A lifestyle-driven tax, accounting and wealth management firm, has teamed up with Manchester United footballer Michael Owen.
The report claims that the presence of women in senior roles across the German banking sector was a contributing factor to the banking crash, alongside the bonus culture and lack of sufficient regulation.
The package, which will run alongside its existing independent advice model, is expected to be available in the market in Q2, and will offer a flexible, bespoke approach to what AXA Wealth currently offers by way of support and pricing.
The bloc's parliament and member states are approving a draft law to implement Basel III, global rules to toughen up bank capital and liquidity requirements from 2013 to plug regulatory gaps highlighted by the financial crisis.
The decision to set up a new business unit specialised in meeting the needs of professionals in sports and culture is predicated on the unique characteristics of this group, whose earnings potential is restricted to a short period of time.