Managers of Wealth - Europe http://eubankers.net/ Fri, 03 Apr 2020 13:02:09 BST part of MediaG8way Group http://eubankers.net/ http://eubankers.net/assets/images/logo.png Managers of Wealth - Europe KohanaPHP UBP launches new frontier market strategy News Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79854/ubp-launches-new-frontier-market-strategy The fund aims to take advantage of the attractive return potential offered by investments in frontier markets, due to risk premiums overestimating default probabilities and underestimating recovery values as well as to the window of opportunity offered by Wealth and Asset Management Van Lanschot Kempen postpones 2019 dividend payment News Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79863/van-lanschot-kempen-postpones-2019-dividend-payment Van Lanschot Kempen aims to sustainably preserve and create wealth for its clients Wealth and Asset Management Gendered financial inequality in light of Covid-19 - comment from Close Brothers News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79829/gendered-financial-inequality-in-light-of-covid-19-comment-from-close-brothers Female workers are twice as likely to have less than £5,000 in workplace savings compared to their male Wealth and Asset Management EFG to nominate board of directors chair and two members News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79836/efg-to-nominate-board-of-directors-chair-and-two-members At this year’s Annual General Meeting, EFG’s Chair of the Board of Directors, John Williamson, has decided not to stand for re-election. Wealth and Asset Management Millennials drive asset managers to change course on ESG News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79843/millennials-drive-asset-managers-to-change-course-on-esg Some reports have suggested £5trn globally is expected to be handed down to the next generation over the next few years. Wealth and Asset Management Covid-19: Relaxation of Directors' Duties News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79844/covid-19-relaxation-of-directorsamp039-duties This is undoubtedly good news for directors who are having to respond to the fast moving challenges posed by the COVID-19 pandemic Wealth and Asset Management We are delighted to announced we have been nominated at the 2020 Citywealth Brand Management and Reputation Awards News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79846/we-are-delighted-to-announced-we-have-been-nominated-at-the-2020-citywealth-brand-management-and-reputation-awards ZEDRA is focused on building a strong digital presence. Wealth and Asset Management Shifting ground: Corporate governance for real estate clients in light of COVID-19 News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79848/shifting-ground-corporate-governance-for-real-estate-clients-in-light-of-covid-19 The preservation of value, as well as the safety of tenants and visitors, is coming into focus in the current climate. Wealth and Asset Management COVID-19 special: Spotlight on sectors News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79788/covid-19-special-spotlight-on-sectors The Nikko AM team has provided a brief outline of some of the issues that we see across the major sectors. Wealth and Asset Management Swiss bank Vontobel plans to open Milan office, eyes business after epidemic News Aggregation Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79800/swiss-bank-vontobel-plans-to-open-milan-office-eyes-business-after-epidemic Vontobel’s wealth management business for Italian clients, previously managed out of Zurich as well as from Italian-speaking Locarno and Lugano in Switzerland, will be handled by a larger team it wants to build up in Milan. Wealth and Asset Management Clarus Capital strengthens team News Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79853/clarus-capital-strengthens-team Senior banker Is leaving an independent asset manager to join Clarus Capital. Executive Moves Seven Investment Management senior staffer resurfaces at Quilter News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79825/seven-investment-management-senior-staffer-resurfaces-at-quilter He is a CFA charterholder and started his career in investment banking at Goldman Sachs Executive Moves Friedrich Graf von Westphalen hires three-partner team to launch in Berlin News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79828/friedrich-graf-von-westphalen-hires-three-partner-team-to-launch-in-berlin German independent targets capital's start-up scene with fourth German office Executive Moves Banking and Finance and Funds teams welcome senior associate promotions in Luxembourg News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79847/banking-and-finance-and-funds-teams-welcome-senior-associate-promotions-in-luxembourg Before joining Ogier in 2019, Milan worked in the investment management team of another international law firm in Luxembourg. Executive Moves Refinitiv appoints head of digital solutions for wealth management News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79785/refinitiv-appoints-head-of-digital-solutions-for-wealth-management Charles Smith to lead ongoing digital transformation servicing wealth management firms and their advisors. Executive Moves M&G appoints veteran former Schroders investment boss to board News Aggregation Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79792/mampampg-appoints-veteran-former-schroders-investment-boss-to-board M&G has appointed fund veteran Massimo Tosato to its board as a non-executive director and chair of subsidiary M&G Group Limited. Executive Moves Troy promotes Citywire A-rated research boss to board News Aggregation Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79793/troy-promotes-citywire-a-rated-research-boss-to-board The firm's head of research was made one of its nine directors on Monday. Executive Moves Global Business Service Provider Vistra Expands Support to Private Equity News Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79746/global-business-service-provider-vistra-expands-support-to-private-equity These ongoing efforts show our commitment to providing a single-source solution in the private equity space, including the ability to support a growing need to outsource Executive Moves Heartwood's £4bn MPS architect exits after decade News Aggregation Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79751/heartwoodamp039s-amppound4bn-mps-architect-exits-after-decade Carter, who had led the firm's investment management operation since 2008, has left to pursue 'new challenges'. Executive Moves AJ Bell axes BNY fund from buylist as Clay quits News Aggregation Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79757/aj-bell-axes-bny-fund-from-buylist-as-clay-quits “We have removed the ‘buy’ rating from the fund and taken it out of our portfolios and off the favourite funds list.” Executive Moves Norton Rose calls on staff to work a four-day week News Aggregation Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79856/norton-rose-calls-on-staff-to-work-a-four-day-week UK law firm first to ask staff to cut back hours after taking similar action during financial crisis Legal, Regulation & Compliance Ask for a selfie: UK financial watchdog eases rules in pandemic News Aggregation Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79860/ask-for-a-selfie-uk-financial-watchdog-eases-rules-in-pandemic Restrictions on non-essential travel affect a firm’s ability to make compulsory anti-money laundering checks on customers, but Woolard said firms can be flexible. Legal, Regulation & Compliance U.K. Regulator Fines KPMG, Partner for Audit Failures News Aggregation Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79861/uk-regulator-fines-kpmg-partner-for-audit-failures Whilst the Decision Notice does not question the truth or fairness of the company’s FY2016 financial statements, the breaches of Relevant Requirements related to the audit of items which were material to the consolidated income statement, albeit the Legal, Regulation & Compliance Wills and Lasting Powers of Attorneys in the time of Coronavirus By Dhana Sabanathan, Partner at Winckworth Sherwood News Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79866/wills-and-lasting-powers-of-attorneys-in-the-time-of-coronavirus-by-dhana-sabanathan-partner-at-winckworth-sherwood Lasting Powers of Attorneys enable chosen individuals to step in and take action when someone loses capacity. Legal, Regulation & Compliance DeVere fined by Malta regulator News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79810/devere-fined-by-malta-regulator Spokesperson says the advisory firm intends to appeal Legal, Regulation & Compliance HMRC warns returning NHS staff to ignore tax avoidance schemes News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79811/hmrc-warns-returning-nhs-staff-to-ignore-tax-avoidance-schemes As promoters target those coming back to help fight the covid-19 outbreak Legal, Regulation & Compliance Covid-19 Lux Update: Exceptional Measures to Companies News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79812/covid-19-lux-update-exceptional-measures-to-companies Any Luxembourg company may hold any general meeting without a physical meeting Legal, Regulation & Compliance Denial of Tax Deduction on Interest and Royalties News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79813/denial-of-tax-deduction-on-interest-and-royalties Tax deductibility could be denied for parties in countries on the EU List of Non-Cooperative Jurisdictions for Tax Purposes. Legal, Regulation & Compliance Covid-19 Ireland Update: Electronic Signatures and Requirements for Original Documents News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79816/covid-19-ireland-update-electronic-signatures-and-requirements-for-original-documents These measures have also impacted the ability to host physical board meetings, which disrupts a company's or fund's ability to conclude transactions and/or launch new products Legal, Regulation & Compliance COVID-19 Governance: Proposed changes to English insolvency law News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79818/covid-19-governance-proposed-changes-to-english-insolvency-law As ever with emergency legislation intended to respond to a particular crisis, the Government will wish to ensure that any legislation does not give rise to unintended consequences Legal, Regulation & Compliance IQ-EQ unveils its innovative Investor Solutions offering video, powered by IQ-EQ Cosmos News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79824/iq-eq-unveils-its-innovative-investor-solutions-offering-video-powered-by-iq-eq-cosmos Data led decision making is as important as it is complex. FinTech Software providers CREALOGIX Switzerland and Fairgate AG join forces to provide comprehensive support to clubs and associations News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79842/software-providers-crealogix-switzerland-and-fairgate-ag-join-forces-to-provide-comprehensive-support-to-clubs-and-associations To extend its reach to clubs and associations, CREALOGIX Switzerland is making its financial module available to Fairgate customers. FinTech InvestSuite snaps up €2 million to grow its investment tools for banks and brokers News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79845/investsuite-snaps-up-ampeuro2-million-to-grow-its-investment-tools-for-banks-and-brokers Financial institutions are accelerating their digital transformation of wealth management as a result of increased regulation, lower profitability and a challenging macro-economic climate, growing competition from new players and more demanding digital-na FinTech The popular US stock trading app was set for a UK launch in the first three months of 2020 but has pushed back the date. News Aggregation Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79802/the-popular-us-stock-trading-app-was-set-for-a-uk-launch-in-the-first-three-months-of-2020-but-has-pushed-back-the-date Wander Rutgers, Robinhood’s UK chief, told AltFi back then that the plan was to launch in the UK in Q1 of 2020. FinTech European B2B Wealthtech Startup InvestSuite Raises €2 Million News Aggregation Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79762/european-b2b-wealthtech-startup-investsuite-raises-ampeuro2-million Financial institutions are accelerating their digital transformation of wealth management as a result of increased regulation, lower profitability and a challenging macro-economic climate, growing competition from new players and more demanding digital-na FinTech In Self-Isolation? Try these Free Online Courses for you and your Family News Team Sunday, March 29, 2020 12:00 am http://eubankers.net/article/79693/in-self-isolation-try-these-free-online-courses-for-you-and-your-family ModPo is a fast-paced introduction to modern and contemporary poetry, with an emphasis on experimental verse, from Emily Dickinson and Walt Whitman to the present. FinTech Cybersecurity tactics for the coronavirus pandemic News Team Sunday, March 29, 2020 12:00 am http://eubankers.net/article/79695/cybersecurity-tactics-for-the-coronavirus-pandemic The COVID-19 pandemic has presented chief information security officers (CISOs) and their teams with two immediate priorities. FinTech Apex Launches Digital Banking Platform For Asset Management Community News Team Friday, March 27, 2020 12:00 am http://eubankers.net/article/79660/apex-launches-digital-banking-platform-for-asset-management-community Launches in Ireland and the UK are set to follow shortly as the Group set its sights on a global rollout of the solution over 2020. FinTech Avaloq Ventures makes initial investment and partners with Assetmax to offer a multi-custody solution for banks News Team Thursday, March 26, 2020 12:00 am http://eubankers.net/article/79625/avaloq-ventures-makes-initial-investment-and-partners-with-assetmax-to-offer-a-multi-custody-solution-for-banks Assetmax offers one of the most efficient and complete selections of custodian interfaces for the Swiss wealth management market. FinTech Iress opens Coronavirus support hub News Team Thursday, March 26, 2020 12:00 am http://eubankers.net/article/79650/iress-opens-coronavirus-support-hub Visitors can access a range of guidance and tools including information on how to continue to support clients while working remotely FinTech Markets are not yet pricing the severity of this crisis correctly - Stephen Jones Kames Capital CIO News Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79855/markets-are-not-yet-pricing-the-severity-of-this-crisis-correctly-stephen-jones-kames-capital-cio The market is still not taking on board the second- and third-order impacts of the last six weeks’ worth of deterioration. Alternative Investments Loan fund Volta Finance cancels dividend as debt downgrades bite News Aggregation Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79865/loan-fund-volta-finance-cancels-dividend-as-debt-downgrades-bite The £114m Guernsey-domiciled debt fund described its move as an ‘appropriate and prudent action’. Alternative Investments Cash trapped in property funds hits £20bn as BlackRock & Schroders gate News Aggregation Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79858/cash-trapped-in-property-funds-hits-amppound20bn-as-blackrock-ampamp-schroders-gate The judgement that it was impossible to accurately value the portfolios follows the suspension of a large number of competing property funds earlier in March. Alternative Investments Investors reprice property equities as credit market risk intensifies News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79814/investors-reprice-property-equities-as-credit-market-risk-intensifies In the meantime, property companies’ market capitalisation fell from SEK 610 billion in the fourth quarter to SEK 423 billion, suggesting a shift from premium to discount. Alternative Investments Secondaries playing greater role in private equity investing in Europe News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79817/secondaries-playing-greater-role-in-private-equity-investing-in-europe Investors are attracted by the opportunity to diversify a variety of exposures Alternative Investments London homes worth up to £22million are being sold via VIRTUAL tours to high net-worth buyers News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79826/london-homes-worth-up-to-amppound22million-are-being-sold-via-virtual-tours-to-high-net-worth-buyers Buyers and sellers have also been urged to halt all property sales while the UK is on lockdown. Alternative Investments Deutsche Bank inks $3bn deal for CIP in Taiwan News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79830/deutsche-bank-inks-3bn-deal-for-cip-in-taiwan Deutsche Bank is also among 25 banks in the syndicate group of lenders to the project. Alternative Investments Investment Association statistics 'are a reminder of the benefits of diversification at any stage' – Willis Owen’s Lowcock News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79835/investment-association-statistics-amp039are-a-reminder-of-the-benefits-of-diversification-at-any-stageamp039-ampndash-willis-owenamprsquos-lowcock The past month has tested that theory at times, but broadly still holds now thanks to governments’ attempts to reassure markets. Alternative Investments JTC Acquires Leading Us Fund Administration Business Nes Financial News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79850/jtc-acquires-leading-us-fund-administration-business-nes-financial The acquisition, which is subject to relevant regulatory approvals, represents a key part of JTC’s ongoing growth strategy Alternative Investments Comment: Beware the secondary impacts of covid-19 for the insurance sector News Aggregation Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79775/comment-beware-the-secondary-impacts-of-covid-19-for-the-insurance-sector This is because the significant decline in treasury yields are being more than offset by higher credit spreads. In summary balance sheets are robust. Alternative Investments Jefferies Group CFO Dies Due To Coronavirus Complications News Aggregation Team Monday, March 30, 2020 1:00 am http://eubankers.net/article/79705/jefferies-group-cfo-dies-due-to-coronavirus-complications For over a dozen years, Peg has been our CFO and partner, and helped us build Jefferies from less than half its current size Investment Banking Banks Struggle To Ride To The Rescue In Europe's Cash Crunch Battle News Aggregation Team Wednesday, March 25, 2020 12:00 am http://eubankers.net/article/79590/banks-struggle-to-ride-to-the-rescue-in-europeamp039s-cash-crunch-battle Deutsche Bank and Commerzbank said on Monday they had received thousands of queries from mainly small and medium-sized business clients for the KfW credits. Investment Banking World’s five largest banks see investment banking revenue slide to $26.1bn News Aggregation Team Tuesday, March 24, 2020 12:00 am http://eubankers.net/article/79563/worldamprsquos-five-largest-banks-see-investment-banking-revenue-slide-to-261bn The banks take the role of underwriter, making sure that bonds or stocks are competitively priced and sold. Investment Banking Barclays Warns It’s Very Unlikely to Hit Profitability Goal News Aggregation Team Thursday, March 19, 2020 12:00 am http://eubankers.net/article/79439/barclays-warns-itamprsquos-very-unlikely-to-hit-profitability-goal Oversea-Chinese Banking Corp. expects revenue growth to be “relatively muted” this year as the outbreak slams economies. United Overseas Bank Ltd. said its bad-loan costs may be greater than it initially estimated. Investment Banking Royal Bank of Scotland: Howard Brown's Switcher to RBS News Aggregation Team Tuesday, March 17, 2020 12:00 am http://eubankers.net/article/79340/royal-bank-of-scotland-howard-brownamp039s-switcher-to-rbs Marking his first return to the world of advertising, since he made a cameo in an advert for Hotels.com, to emphasise how easy it is to switch banks, RBS has got Brown to do so, in a public way. Investment Banking Societe Generale: Availability of the report on corporate governance News Team Friday, March 13, 2020 12:00 am http://eubankers.net/article/79280/societe-generale-availability-of-the-report-on-corporate-governance Availability of the report on corporate governance Investment Banking Natixis shares hit on H2O losses - reports News Aggregation Team Friday, March 13, 2020 12:00 am http://eubankers.net/article/79297/natixis-shares-hit-on-h2o-losses-reports Owns 50.1% stake in beleaguered asset manager Investment Banking Coronavirus layoffs coming soon to a bank near you News Aggregation Team Wednesday, March 11, 2020 12:00 am http://eubankers.net/article/79210/coronavirus-layoffs-coming-soon-to-a-bank-near-you While ML's cuts were some of the most memorable of the Asian crisis, they weren't unique. In a reminder that smaller banks and boutiques can be more vulnerable to 'events' than large ones. Investment Banking Goldman Sachs warns coronavirus will push UK into recession News Aggregation Team Friday, March 06, 2020 12:00 am http://eubankers.net/article/79091/goldman-sachs-warns-coronavirus-will-push-uk-into-recession Due to the outbreak of coronavirus the banks economists have outlined a range of responses which includes two cuts in interest rates by the Bank of England by May 2020. Investment Banking Clydesdale to re-open claims on failed offshore investment News Aggregation Team Friday, March 06, 2020 12:00 am http://eubankers.net/article/79119/clydesdale-to-re-open-claims-on-failed-offshore-investment It was as a result of this initial review that many investors were told their claim would not be accepted. Investment Banking "There’s a huge risk that some financially vulnerable members will end up in the hands of pension scammers" News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79831/ampquotthereamprsquos-a-huge-risk-that-some-financially-vulnerable-members-will-end-up-in-the-hands-of-pension-scammersampquot In addition, as a direct result of COVID-19, we would expect to see more schemes impose statutory reductions to transfer values to reflect their worsening funding position and protect their overall finances. Comment, Analysis & Research March market report: How the world has changed in a month News Aggregation Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79837/march-market-report-how-the-world-has-changed-in-a-month Official infection rates in the US and Europe have now overtaken China and containment efforts through social distancing and quarantines are in effect in all major countries. Comment, Analysis & Research IT teams: In the eye of the storm - the importance of remaining calm News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79849/it-teams-in-the-eye-of-the-storm-the-importance-of-remaining-calm When it comes to reassuring clients, we must first be able to demonstrate we are able to work remotely Comment, Analysis & Research Is business-as-usual possible for advisers working from home? News Aggregation Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79777/is-business-as-usual-possible-for-advisers-working-from-home One firm says it is inevitable that covid-19 will ‘substantially slow down our business’ Comment, Analysis & Research Willis Owen reveals the best & worst sectors and funds in March 2020 News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79786/willis-owen-reveals-the-best-ampamp-worst-sectors-and-funds-in-march-2020 March was a month to forget for most investors, with some of the worst falls seen for more than a decade. Comment, Analysis & Research Are family businesses better prepared to survive during economic turmoil? News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79789/are-family-businesses-better-prepared-to-survive-during-economic-turmoil The trend towards low spending is typically explained by the fact that the family is footing the bill of an expenditure. Comment, Analysis & Research Investment banking: a problem child for UBS and Credit Suisse News Aggregation Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79736/investment-banking-a-problem-child-for-ubs-and-credit-suisse The unit is said to have earned around $ 120 million for the bank last year from trading speculative junk bonds, as Reuters wrote. Comment, Analysis & Research 'Consumer confidence will reach record lows, with a drastic effect' - comment on UK consumer confidence figures from Close Brothers News Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79744/amp039consumer-confidence-will-reach-record-lows-with-a-drastic-effectamp039-comment-on-uk-consumer-confidence-figures-from-close-brothers In the coming months we expect consumer confidence to reach record lows which could have a drastic further negative effect on demand and spending. Comment, Analysis & Research Global Investment Committee Outlook News Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79748/global-investment-committee-outlook The near-infinite expansion of sovereign bond QE also is an incomparable shock to the system, almost like setting to maximum the electricity used to stimulate the brain of a comatose patient. Comment, Analysis & Research Banks should ‘hang heads in shame’ over little to no help with Covid-19 News Aggregation Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79750/banks-should-amplsquohang-heads-in-shameamprsquo-over-little-to-no-help-with-covid-19 One member said: “We haven’t had enough profit in the last three years as we are just about ticking over in a job I love.” Comment, Analysis & Research Tackling the coronavirus: OECD Forum on Tax Administration publishes actions that tax administrations are currently taking to support taxpayers News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79815/tackling-the-coronavirus-oecd-forum-on-tax-administration-publishes-actions-that-tax-administrations-are-currently-taking-to-support-taxpayers These include measures to address cash-flow concerns, difficulties in meeting reporting and payment deadlines and communication initiatives. Tax Putin’s Tax Hikes Compound Pandemic Angst for Wealth Managers News Aggregation Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79753/putinamprsquos-tax-hikes-compound-pandemic-angst-for-wealth-managers Some advisers say buy now, while others warn of double bottom Tax Ireland: Solving the Dutch VAT problem for CLO transactions News Team Tuesday, March 31, 2020 1:00 am http://eubankers.net/article/79769/ireland-solving-the-dutch-vat-problem-for-clo-transactions Structuring options allow for bankruptcy remoteness. Tax World Tax Advisor, featuring special COVID-19 section News Team Friday, March 27, 2020 12:00 am http://eubankers.net/article/79673/world-tax-advisor-featuring-special-covid-19-section These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals. Tax Wealthy non-doms saved from Covid-19 tax traps as HMRC relaxes its rules News Aggregation Team Thursday, March 26, 2020 12:00 am http://eubankers.net/article/79615/wealthy-non-doms-saved-from-covid-19-tax-traps-as-hmrc-relaxes-its-rules Non-doms can now stay in Britain longer than normal before tax bills are triggered Tax LEBC calls upon HMRC to extend 2019-20 Tax Year and to help savers in wake of COVID-19 crisis News Team Wednesday, March 25, 2020 12:00 am http://eubankers.net/article/79584/lebc-calls-upon-hmrc-to-extend-2019-20-tax-year-and-to-help-savers-in-wake-of-covid-19-crisis As with so many businesses, LEBC has closed its offices and switched its staff to home working. Tax UK expat tax bills could skyrocket due to coronavirus lockdown News Aggregation Team Tuesday, March 24, 2020 12:00 am http://eubankers.net/article/79544/uk-expat-tax-bills-could-skyrocket-due-to-coronavirus-lockdown As non-residents hope ‘HMRC may be more lenient in its approach’ Tax COVID-19 Luxembourg Tax Administration Emergency Support Measures News Team Thursday, March 19, 2020 12:00 am http://eubankers.net/article/79447/covid-19-luxembourg-tax-administration-emergency-support-measures On 17 March 2020, the Luxembourg tax administration released a newsletter which details support measures for Luxembourg taxpayers who may be impacted by the COVID-19 pandemic. Tax Italian Authorities Threaten Tax Evaders With Big Data News Aggregation Team Wednesday, March 18, 2020 12:00 am http://eubankers.net/article/79398/italian-authorities-threaten-tax-evaders-with-big-data All actions are aimed at forcing tax evaders to reduce the volumes of tax evasion. Tax Why the UK thinks tech giants deserve a digital tax News Aggregation Team Wednesday, March 18, 2020 12:00 am http://eubankers.net/article/79399/why-the-uk-thinks-tech-giants-deserve-a-digital-tax There is a large consensus among lawmakers that tech titans can station their HQs to tilt taxes in their favor. Tax Citi, Morgan Stanley join European banks in pausing job cuts News Aggregation Team Sunday, March 29, 2020 12:00 am http://eubankers.net/article/79694/citi-morgan-stanley-join-european-banks-in-pausing-job-cuts The need for steep cuts at European banks is more acute, where such measures are a major piece in their plans to restore lacklustre profitability or bolster shareholder payouts Retail Banking The future of retail banking: trends and outlooks News Aggregation Team Wednesday, March 25, 2020 12:00 am http://eubankers.net/article/79574/the-future-of-retail-banking-trends-and-outlooks Challenger banks are still finding their business models and Open Banking services have hardly become mainstream yet. Retail Banking UK to raise contactless card payment limit to 45 pounds in April News Team Tuesday, March 24, 2020 12:00 am http://eubankers.net/article/79561/uk-to-raise-contactless-card-payment-limit-to-45-pounds-in-april Consumers who need to spend more than 45 pounds will still be able to use chip & pin cards and contactless payments via mobile phone, which are not limited because they use biometric technologies to verify the presence of cardholders. Retail Banking Metro Bank faces backlash over refusal to introduce fraud prevention measure designed to stop people losing millions to bank transfer scams News Aggregation Team Wednesday, March 18, 2020 12:00 am http://eubankers.net/article/79401/metro-bank-faces-backlash-over-refusal-to-introduce-fraud-prevention-measure-designed-to-stop-people-losing-millions-to-bank-transfer-scams Confirmation of Payee is being rolled out over the next month by banks Retail Banking Defunct bank's art sells for almost €65,000 News Aggregation Team Monday, March 16, 2020 12:00 am http://eubankers.net/article/79313/defunct-bankamp039s-art-sells-for-almost-ampeuro65000 The first collection of artworks in the online sale owned by the National Irish Bank were sold by Whyte's auction house last December, and made €30,000. Retail Banking RBS to provide extra £350m cash help to small firms hit buy Coronavirus News Aggregation Team Tuesday, March 10, 2020 12:00 am http://eubankers.net/article/79173/rbs-to-provide-extra-amppound350m-cash-help-to-small-firms-hit-buy-coronavirus Loan support will be added to additional help in Brexit impact fund Retail Banking Handelsbanken chief executive heads list of powerful women in Sweden News Aggregation Team Friday, March 06, 2020 12:00 am http://eubankers.net/article/79093/handelsbanken-chief-executive-heads-list-of-powerful-women-in-sweden The list has been published in connection with International Women's Day every year since then, and served as a barometer of the roles where women have succeeded in making it to the top. Retail Banking BNP Paribas emits governance-centered ESG index News Aggregation Team Friday, March 06, 2020 12:00 am http://eubankers.net/article/79098/bnp-paribas-emits-governance-centered-esg-index BNP Paribas' involvement with ESG and their focus on G incentivizes companies' governance behavior and motivates them to put more emphasis on maintaining a risk-management strategy. Retail Banking RBS switch scheme to be reformed News Aggregation Team Thursday, March 05, 2020 12:00 am http://eubankers.net/article/79065/rbs-switch-scheme-to-be-reformed Eleven small banks including Metro, Starling, Santander, Co-operative and TSB have signed up Retail Banking Banco Santandar Brasil Sells Superdigital to Banco Santandar Spain News Aggregation Team Monday, March 02, 2020 12:00 am http://eubankers.net/article/78954/banco-santandar-brasil-sells-superdigital-to-banco-santandar-spain This is yet another initiative that strengthens the Santander Brasil´s ecosystem, bringing even more synergy between the businesses, providing expansion of the portfolio of products and services with a focus on the continuous improvement of service Retail Banking 10 Years of Rising State Pension Age News Team Wednesday, March 25, 2020 12:00 am http://eubankers.net/article/79601/10-years-of-rising-state-pension-age 77,500 extra people are claiming the State Pension. Pensions LEBC reacts to proposed pension tax break cuts News Aggregation Team Tuesday, February 11, 2020 12:00 am http://eubankers.net/article/78493/lebc-reacts-to-proposed-pension-tax-break-cuts Their pensions will be largely dependent on investment returns. Pensions Cross-border pension firm enters international Sipp market News Aggregation Team Tuesday, February 11, 2020 12:00 am http://eubankers.net/article/78500/cross-border-pension-firm-enters-international-sipp-market James King, managing director of Trireme Pension Services (Malta), said: “In an increasingly complex environment for UK expats in particular, Trireme provides access to a quality Sipp. Pensions Pension fund threatens to sack asset managers that ignore climate crisis News Aggregation Team Wednesday, January 29, 2020 12:00 am http://eubankers.net/article/78222/pension-fund-threatens-to-sack-asset-managers-that-ignore-climate-crisis The Bristol-based organisation also criticised the sector as “not fit for purpose”, reports The Guardian. Pensions Folksam, KLP and FPK invest via Nordic forest fund’s €500m funding round News Aggregation Team Wednesday, January 22, 2020 12:00 am http://eubankers.net/article/78057/folksam-klp-and-fpk-invest-via-nordic-forest-fundamprsquos-ampeuro500m-funding-round Folksam first invested €50m into the Silvestica Green Forest fund in 2017, while KLP invested €23.9m a year later. Pensions FCA statement on Assessing Suitability Review 2 News Team Tuesday, January 21, 2020 12:00 am http://eubankers.net/article/78052/fca-statement-on-assessing-suitability-review-2 The review is a key element of our wider strategy for the financial advice sector. Pensions More than £2.85bn languishes in Swiss pension accounts News Team Friday, January 17, 2020 12:00 am http://eubankers.net/article/77939/more-than-amppound285bn-languishes-in-swiss-pension-accounts deVere United Kingdom and deVere Switzerland, part of deVere Group which does business in more than 100 countries globally, say the trend has soared in the recent months. Pensions QROPS List – January 1, 2020 News Aggregation Team Thursday, January 09, 2020 12:00 am http://eubankers.net/article/77713/qrops-list-ampndash-january-1-2020 None of the remaining 26 financial centres hits triple figures, with Ireland trailing in third place with 68 QROPS, just ahead of Guernsey (66) and Jersey (65). Pensions What will the Government do on Pensions in the Budget? News Team Tuesday, January 07, 2020 12:00 am http://eubankers.net/article/77617/what-will-the-government-do-on-pensions-in-the-budget The manifesto promised simply to work on a sustainable long-term solution to the problem of providing social care by building cross-party consensus. Pensions Pension costs hurt CC profits as A&O leadership sees pay increases News Aggregation Team Thursday, January 02, 2020 12:00 am http://eubankers.net/article/77530/pension-costs-hurt-cc-profits-as-aampampo-leadership-sees-pay-increases The firm’s pension deficit stood at £284m at the end of the financial year, slightly up on £283m the previous year Pensions Wealth Creators Post Brexit News Team Tuesday, March 10, 2020 12:00 am http://eubankers.net/article/79182/wealth-creators-post-brexit There are other aspects such as the Right to Property, which is not un-useful but the cases in which this has helped are slim. Brexit Private Banking Insights: why HNW clients fear Brexit News Aggregation Team Friday, February 21, 2020 12:00 am http://eubankers.net/article/78774/private-banking-insights-why-hnw-clients-fear-brexit Citywire’s Alex Foster chats with some of the sector's leading names about the challenges their clients face. Brexit How will the EU reshape fund managers’ regulations after Brexit? News Aggregation Team Monday, February 17, 2020 12:00 am http://eubankers.net/article/78638/how-will-the-eu-reshape-fund-managersamprsquo-regulations-after-brexit UK fund managers fear Brussels could shift goalposts and compromise third-country access Brexit Brexit further complicates US, EU and China trade relations News Aggregation Team Wednesday, February 12, 2020 12:00 am http://eubankers.net/article/78529/brexit-further-complicates-us-eu-and-china-trade-relations Each side naturally likes to project itself as being in a strong position, but in fact all parties are feeling vulnerable Brexit Brexit Business Brief | The UK exits: 20 quick things you should know News Team Thursday, January 30, 2020 12:00 am http://eubankers.net/article/78278/brexit-business-brief-the-uk-exits-20-quick-things-you-should-know The next edition will look at the EU and UK opening positions ahead of the trade negotiations. Brexit ECB’s Lagarde Says She’ll Listen to Citizens, Pleads for Unity News Aggregation Team Friday, January 17, 2020 12:00 am http://eubankers.net/article/77927/ecbamprsquos-lagarde-says-sheamprsquoll-listen-to-citizens-pleads-for-unity We will try to talk in a language that everyone can understand. Brexit Advisers warned of new no-deal Brexit dangers News Aggregation Team Friday, January 03, 2020 12:00 am http://eubankers.net/article/77559/advisers-warned-of-new-no-deal-brexit-dangers Mr Brookes said the shock to trade relationships, legislative frameworks and logistical chains could have "painful short-term ramifications". Brexit Jersey to reforge business links as UK prepares to renegotiate free trade deals: Brexit News Aggregation Team Thursday, January 02, 2020 12:00 am http://eubankers.net/article/77522/jersey-to-reforge-business-links-as-uk-prepares-to-renegotiate-free-trade-deals-brexit Once the UK leaves the EU, Jersey's approach to external trade will need to continue to adapt, and that is why Jersey is building capacity and investing resources in this field. Brexit Goldman and JPMorgan tweak repo operations to limit Basel impact News Aggregation Team Sunday, December 29, 2019 12:00 am http://eubankers.net/article/77464/goldman-and-jpmorgan-tweak-repo-operations-to-limit-basel-impact Banks crucial to short-term lending market find fresh ways to trade it Brexit Brexit means Brexit? Not quite… News Team Monday, December 23, 2019 12:00 am http://eubankers.net/article/77369/brexit-means-brexit-not-quiteamphellip Regardless of what shape Brexit will take, the UK is most likely to retain a pre-eminent status as a ‘go to’ destination for wealthy individuals and families Brexit ESG engagement in private equity is rising: survey News Aggregation Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79859/esg-engagement-in-private-equity-is-rising-survey The survey, now in its fifth year, aims to monitor the current level of engagement at both the General Partner (GP) and underlying portfolio company level. Planet SOS Coronavirus pandemic will drive responsible (ESG) investing ‘skywards’ News Team Friday, March 27, 2020 12:00 am http://eubankers.net/article/79670/coronavirus-pandemic-will-drive-responsible-esg-investing-amplsquoskywardsamprsquo Mr Green comments: “The coronavirus pandemic will trigger a ‘skyward surge’ in sustainable, responsible and impactful investing over the next 12 months for three key reasons. Planet SOS Fast pandemic response could tackle climate crisis News Aggregation Team Friday, March 27, 2020 12:00 am http://eubankers.net/article/79669/fast-pandemic-response-could-tackle-climate-crisis Societies worldwide are changing overnight to meet the coronavirus threat. The climate crisis should match the rapid pandemic response. Planet SOS Barclays Adds ESG Assessment and Indicators to Fundamental Research News Team Tuesday, March 24, 2020 12:00 am http://eubankers.net/article/79565/barclays-adds-esg-assessment-and-indicators-to-fundamental-research Fundamental Environmental, Social, Governance (“ESG”) Research will offer clients multi-dimensional analysis of ESG performance for companies under coverage, and assess how ESG attributes impact security pricing. Planet SOS Covid-19: a dress rehearsal for the climate emergency? News Aggregation Team Wednesday, March 18, 2020 12:00 am http://eubankers.net/article/79392/covid-19-a-dress-rehearsal-for-the-climate-emergency Since it was first detected in December 2019, the virus has spread rapidly, having been declared a Public Health Emergency of International Concern on 30 January 2020, and is now characterised as a pandemic by the World Health Organisation. Planet SOS World Water Day 2020: KBI Global Investors highlights 7 Water Investing Trends for decade ahead News Team Thursday, March 12, 2020 12:00 am http://eubankers.net/article/79257/world-water-day-2020-kbi-global-investors-highlights-7-water-investing-trends-for-decade-ahead Investors are increasingly shying away from carbon footprint heavy industries such as oil, gas and mining Planet SOS ESG performance analysis: supporting sustainable investing News Team Tuesday, March 10, 2020 12:00 am http://eubankers.net/article/79194/esg-performance-analysis-supporting-sustainable-investing To meet client demand for sustainable investing, investment managers need insight into potential investments’ scores across various ESG criteria Planet SOS The Budget is coming up: will we see a UK sovereign green bond? News Aggregation Team Monday, March 09, 2020 12:00 am http://eubankers.net/article/79144/the-budget-is-coming-up-will-we-see-a-uk-sovereign-green-bond With more governments around the world issuing green bonds, Maria Busca looks at whether HM Treasury will follow suit. Planet SOS What is the European Green Deal and will it really cost €1tn? News Aggregation Team Monday, March 09, 2020 12:00 am http://eubankers.net/article/79145/what-is-the-european-green-deal-and-will-it-really-cost-ampeuro1tn Nearly every major aspect of the European economy will have to be overhauled, from energy generation to food consumption Planet SOS Vanguard, JPMorgan named by campaigners among ESG ‘laggards’ News Aggregation Team Monday, March 09, 2020 12:00 am http://eubankers.net/article/79153/vanguard-jpmorgan-named-by-campaigners-among-esg-amplsquolaggardsamprsquo Research will be valuable to investors ‘looking to ask tough questions of asset managers’, says top consultant Planet SOS Chancellor strengthens support on offer for business as first government-backed loans reach firms in need News Aggregation Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79851/chancellor-strengthens-support-on-offer-for-business-as-first-government-backed-loans-reach-firms-in-need The Chancellor Rishi Sunak is today (Friday 3 April) taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. Covid-19 COVID-19: FCA proposes temporary financial relief for impacted customers News Team Friday, April 03, 2020 1:00 am http://eubankers.net/article/79862/covid-19-fca-proposes-temporary-financial-relief-for-impacted-customers The package is intended to complement measures already announced by the Government to support mortgage holders Covid-19 COVID-19: FCA 'Dear CEO' letter on regulatory approach News Team Thursday, April 02, 2020 1:00 am http://eubankers.net/article/79821/covid-19-fca-amp039dear-ceoamp039-letter-on-regulatory-approach The letter sets out the approach which the FCA will take to requests it receives from trade associations and/or individual firms for adaptations. Covid-19 Coronavirus: global economy could be in recovery mode within SIX MONTHS - but on two conditions News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79783/coronavirus-global-economy-could-be-in-recovery-mode-within-six-months-but-on-two-conditions Mr Green concludes: “The coming months will be extremely tough for many individuals, businesses and sectors, but there are also glimmers of hope that economic recovery might arrive relatively soon. Covid-19 The three phases of investing through a global pandemic - Jeremy Podger, Fidelity News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79784/the-three-phases-of-investing-through-a-global-pandemic-jeremy-podger-fidelity New names have been added to the portfolio, including staples and healthcare companies, putting cash to work while maintaining a reasonably balanced profile. Covid-19 The Coutts Guide to Getting Through Lockdown News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79787/the-coutts-guide-to-getting-through-lockdown But during this unprecedented period, we’re making available to all our clients – whether Silk cardholders or not Covid-19 The bull and bear cases for the stock market News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79797/the-bull-and-bear-cases-for-the-stock-market Technology can help with this approach in the form of smart phone apps that enable live mapping of the virus Covid-19 Don’t let bad news faze you and control what you can News Aggregation Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79803/donamprsquot-let-bad-news-faze-you-and-control-what-you-can Identify stress points such as inadequate income and reset of return expectations from different assets Covid-19 Coronavirus Surivial Guide For Wealth Manager News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79804/coronavirus-surivial-guide-for-wealth-manager Sustaining investor confidence, client retention and business survival should be the immediate priority for wealth managers in this coronavirus world. Covid-19 Standard Chartered launches US$50m COVID-19 assistance fund News Team Wednesday, April 01, 2020 1:00 am http://eubankers.net/article/79808/standard-chartered-launches-us50m-covid-19-assistance-fund Through individual country and regional efforts, Standard Chartered has already donated US$1.85 million to COVID-19 relief efforts to date. Covid-19