Wealth and Asset Management

Citi wealth boss Andy Sieg denies claims he threw tirades, made execs cry: ‘Not accurate’

Digital natives are driving the evolution of private banking

Two Supervisory Organizations Join Forces

Del Vecchio’s Billionaire Heir Gets €350 Million From Indosuez

Van Lanschot Kempen: net profit of €67.8 million in H1 2025, with strong net AuM inflows of €4.6 billion

Pictet announces first half 2025 results

Executive Moves

UBS: New Head of Investments and Pension Solutions in Personal Banking

Peter Hofbauer appointed to The Crown Estate Board

UBS Wealth hires RBC Brewin Dolphin manager for Edinburgh bespoke arm

FCA announces new chair of Smaller Business Practitioner Panel

Appointment of David Claus as Group Head of Asset Servicing and termination of the Asset Servicing transaction with Apex Group

Robert Campbell appointed as sales director for DNS Group

Legal, Regulation & Compliance

Pension credit claims fall but rejection rates remain stubbornly high

TISA: Targeted support could ‘miss’ three out of four consumers without legislative fix to PECR and clarification of FCA rules

Sterling Could Be Vulnerable as BOE Rate-Cut Bets Look Conservative

Monetary developments in the euro area: July 2025

British Steel member scammed out of pension is denied compensation

The EBA updates data used for the identification of global systemically important institutions (G-SIIs)

FinTech

CaixaBank customers in Spain can now pay with installments when checking out with Apple Pay

UK emerging as prime destination for tech growth ahead of US, Europe and APAC despite persistent barriers to investment

Cyber attack on UK-based firm impacts Channel Island residents

FundBank Goes Live with Temenos to Power its Global Expansion into the U.S.

Aviva survey shows a quarter of people would consider using cryptocurrency as part of retirement plans

Evolving Transfer agency for digital age

Alternative Investments

ValidPath’s CBO programme created due to ‘lack of options for advisers looking to retire’

The Investment Association Partners with Streets Consulting to deliver essential Soft Skills

Chesnara eyes further M&A opportunities on the back of strong results

Changing the conversation on investing

Guernsey to forge more trade links with France

Lift-outs gain traction as managers refocus on core activities

Investment Banking

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%

Scottish National Investment Bank publishes annual report

UBS snaps up ‘oversold’ residential property and supermarkets

UniCredit Bank Romania merger with Alpha Bank Romania successfully completed

Mediobanca says next week's vote needed for investors to have a choice

Comment, Analysis & Research

ARC finds only 18% of wealth firms considering private markets

The retail revolution in private markets: What’s driving change?

Advisers see rise in use of deeds of variation to avoid IHT

Richest 10% of households hold almost half of country's wealth

Altiant global luxury and asset management (glam) monitor

Half of millionaires leaving charitable gifts in will

Tax

Overpaid pension tax claims jump 20% and ‘could get worse’

Thousands of pensioners claim back more than 10k after being overcharged

Experts warn Rachel Reeves’ rumoured property tax proposals could push more HNWs to leave UK

Frozen thresholds keep boosting tax receipts but Autumn Budget may demand more

Ningi launches IHT tool amid incoming changes

Accountancy firm adds third office in High Wycombe through acquisition

Retail Banking

Strategic considerations for non-Banks in the Swiss mortgage lending market in the next low interest rate cycle

Commerzbank to issue €500 million in callable non-preferred debt

Banks have closed more than one in three branches in the past five years

Santander lifts rates and cuts others, Molo trims BTL prices

Halifax named Defaqto Home Insurer of the Year

Coop Norway announces new core banking platform

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

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

The rise of ESG-linked incentives in European banking

Stronger growth and new product developments at radicant