europe, while millenials more likely to invest in riskier assets

This figure was up from 29 per cent the year before, the worldwide survey of more than 5,370 high net-worth individuals across 19 countries found.

Our survey said by Tim Price

Most types of investment life forms participated, including pension funds, insurers, hedge funds and mutual funds.

Smith & Williamson man kills himself after affair

He worked for London-based investment bankers Smith & Williamson.

Neuberger Berman signs deal with private bank

Dik van Lomwel, regional head at Neuberger Berman said that the Italian market was important and that the deal was the latest collaboration with the bank since creating a private

Wealth and Asset Management