Managers of Wealth - Europe http://eubankers.net/ Fri, 22 Nov 2019 18:59:33 GMT part of MediaG8way Group http://eubankers.net/ http://eubankers.net/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Coutts Q4 Outlook News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76543/coutts-q4-outlook We debunk some of the most popular myths around managing wealth that we hear from clients. And we look at some key considerations around passing the wealth torch on from one generation to the next. Wealth and Asset Management Brooks Macdonald to acquire asset manager News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76557/brooks-macdonald-to-acquire-asset-manager The deal is in line with Brook Macdonald’s strategy to explore inorganic growth opportunities, alongside a continued focus on organic growth. Wealth and Asset Management Retirement dilemma: How much money do you really need? News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76502/retirement-dilemma-how-much-money-do-you-really-need Many of those under 55 in Britain don’t really know the answer to this age-old question, writes Penny Lovell Now don’t worry, this is not a column about dating advice. This is about another tricky question that we Brits seem singularly unwill Wealth and Asset Management Investec eyes £17.5 million wealth and banking cost cuts News Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76530/investec-eyes-amppound175-million-wealth-and-banking-cost-cuts Investec has identified further cost cuts of £17.5 million across its banking and Wealth & Investment businesses as it continues to work through a major restructure of the business. Wealth and Asset Management ‘Family is still at the heart of our brand’ - how family office Hottinger has evolved News Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76522/amplsquofamily-is-still-at-the-heart-of-our-brandamprsquo-how-family-office-hottinger-has-evolved Mark Robertson, CEO of Hottinger Group, talks about how the structure and function of the family office has evolved in recent years. Wealth and Asset Management Consolidator to seek £2bn in assets next year News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76528/consolidator-to-seek-amppound2bn-in-assets-next-year A national consolidator is set to enter the advice market next year with £2bn of client assets expected to be secured in the first quarter. Wealth and Asset Management New GPP Cheltenham office News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76529/new-gpp-cheltenham-office We are very pleased to announce the opening of our new Cheltenham office. Wealth and Asset Management Julius Baer Goes Live With Pilot of MarketAxess’ New Order & Execution Workflow Solution, Axess IQ News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76535/julius-baer-goes-live-with-pilot-of-marketaxessamprsquo-new-order-ampamp-execution-workflow-solution-axess-iq Axess IQ helps streamline order flow and enhance execution performance Wealth and Asset Management Veteran investors launch private investment office News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76480/veteran-investors-launch-private-investment-office The new firm has already secured over $600m in assets under management from its founders Wealth and Asset Management Embark buys Zurich platform News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76482/embark-buys-zurich-platform This acquisition will also enable Embark to develop retirement investment pathway solutions and underpin its workplace, pensions and savings propositions in 2020. Wealth and Asset Management Helena Morrissey joins St James’s Place board News Aggregation Team Saturday, November 23, 2019 12:00 am http://eubankers.net/article/76564/helena-morrissey-joins-st-jamesamprsquos-place-board Morrissey will take on the non-executive role at the wealth manager from January 2020 Executive Moves HSBC said goodbye to its digital transformation guru News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76571/hsbc-said-goodbye-to-its-digital-transformation-guru Insiders say his work has been distributed across the COO function. Executive Moves UBS hires senior Macquarie analyst after cuts News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76503/ubs-hires-senior-macquarie-analyst-after-cuts UBS has maintained one of the largest research divisions in Europe at a time when some competitors have been cutting back Executive Moves Sarah Peaston joins Marlborough as non-exec director News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76507/sarah-peaston-joins-marlborough-as-non-exec-director Peaston has also worked at Barclays Capital Securities, Goldman Sachs and Societe Generale. Executive Moves RPMI Railpen chooses new director of investments News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76512/rpmi-railpen-chooses-new-director-of-investments Before joining RPMI, Ms. Ostermann worked at the C$153.4 billion ($115.9 billion) British Columbia Investment Management Corp. Executive Moves Saga appoints new COO News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76464/saga-appoints-new-coo Agius, who has 25 years of experience in the insurance, retirements and pensions sector, will lead all aspects of the insurance business Executive Moves Hamberger to head e-FX at Credit Agricole News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76465/hamberger-to-head-e-fx-at-credit-agricole The bank's former global e-FX product manager is promoted Executive Moves JTC announces Geneva-based Head of Private Office News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76474/jtc-announces-geneva-based-head-of-private-office With extensive international private client experience over a career of some 25 years across Asia, Europe and South Africa, Matthias has expertise in administration, accounting and finance, investments, real estate, compliance, regulatory, legal and tax m Executive Moves Gilson Gray appoints family law expert to growing team News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76486/gilson-gray-appoints-family-law-expert-to-growing-team He is a former partner and head of family law at Turcan Connell, and will tap into his knowledge in his new role working with the family law team at Gilson Gray. Executive Moves Brooks Macdonald hires new Head of North News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76487/brooks-macdonald-hires-new-head-of-north “It is a pleasure to welcome Jonty to the team and his industry experience will be a real asset to our Manchester and Leeds teams." Executive Moves MEP Casa calls on UAE to fully cooperate on 17 Black News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76536/mep-casa-calls-on-uae-to-fully-cooperate-on-17-black 'Clear that 17 Black case is connected to murder' Legal, Regulation & Compliance EBA publishes its roadmap on the risk reduction measures package News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76547/eba-publishes-its-roadmap-on-the-risk-reduction-measures-package These mandates are mainly focused in the areas of governance and remuneration, large exposures, resolution as well as reporting and disclosure. Legal, Regulation & Compliance Castle Trust warns brokers to beware after fraudsters clone lender News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76549/castle-trust-warns-brokers-to-beware-after-fraudsters-clone-lender Castle Trust is warning brokers to be extra vigilant after the lender was cloned by fraudsters. Legal, Regulation & Compliance City faces up to ‘dirty money’ through suspicious activity reports News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76553/city-faces-up-to-amplsquodirty-moneyamprsquo-through-suspicious-activity-reports A classic example of this is a modern slavery story that was featured in this month’s edition of SARs in Action, the UKFIU’s e-magazine . Legal, Regulation & Compliance Walkers' Guernsey Fund Finance Team Advise On £20 Million Facility News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76556/walkersamp039-guernsey-fund-finance-team-advise-on-amppound20-million-facility Walkers continues to expand its Guernsey investment funds and finance teams Legal, Regulation & Compliance ICO seeks direct powers under proceeds of crime law News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76558/ico-seeks-direct-powers-under-proceeds-of-crime-law The UK's data protection authority is seeking new powers to prevent criminals from profiting from data-related crime. Legal, Regulation & Compliance Vatican officials: Swiss bank suspected of money laundering led to Pell conflict News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76563/vatican-officials-swiss-bank-suspected-of-money-laundering-led-to-pell-conflict "Sometimes the Church must be able to help without being seen to be helping.” Legal, Regulation & Compliance WFW associates dismayed by treatment of partner who 'smacked bums' and 'rubbed PAs' News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76566/wfw-associates-dismayed-by-treatment-of-partner-who-amp039smacked-bumsamp039-and-amp039rubbed-pasamp039 The partner, whom RollOnFriday is not naming and will call 'Frotto', is alleged to have bullied junior male lawyers and been inappropriate with female staff. Legal, Regulation & Compliance ABN Amro failed to screen 5 million customers after 2010 Fortis merger: report News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76568/abn-amro-failed-to-screen-5-million-customers-after-2010-fortis-merger-report The Public Prosecution Service is scrutinizing the bank on the suspicion that ABN Amro did not report suspicious transactions on time or at all. Legal, Regulation & Compliance FCA: firms must work towards 2021 LIBOR transition deadline News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76567/fca-firms-must-work-towards-2021-libor-transition-deadline The key message from the FCA is that LIBOR transition is as much a governance and compliance issue as it is a legal one. Legal, Regulation & Compliance ABN Amro’s Hong Kong Division Introduces Tenemos’ Payment Technology News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76538/abn-amroamprsquos-hong-kong-division-introduces-tenemosamprsquo-payment-technology The new solution supports ABN Amro’s corporate banking business for large transactions. FinTech Cyber resilience News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76546/cyber-resilience The National Cyber Security Centre(link is external) provides a broad range of guidance on how firms can protect their information and systems FinTech Deploying ‘Industry 4.0’ technologies in Treasury News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76554/deploying-amplsquoindustry-40amprsquo-technologies-in-treasury As a growing number of financial operations move to ‘real-time’, Treasurers need to rethink how they organise and manage treasury functions ensuring that investment in technology can support seamless processes, efficiently. FinTech Benefits of AI | Axia News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76555/benefits-of-ai-axia It is also stated in the report that “a sizable number of frontrunners had launched an AI center of excellence, and had put in place a comprehensive, companywide strategy for AI adoptions that departments had to follow”. FinTech Quilter 'not scared' ahead of its re-platforming move News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76565/quilter-amp039not-scaredamp039-ahead-of-its-re-platforming-move Quilter platform Old Mutual Wealth (OMW) head of proposition marketing Jeremy Mugridge has said the team are "not scared" as it prepares re-platform from one technology to another. FinTech IBOS Association celebrates 25 years of growth News Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76518/ibos-association-celebrates-25-years-of-growth More recently this has included strengthening the web-based tools offered to member banks and looking at some of the new technologies which have been developed, particularly by European banks and fintechs, following the introduction of PSD2. FinTech Cyber security – a profession – really? News Team Tuesday, November 19, 2019 12:00 am http://eubankers.net/article/76453/cyber-security-ampndash-a-profession-ampndash-really Is the CISO role really the pinnacle of a profession? Will it be in the future, if not now? FinTech Fintech on a roll – but it’s not just about technology News Team Tuesday, November 19, 2019 12:00 am http://eubankers.net/article/76451/fintech-on-a-roll-ampndash-but-itamprsquos-not-just-about-technology Fintechs – the abbreviation combines “financial services” and “technology” FinTech English law recognizes cryptoassets and smart contracts News Aggregation Team Tuesday, November 19, 2019 12:00 am http://eubankers.net/article/76448/english-law-recognizes-cryptoassets-and-smart-contracts English law will now recognize cryptoassets as tradable property and smart contracts as enforceable agreements. FinTech EU Antitrust Officers Are Taking a opinion Into Apple Pay, iPhone NFC Chips News Aggregation Team Monday, November 18, 2019 12:00 am http://eubankers.net/article/76381/eu-antitrust-officers-are-taking-a-opinion-into-apple-pay-iphone-nfc-chips In an email commentary to Bloomberg, regulators confirmed the placement of work became as soon as monitoring “possible anti-aggressive market practices and abusive conduct” without naming Apple. FinTech IQ-EQ crowned ‘Fund Administrator of the Year’ at inaugural SuperReturn Awards News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76539/iq-eq-crowned-amplsquofund-administrator-of-the-yearamprsquo-at-inaugural-superreturn-awards IQ-EQ completed a number of transformational acquisitions throughout 2018 Alternative Investments Investors in most popular funds branded 'naive' News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76540/investors-in-most-popular-funds-branded-amp039naiveamp039 Mr Potter and his team run ten multi-manager funds — funds that invest in other funds on behalf of clients Alternative Investments Standish Management to acquire Luxembourg-based Halsey Group News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76544/standish-management-to-acquire-luxembourg-based-halsey-group Owen Kiely, Head of Europe at Standish Management, says: "We are delighted to welcome the Halsey Group team to Standish as the first step in our long-term strategy of expanding our global servicing capabilities. Alternative Investments Revealed: Winners of the Investment Company of the Year Awards 2019 News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76552/revealed-winners-of-the-investment-company-of-the-year-awards-2019 Honouring the best in closed-ended fund management Alternative Investments More ‘Daves’ than women running funds News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76505/more-amplsquodavesamprsquo-than-women-running-funds The regulator warned diversity had remained "consistently low" at industry level, with a female quota of approximately 17 per cent of FCA approved individuals. Alternative Investments Aviva shares drop as corporate shakeup leaves investors unimpressed News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76506/aviva-shares-drop-as-corporate-shakeup-leaves-investors-unimpressed Its shares hit one-month lows and were down 2.9 per cent at 406 pence at 0813 GMT, one of the worst performers in the FTSE 100 after it outlined its new strategy. Alternative Investments Aviva shares drop as strategy update leaves investors underwhelmed News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76510/aviva-shares-drop-as-strategy-update-leaves-investors-underwhelmed Aviva is folding Aviva Investors, its fund management arm, into a broader investments, savings and retirement division. Alternative Investments Psigma targets short duration as benchmark yields tumble News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76513/psigma-targets-short-duration-as-benchmark-yields-tumble The house has shortened duration exposure in its managed portfolios, on concerns around the sustainability of UK bond yields on current historical lows Alternative Investments Chartered adviser looks nationally for acquisitions News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76526/chartered-adviser-looks-nationally-for-acquisitions Meets high-net-worth demand for income-generating alternative investments Alternative Investments Cynergy Bank CFO on meeting challenges in financial services News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76466/cynergy-bank-cfo-on-meeting-challenges-in-financial-services Francesca Hampton, finance chief of the business-focused bank, reveals in an interview how experiences at RBS, Metro Bank and Co-Operative Bank shaped her career. Alternative Investments Could Metro Bank go bust? News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76469/could-metro-bank-go-bust As a rule, anything above 3 is pretty solid, while anything below 1.8 is a riskier prospect. Investment Banking An ex-SocGen structurer has a home for former bankers News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76470/an-ex-socgen-structurer-has-a-home-for-former-bankers Now, we’re opening a wealth tech platform to service our external asset managers and family offices clients and are looking to hire private bankers to be also able to service final clients in house Investment Banking Goldman Sachs has been showing its tech bankers a lot of love News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76473/goldman-sachs-has-been-showing-its-tech-bankers-a-lot-of-love It probably helps too that the technology sector was the most active for M&A globally in the first nine months of the year, and experienced the fastest growth. Investment Banking Deutsche Bank Using Robots to Replace 18,000 Workers In Radical Restructuring Plan News Aggregation Team Tuesday, November 19, 2019 12:00 am http://eubankers.net/article/76461/deutsche-bank-using-robots-to-replace-18000-workers-in-radical-restructuring-plan Part of an $8.3 billion overhaul in what CEO Christian Sewing called the “most comprehensive restructuring of our bank in two decades.” Investment Banking ABN Amro’s Q3 profit drops 24 percent on higher costs for client oversight News Team Monday, November 18, 2019 12:00 am http://eubankers.net/article/76393/abn-amroamprsquos-q3-profit-drops-24-percent-on-higher-costs-for-client-oversight Dutch finance minister Wopke Hoekstra said in September he would talk to banks about the consequences of negative interest rates, but resisted calls by politicians for an outright ban of them on smaller deposits. Investment Banking ECB Group hires UBS, Barclays as financial advisors for large HVO plant News Aggregation Team Tuesday, November 12, 2019 12:00 am http://eubankers.net/article/76227/ecb-group-hires-ubs-barclays-as-financial-advisors-for-large-hvo-plant Erasmo Battistella, head of the ECB Group, said on the sidelines of the BiodieselBR 2019 Conference in Sao Paolo that the company has bought the land for the plant near Assuncion and is finalising the project. Investment Banking European Investment Bank Expands Trade & Investment Insurance Benefits to West Africa News Team Tuesday, November 12, 2019 12:00 am http://eubankers.net/article/76262/european-investment-bank-expands-trade-ampamp-investment-insurance-benefits-to-west-africa Agreements for intended financing signed at African Investment Forum Investment Banking Credit Agricole third-quarter profit rises as its investment bank shines News Aggregation Team Friday, November 08, 2019 12:00 am http://eubankers.net/article/76158/credit-agricole-third-quarter-profit-rises-as-its-investment-bank-shines Revenue rose by 4.8% to 5.0 billion euros. Investment Banking Why Being Forced To Shrink Investment Banking Arm Was A Good Thing For RBS News Aggregation Team Thursday, November 07, 2019 12:00 am http://eubankers.net/article/76128/why-being-forced-to-shrink-investment-banking-arm-was-a-good-thing-for-rbs The large-scale reorganization plan was triggered by conditions imposed on RBS as a part of its bail-out at the peak of the recession as well as stricter regulatory changes in the wake of the downturn. Investment Banking Goldman’s journey: from high finance to the Mittelstand News Aggregation Team Thursday, November 07, 2019 12:00 am http://eubankers.net/article/76129/goldmanamprsquos-journey-from-high-finance-to-the-mittelstand Fighting to fix weak profits, the Wall Street bank is turning to smaller European companies Investment Banking How many wills is the way? News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76537/how-many-wills-is-the-way Anthea Stephens, Senior Associate, discusses the various options open to testators when drawing up a will or multiple wills to deal with multi-jurisdictional assets. Comment, Analysis & Research What Does the Future of Financial Advice Look Like? News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76541/what-does-the-future-of-financial-advice-look-like New tools, technologies and products are changing the landscape for both clients and advisors. Comment, Analysis & Research Panic on the streets of London by Tim Price News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76542/panic-on-the-streets-of-london-by-tim-price Viewers to this lightweight bout without contact were “treated” to a continuation of the largely pointless political polarisation and tribalisation that has transfixed the country for the past three years and counting. Comment, Analysis & Research 22 years’ savings gone in a day – scams warning News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76559/22-yearsamprsquo-savings-gone-in-a-day-ampndash-scams-warning Victims of pensions saving scams can lose the equivalent of 22 years’ savings in 24 hours. And education is no protection, experts have warned. Comment, Analysis & Research ‘Unchartered territory’ but RBC Wealth Management expects higher grounds for equities in 2020 News Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76516/amplsquounchartered-territoryamprsquo-but-rbc-wealth-management-expects-higher-grounds-for-equities-in-2020 While the economy is in the later stage of this expansion, like the early-cycle and mid-cycle phases before it, RBC Wealth Management thinks this stage could prove to be longer than usual. Comment, Analysis & Research International Adviser best practice winners announced News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76523/international-adviser-best-practice-winners-announced Who triumphed in our Best Practice Adviser Awards for the Middle East? Comment, Analysis & Research Challenger banks yet to overcome Brits’ lack of trust, study finds News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76525/challenger-banks-yet-to-overcome-britsamprsquo-lack-of-trust-study-finds Brits are more likely to bank with providers that use 5G and near-field communication, but are generally deterred by cryptocurrencies and artificial intelligence. Comment, Analysis & Research Coutts Q4 Outlook: Time To Plan News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76476/coutts-q4-outlook-time-to-plan Coutts has been looking after clients for over 325 years Comment, Analysis & Research Limbo-dancing by Guy Stephens, Rowan Dartington News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76477/limbo-dancing-by-guy-stephens-rowan-dartington The markets are understandably in limbo, suppressed from direction as a hung parliament is a distinct possibility with all parties saying they won’t do any coalition deals with anyone. Comment, Analysis & Research Global monetary policy: from divergence to convergence again? By Artur Baluszynski, Head of Research at Henderson Rowe News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76479/global-monetary-policy-from-divergence-to-convergence-again-by-artur-baluszynski-head-of-research-at-henderson-rowe Every tool that central bankers have tried to revive the global economy since 2009, including QE, is merely an attempt to modify the behaviour of investors, businesses and consumers. Comment, Analysis & Research Tax hacks: why tax will always (but shouldn’t) be central to winning a general election News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76472/tax-hacks-why-tax-will-always-but-shouldnamprsquot-be-central-to-winning-a-general-election It is only the 5pc we will ask to pay a little more. Tax Grant Thornton takes on £1.8m Staffline audit News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76494/grant-thornton-takes-on-amppound18m-staffline-audit AIM-listed recruitment group Staffline has hired Grant Thornton after PwC resigned the audit account in the summer over concerns about potential covenant breaches Tax How you can mitigate against paying inheritance tax News Aggregation Team Monday, November 18, 2019 12:00 am http://eubankers.net/article/76386/how-you-can-mitigate-against-paying-inheritance-tax In 2019/20 where the deceased leaves a residence, or the sale proceeds of a residence, there is a residence nil rate band of £150,000. Tax HNWIs fear tax rises News Aggregation Team Friday, November 15, 2019 12:00 am http://eubankers.net/article/76337/hnwis-fear-tax-rises The second is ETF model portfolio firm Algo-Chain’s Allan Lane who tells Philippa Aylmer how investors can gear up to face pre-Election market uncertainty with ETFs. Tax KPMG to slash Partner headcount despite making profit News Aggregation Team Thursday, November 14, 2019 12:00 am http://eubankers.net/article/76312/kpmg-to-slash-partner-headcount-despite-making-profit Among this sea of change, though, KPMG UK still seems to be on course to make a tidy profit in 2019. Tax Could this be the election where ‘non-dom’ tax status dies in a ditch? By Chris Etherington News Aggregation Team Wednesday, November 13, 2019 12:00 am http://eubankers.net/article/76277/could-this-be-the-election-where-amplsquonon-domamprsquo-tax-status-dies-in-a-ditch-by-chris-etherington While voters await the publication of the Labour and Conservative election manifestos, one anticipated battleground is the respective parties’ tax policies for the wealthiest in society. In particular, individuals benefiting from non-UK domiciled (& Tax Important tax considerations when de-enveloping UK property News Team Wednesday, November 13, 2019 12:00 am http://eubankers.net/article/76300/important-tax-considerations-when-de-enveloping-uk-property The new rules seek to eliminate the longstanding advantages of this practise. Tax Partner profit falls at scandal-hit Grant Thornton News Aggregation Team Tuesday, November 12, 2019 12:00 am http://eubankers.net/article/76231/partner-profit-falls-at-scandal-hit-grant-thornton The deal between the duo has since created an entity with a gross annual revenue of approximately £600 million. Tax Tax uncertainty facing the UK election is main concern for HNWIs News Aggregation Team Tuesday, November 12, 2019 12:00 am http://eubankers.net/article/76255/tax-uncertainty-facing-the-uk-election-is-main-concern-for-hnwis It is the uncertainty of what future tax legislation there may be and not being able to plan, rather than not wanting to pay their fair share of taxes. Tax Europeans scramble for bank access due to US threats News Aggregation Team Monday, November 11, 2019 12:00 am http://eubankers.net/article/76199/europeans-scramble-for-bank-access-due-to-us-threats The bank customers who received these letters were all "accidental Americans," people who automatically obtained US citizenship because they were born in the United States but who've lived their entire lives in Europe. Tax Bank of Scotland launches guide for Scottish businesses News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76551/bank-of-scotland-launches-guide-for-scottish-businesses More than two million new businesses have been created since 2000, and around 400,000 are currently springing up every year. Retail Banking Profits fall at Nationwide News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76575/profits-fall-at-nationwide Whilst the economic outlook remains uncertain, we expect the current low interest rates and competition in our core markets to continue. Retail Banking Best Bank Awards: Danske Bank News Aggregation Team Thursday, November 21, 2019 12:00 am http://eubankers.net/article/76531/best-bank-awards-danske-bank Danske is voted Best bank for Scandinavian currencies at the 2019 FX Week Best Bank Awards Retail Banking Bank of China brokers deal to buy €155m Goodbody News Aggregation Team Sunday, November 17, 2019 12:00 am http://eubankers.net/article/76369/bank-of-china-brokers-deal-to-buy-ampeuro155m-goodbody Chinese will take an initial 75% stake in Irish financial services firm Retail Banking ABN AMRO profit falls as bank announces plan to strengthen financial crime detection News Aggregation Team Wednesday, November 13, 2019 12:00 am http://eubankers.net/article/76271/abn-amro-profit-falls-as-bank-announces-plan-to-strengthen-financial-crime-detection Operating income fell to EUR854 million from EUR1.09 billion, ABN AMRO said. Retail Banking Crédit Agricole shares fall as French retail banking disappoints News Aggregation Team Friday, November 08, 2019 12:00 am http://eubankers.net/article/76154/crampeacutedit-agricole-shares-fall-as-french-retail-banking-disappoints Results for the third quarter and the first nine months of 2019 Retail Banking CaixaBank opens Barcelona flagship hub News Team Wednesday, November 06, 2019 12:00 am http://eubankers.net/article/76071/caixabank-opens-barcelona-flagship-hub Alongside the visual elements and technology, the “all in one” Barcelona experience is rounded off with a range of services and possibilities that go beyond strictly banking. Retail Banking Jyske Bank lowers outlook, rival Sydbank hikes interest rates News Aggregation Team Wednesday, October 30, 2019 12:00 am http://eubankers.net/article/75893/jyske-bank-lowers-outlook-rival-sydbank-hikes-interest-rates It will also initiate a cost-cutting programme, including staff reductions, so costs in 2020 would equal slightly rising costs this year. Retail Banking Santander profits take a £169m hit over PPI claims News Aggregation Team Wednesday, October 30, 2019 12:00 am http://eubankers.net/article/75896/santander-profits-take-a-amppound169m-hit-over-ppi-claims Pre-tax profits plummeted by 43% to £785m as Santander took a PPI charge of £169m. Retail Banking Spain's Bankia says lending income could fall slightly in 2019 News Aggregation Team Monday, October 28, 2019 12:00 am http://eubankers.net/article/75831/spainamp039s-bankia-says-lending-income-could-fall-slightly-in-2019 On Monday it posted a 23% drop in third-quarter net profit from a year earlier to 176 million euros due to higher litigation and loan loss provisions, slightly above an average of 173 million euros forecast by a Reuters poll. Retail Banking 2020 must see the Government become bold on pensions News Aggregation Team Friday, November 15, 2019 12:00 am http://eubankers.net/article/76353/2020-must-see-the-government-become-bold-on-pensions We are now in a world where more people than ever before are saving into workplace pensions and having more freedom over how to use their savings once they retire. Pensions Pensions body joins climate risk group News Aggregation Team Friday, November 15, 2019 12:00 am http://eubankers.net/article/76354/pensions-body-joins-climate-risk-group The UK's PLSA represents more than 1,300 pension schemes with combined assets of over £1 trillion Pensions British expats face losing £50k with pension freeze News Aggregation Team Tuesday, November 12, 2019 12:00 am http://eubankers.net/article/76247/british-expats-face-losing-amppound50k-with-pension-freeze Britons who decide to retire to a country with no social security agreement with the UK could lose as much as £50,000 in pension income over the years as a result of their pension being frozen. Pensions Pension Schemes Bill (Part 1) News Team Thursday, October 31, 2019 12:00 am http://eubankers.net/article/75931/pension-schemes-bill-part-1 Directors, banks and investors put on notice as new criminal sanctions and regulatory powers are significantly wider than expected Pensions FSCS receives 78 claims against firm linked to collapsed DFM News Aggregation Team Thursday, October 03, 2019 1:00 am http://eubankers.net/article/75148/fscs-receives-78-claims-against-firm-linked-to-collapsed-dfm The FSCS said it is now accepting claims against Pension Calculator's principal NJ Associates, although that firm has not yet been declared in default. Pensions UK fund trade body warns companies over existing directors' pensions News Aggregation Team Friday, September 27, 2019 1:00 am http://eubankers.net/article/75026/uk-fund-trade-body-warns-companies-over-existing-directorsamp039-pensions On Friday, the IA issued guidance for companies ahead of the 2020 season for annual general meetings and warned any company which did not have a “credible” plan in place to move existing directors to the less generous schemes would be called o Pensions Sanlam asks network to stop DB transfers News Aggregation Team Wednesday, September 18, 2019 1:00 am http://eubankers.net/article/74760/sanlam-asks-network-to-stop-db-transfers "Our network members also have the freedom to guide their clients using Unbiased, where appropriate." Pensions Lane Clark & Peacock eyes KPMG UK pensions advisory arm News Aggregation Team Tuesday, September 03, 2019 1:00 am http://eubankers.net/article/74340/lane-clark-ampamp-peacock-eyes-kpmg-uk-pensions-advisory-arm This year has been a phenomenal year for LCP Pensions British expats pensions risk being frozen under no deal Brexit News Aggregation Team Monday, September 02, 2019 1:00 am http://eubankers.net/article/74303/british-expats-pensions-risk-being-frozen-under-no-deal-brexit The move, which would affect current pensioners and people who planned to retire in EU countries, opened the threat of removing automatic increases that expat pensioners receive as a result of Britain's EU membership. Pensions Italian funds appoint Neuberger Berman to run joint private equity mandate News Aggregation Team Friday, August 30, 2019 1:00 am http://eubankers.net/article/74253/italian-funds-appoint-neuberger-berman-to-run-joint-private-equity-mandate The five investors in the consortium are Foncer, Fondenergia, Fondo Gomma Plastica, Pegaso and Previmoda. Pensions Brexit investing: what wealth managers have learned News Aggregation Team Thursday, November 07, 2019 12:00 am http://eubankers.net/article/76121/brexit-investing-what-wealth-managers-have-learned We asked a number leading wealth managers what investment calls they have got right, what they have got wrong and how they are navigating the current outlook. Brexit Jersey and Guernsey Islanders fear Channel Islands are unprepared for Brexit News Aggregation Team Thursday, October 31, 2019 12:00 am http://eubankers.net/article/75917/jersey-and-guernsey-islanders-fear-channel-islands-are-unprepared-for-brexit The survey also asked people in the Isle of Man their opinions on Brexit. Here, the majority (51%) of people asked wanted Brexit to happen. Brexit Corbyn’s election rejection means MORE strife for the pound and UK economy News Team Friday, October 25, 2019 1:00 am http://eubankers.net/article/75796/corbynamprsquos-election-rejection-means-more-strife-for-the-pound-and-uk-economy “Job-generating, tax-paying, wealth-creating businesses need certainty.” Brexit Brexit could cause a broad ‘investor strike,’ UBS chairman warns News Aggregation Team Monday, October 21, 2019 1:00 am http://eubankers.net/article/75620/brexit-could-cause-a-broad-amplsquoinvestor-strikeamprsquo-ubs-chairman-warns S&P Global Ratings calculated in the spring that Brexit had, by last April, cost the U.K. economy $86 billion. Brexit Brexit - the never ending saga News Team Monday, October 21, 2019 1:00 am http://eubankers.net/article/75651/brexit-the-never-ending-saga By Rupert Thompson, Head of Research at Henderson Rowe Brexit UK and EU strike new Brexit deal after last-ditch talks News Aggregation Team Thursday, October 17, 2019 1:00 am http://eubankers.net/article/75563/uk-and-eu-strike-new-brexit-deal-after-last-ditch-talks He called on British lawmakers to back the deal when it’s put before Parliament on Saturday. Brexit Brexit deal reaction: recession averted? News Team Thursday, October 17, 2019 1:00 am http://eubankers.net/article/75571/brexit-deal-reaction-recession-averted Importantly this is a big step toward avoiding a no-deal Brexit where the UK would have crashed out of the EU possibly causing a damaging recession. Brexit Profile: Kleinwort's bank boss on why 25% of clients have new managers News Aggregation Team Thursday, October 10, 2019 1:00 am http://eubankers.net/article/75342/profile-kleinwortamp039s-bank-boss-on-why-25-of-clients-have-new-managers Kleinwort Hambro managing director and head of private banking Paul Kearney talks frankly about his Bresxit fears and why he shook-up the company client facing staff Brexit EU Exit: Government No-Deal Readiness Report News Team Wednesday, October 09, 2019 1:00 am http://eubankers.net/article/75318/eu-exit-government-no-deal-readiness-report We were no longer part of what was essentially an economic community, but instead members of a full-blown political union with large budgets, a foreign relations component and subject to huge tracts of regulation on everything from clinical trials to VAT. Brexit British ignorance about Northern Ireland has heavy economic cost News Aggregation Team Wednesday, October 02, 2019 1:00 am http://eubankers.net/article/75117/british-ignorance-about-northern-ireland-has-heavy-economic-cost Brexit offers London, Dublin and Brussels opportunity to see North needs a second wind Brexit DAX companies face rising engagement, says Union Investment News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76545/dax-companies-face-rising-engagement-says-union-investment Dialogues lead to increasing understanding on ESG Planet SOS Implications of the transition to a low-carbon economy for the euro area financial system by Luis de Guindos, ECB News Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76548/implications-of-the-transition-to-a-low-carbon-economy-for-the-euro-area-financial-system-by-luis-de-guindos-ecb Speech by Luis de Guindos, Vice-President of the ECB, at the European Savings and Retail Banking Group Conference, “Creating sustainable financial structures by putting citizens first” Planet SOS Institute of Directors backs stronger climate governance in bid to 'restore trust in British business' News Aggregation Team Friday, November 22, 2019 12:00 am http://eubankers.net/article/76550/institute-of-directors-backs-stronger-climate-governance-in-bid-to-amp039restore-trust-in-british-businessamp039 Senior UK business leaders call on next government to beef up climate reporting and establish Sovereign Wealth Fund to boost investment in green economy Planet SOS 'Under invested in the future.....over invested in the past.' KBI Global Investors News Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76481/amp039under-invested-in-the-futureover-invested-in-the-pastamp039-kbi-global-investors Specialist institutional asset management boutique KBI Global Investors launched its Global Sustainable Infrastructure Strategy in 2017 and this forecast investment was a pivotal, long-term underpinning for the firm’s investment thesis around sustai Planet SOS Moody's polling highlights relevance of ESG in global credit markets News Aggregation Team Wednesday, November 20, 2019 12:00 am http://eubankers.net/article/76498/moodyamp039s-polling-highlights-relevance-of-esg-in-global-credit-markets When asked about the transition to energy sources or approaches, 42% of market participants identified policy momentum as the primary driver over the next decade and 34% identified shifting consumer preferences. Planet SOS Do central bankers have a climate change mandate? News Team Tuesday, November 19, 2019 12:00 am http://eubankers.net/article/76419/do-central-bankers-have-a-climate-change-mandate The subject, which once looked like a longer-term problem, feels very much here-and-now. Planet SOS Priorities of the new European Commission for Sustainability and green Finance by Valdis Dombrovskis News Team Monday, November 18, 2019 12:00 am http://eubankers.net/article/76383/priorities-of-the-new-european-commission-for-sustainability-and-green-finance-by-valdis-dombrovskis There are significant broader issues to tackle as well, both in Europe and globally. Planet SOS UK green energy outlook News Team Monday, November 18, 2019 12:00 am http://eubankers.net/article/76408/uk-green-energy-outlook The move to renewals poses several challenges for both the national grid and the UK energy sector Planet SOS Carbon Neutral Isn’t Enough News Aggregation Team Sunday, November 17, 2019 12:00 am http://eubankers.net/article/76379/carbon-neutral-isnamprsquot-enough The United Nations’ Intergovernmental Panel on Climate Change says average global temperatures cannot be allowed to exceed Planet SOS How climate change will alter the taste of the world's great wines News Aggregation Team Wednesday, November 13, 2019 12:00 am http://eubankers.net/article/76279/how-climate-change-will-alter-the-taste-of-the-worldamp039s-great-wines Be prepared for flavour fluctuations as rising temperatures reduce acidity and boost sugar levels. Planet SOS