Managers of Wealth - Europe http://eubankers.net/ Tue, 21 May 2019 06:47:21 BST part of MediaG8way Group http://eubankers.net/ http://eubankers.net/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Deutsche Bank Staff Warned Executives About Suspicious Activity in Trump and Kushner Accounts News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71723/deutsche-bank-staff-warned-executives-about-suspicious-activity-in-trump-and-kushner-accounts But executives at Deutsche Bank, which has lent billions of dollars to the Trump and Kushner companies, rejected their employees’ advice. Wealth and Asset Management Hawksford triumphs as most successful organisation at prestigious Citywealth awards Ana Hall Monday, May 20, 2019 1:00 am http://eubankers.net/article/71736/hawksford-triumphs-as-most-successful-organisation-at-prestigious-citywealth-awards The business won Trust Company of the Year, while Darren Kelland, Global Head of Private Client Services, was named Trustee of the Year. Hawksford also came runner up in the Family Office of the Year category. Wealth and Asset Management Foster Denovo buys wealth manager News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71738/foster-denovo-buys-wealth-manager The move follows Foster Denovo’s acquisition of Kent firm Orchard Wealth Cultivation in February, when the firm announced its growth strategy, with more deals expected in 2019. Wealth and Asset Management Why high net-worth families in the Middle East are looking to Guernsey for private wealth solutions Ana Hall Monday, May 20, 2019 1:00 am http://eubankers.net/article/71740/why-high-net-worth-families-in-the-middle-east-are-looking-to-guernsey-for-private-wealth-solutions A final word on demographics and global wealth trends. Wealth and Asset Management Ruffer prepares for Brexit with new Paris office News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71744/ruffer-prepares-for-brexit-with-new-paris-office Ruffer said the Paris office is a 'natural extension' of its efforts to serve continental European clients Wealth and Asset Management Trusts will keep the assets in the family News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71684/trusts-will-keep-the-assets-in-the-family There are many different kinds of trust to choose from; according to HMRC, these include bare trusts, interest in possession trusts, accumulation trusts, mixed trusts, settlor-interested trusts, discretionary trusts and non-resident trusts - and different Wealth and Asset Management TOP NEWS: Investec Progresses Demerger; Sees Annual Profit Rise News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71691/top-news-investec-progresses-demerger-sees-annual-profit-rise In the twelve months to March 31, Investec's pretax profit increased 7.8% to GBP687.2 million from GBP637.5 million the year prior. Wealth and Asset Management Meet Tate Edwards, Founder of charity Milly Days and Sanlam graduate trainee Penny Lovell Friday, May 17, 2019 1:00 am http://eubankers.net/article/71693/meet-tate-edwards-founder-of-charity-milly-days-and-sanlam-graduate-trainee Tate set up the charity with her mother a few years ago and it has gone from strength-to-strength. Wealth and Asset Management Wealth CEO plans new venture after controversial exit News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71710/wealth-ceo-plans-new-venture-after-controversial-exit Aram told Wealth Manager he is keen to partner with wealth managers and plans to approach firms in the months after the app launches. Wealth and Asset Management UK wealth management firm rolls out direct-to-consumer app News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71654/uk-wealth-management-firm-rolls-out-direct-to-consumer-app Lighthouse clients will initially also have access to the app at least until its acquisition by Quilter is finalised Wealth and Asset Management Boutique hires wealth head two months after acquisition News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71728/boutique-hires-wealth-head-two-months-after-acquisition My ambitions have a clear focus on producing high quality investment returns and delivering on our client objectives. Executive Moves Brown Shipley hires from 7IM for Edinburgh expansion News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71743/brown-shipley-hires-from-7im-for-edinburgh-expansion I am particularly looking forward to working with the existing team as we continue to provide an excellent, bespoke wealth management service to cater to our clients’ needs.’ Executive Moves Maples Group Appoints Edwin Parker as Director of Business Development in Europe Kris Borres Friday, May 17, 2019 1:00 am http://eubankers.net/article/71696/maples-group-appoints-edwin-parker-as-director-of-business-development-in-europe He was most recently a Managing Director for a global investment management and investment services provider, responsible for all business and relationship development in EMEA. Executive Moves Carey Olsen's Annette Alexander joins Guernsey Green Finance's '20 for 20' network Mitzi Limlengco Friday, May 17, 2019 1:00 am http://eubankers.net/article/71700/carey-olsenamp039s-annette-alexander-joins-guernsey-green-financeamp039s-amp03920-for-20amp039-network The aim of the network is to build a community of business leaders and influencers committed to action to catalyse the development of Guernsey’s green and sustainable finance sector. Executive Moves 20 Promotions and Solid Financial Growth for Royds Withy King Kris Borres Friday, May 17, 2019 1:00 am http://eubankers.net/article/71704/20-promotions-and-solid-financial-growth-for-royds-withy-king The diversity of the newly-promoted partners represents the breadth and depth of services offered by the firm. Executive Moves Hermes makes key private debt and CLO hire News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71708/hermes-makes-key-private-debt-and-clo-hire The private debt team manage UK and European direct lending strategies dedicated to senior-secured loans in the mid-market space. Executive Moves Artemis hires fifth manager from Kames News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71709/artemis-hires-fifth-manager-from-kames Mr Snowden had taken up the role as co-head of fixed income following the departure of the long serving duo Phil Milburn and David Roberts from the firm. Executive Moves Montpensier Finance appoints managing director News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71656/montpensier-finance-appoints-managing-director Paris-based, Montpensier Finance has been managing funds since 2004. Executive Moves Brewin UHNW team hires Kleinwort head of entrepeneurs News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71659/brewin-uhnw-team-hires-kleinwort-head-of-entrepeneurs He spent 15 years at Kleinwort Hambros Executive Moves Management changes at Handelsbanken Ana Hall Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71663/management-changes-at-handelsbanken Both the above will take up their new positions today, 16 May. Executive Moves US investor urges First Group to split and pull out of 'destructive' UK rail network News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71721/us-investor-urges-first-group-to-split-and-pull-out-of-amp039destructiveamp039-uk-rail-network In the UK, it runs three UK rail franchises – Great Western Railway, South Western Railway and TransPennine Express – and is bidding for the West Coast Partnership franchise, which is due to be awarded in the summer. Legal, Regulation & Compliance Amsterdam airport is WeChat Pay's first smart airport in Europe News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71722/amsterdam-airport-is-wechat-payamp039s-first-smart-airport-in-europe The WeChat app will give Chinese passengers access to a package of services specifically aimed at Schiphol. Legal, Regulation & Compliance JP Morgan, Citigroup Among Banks Fined $1.2B For Currency Rigging News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71726/jp-morgan-citigroup-among-banks-fined-12b-for-currency-rigging “Foreign exchange spot trading activities are one of the largest markets in the world, worth billions of euros every day,” noted Vestager in a press release and added that the unsavory behavior of some banks “undermined the integrity of Legal, Regulation & Compliance Dirty money bill has ‘too many loopholes’ News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71729/dirty-money-bill-has-amplsquotoo-many-loopholesamprsquo The report, which supports the passing of a bill to implement a register of overseas interests, said the bill had a string of loopholes including limited powers to punish offenders. Legal, Regulation & Compliance FCA Proposes Guidance On Cryptoassets, But Questions Remain News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71731/fca-proposes-guidance-on-cryptoassets-but-questions-remain The FCA consultation on guidance asks for responses to the questions it poses by April 2019. Legal, Regulation & Compliance FCA investigations into City directors rise sharply News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71733/fca-investigations-into-city-directors-rise-sharply Complaints about ‘non financial’ behaviour soar at insurers and banks Legal, Regulation & Compliance The next step in the battle for data? EU Commission opens formal investigation into Ireland's insurance market Ana Hall Monday, May 20, 2019 1:00 am http://eubankers.net/article/71737/the-next-step-in-the-battle-for-data-eu-commission-opens-formal-investigation-into-irelandamp039s-insurance-market The Commission explicitly states that the data pooling in question probably contributes to effective competition and benefits consumers Legal, Regulation & Compliance Fraud firm run by Norwich brothers declared in default News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71742/fraud-firm-run-by-norwich-brothers-declared-in-default A number of IFA firms are included in the most recent list, as well as a business called Vantage Investment Group. Legal, Regulation & Compliance £200 million rollout of full fibre broadband begins Ana Hall Sunday, May 19, 2019 1:00 am http://eubankers.net/article/71712/amppound200-million-rollout-of-full-fibre-broadband-begins 31 schools in rural areas amongst the first to benefit Legal, Regulation & Compliance IMF urges German banking sector to accelerate restructuring News Aggregation Team Sunday, May 19, 2019 1:00 am http://eubankers.net/article/71713/imf-urges-german-banking-sector-to-accelerate-restructuring The IMF said the life insurance sector - which has been struggling to pay out on life insurance policies in an era of historically low interest rates - needed to speed up its move away from conventional guaranteed-return products to other kinds of product Legal, Regulation & Compliance Profits at Word Perfect translation company rise to €2.3m News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71724/profits-at-word-perfect-translation-company-rise-to-ampeuro23m Dublin group involved in expensive litigation with the State over tendering processes FinTech Juerg Hunziker: «IPO Isn't Avaloq's Only Option» News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71725/juerg-hunziker-amplaquoipo-isnamp039t-avaloqamp039s-only-optionampraquo Avaloq's «Mother of all Tech Projects» Tied Extensive Resources FinTech The Netherlands – the rise of a new fintech hub News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71734/the-netherlands-ampndash-the-rise-of-a-new-fintech-hub Such is the rapid growth of financial innovation in the Netherlands, authorities are even taking proactive steps to ensure fintech entrepreneurs, start-ups and the wider financial community have all the knowledge they need to be successful and compliant FinTech The Bank Of The Future News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71695/the-bank-of-the-future If banks have the courage to make the right decisions, they have a bright future ahead of them. FinTech Keep Calm and Fintech on: How the UK is leading the financial services revolution By Lina Andolf-Orup Ana Hall Friday, May 17, 2019 1:00 am http://eubankers.net/article/71706/keep-calm-and-fintech-on-how-the-uk-is-leading-the-financial-services-revolution-by-lina-andolf-orup One thing’s for sure, Britain’s fintech future is bright. FinTech The rise of the treasurer: A technology imperative for asset managers? News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71646/the-rise-of-the-treasurer-a-technology-imperative-for-asset-managers As a result, some still cling on to familiar ways of doing things, which typically include manual or legacy technology-based processes. FinTech Investec shutters robo Click & Invest taking £20m write down News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71658/investec-shutters-robo-click-ampamp-invest-taking-amppound20m-write-down Losses on the unit accounted for £12.8 million of the recognised write down, versus £13.5million a year earlier. FinTech genesis launches Creative Studio Ana Hall Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71661/genesis-launches-creative-studio This innovative launch by genesis comes in response to the growing market demand to build and deploy web-based solutions across capital markets FinTech UK fintech: state of the nation Ana Hall Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71674/uk-fintech-state-of-the-nation The brochure convenes knowledge and perspectives from industry leaders across the domestic FinTech ecosystem. FinTech Intertrust Engages With Financial Services Clients Ana Hall Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71675/intertrust-engages-with-financial-services-clients The overall consensus in the New York meeting is that technology is and will further impact the industry. FinTech Aberdeen Standard Investments - Election commentary - Jeremy Lawson News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71735/aberdeen-standard-investments-election-commentary-jeremy-lawson Excessively low inflation still warrants policy easing and our central view is still for two cuts this year. Alternative Investments Global dividends hit record in first quarter as companies shake off macro worries News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71732/global-dividends-hit-record-in-first-quarter-as-companies-shake-off-macro-worries The escalating trade dispute between the U.S. and China has sent chills through global markets over the past few weeks, sending investors to safe-haven assets like government bonds. Alternative Investments Novia sees profits increase 72 per cent News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71746/novia-sees-profits-increase-72-per-cent The administrative costs included the cost of upgrading the technology on the platform, although these costs will be recorded in the accounts over a three-year period. Alternative Investments Mundi Ventures' CEO Javier Santiso on venture capital at Iberian Summit Barcelona 2019 News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71689/mundi-venturesamp039-ceo-javier-santiso-on-venture-capital-at-iberian-summit-barcelona-2019 Santiso currently invests in deep tech, artificial intelligence, industrial internet and fintech/insurtech, in London, Berlin, Zurich, Helsinki, Tel Aviv, and in various Spanish cities Alternative Investments Tobam launches multi-asset fund News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71647/tobam-launches-multi-asset-fund The fund doesn't take significant exposure to any one asset class or economic theme, and instead seeks to diversify across the market. Alternative Investments Finland’s Mandatum Life eyes international growth with acquisition News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71651/finlandamprsquos-mandatum-life-eyes-international-growth-with-acquisition “There is great demand for alternatives where Crescit fits in well, complementing our capabilities,” Alternative Investments Legg Mason subsidiary opens first continental European office News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71669/legg-mason-subsidiary-opens-first-continental-european-office Germany, Austria and Switzerland are important markets for both Legg Mason and Western Asset Management Alternative Investments Net inflows to local funds hit €500m in Finland in April News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71614/net-inflows-to-local-funds-hit-ampeuro500m-in-finland-in-april On the other hand, net redemptions were experienced by equity funds, some €77m worth, which has taken net redeptions for this category of funds since the start of the year to some €1.6bn. Alternative Investments European companies raise £4.4bn of venture capital in first three months News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71620/european-companies-raise-amppound44bn-of-venture-capital-in-first-three-months Strongest-ever first quarter sees €5.1bn in VC funding ploughed into 339 deals - a 76pc rise year on year Alternative Investments Pemberton Expands Pan-European Platform to Copenhagen Ana Hall Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71644/pemberton-expands-pan-european-platform-to-copenhagen The opening comes at a time of increased investment opportunities in the Nordics region Alternative Investments KBC Ireland has returned almost third of €1.4bn bailout News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71730/kbc-ireland-has-returned-almost-third-of-ampeuro14bn-bailout Irish division released €12m of loan-loss provisions in first-quarter due to rising house prices and improvement in the quality of its portfolio Investment Banking Why Goldman Sachs should buy Deutsche Bank News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71739/why-goldman-sachs-should-buy-deutsche-bank US group wants growth in transaction banking and a German deal could help achieve that Investment Banking Lloyds Bank to create 500 new jobs at new tech hub News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71741/lloyds-bank-to-create-500-new-jobs-at-new-tech-hub “People’s expectations are rising rapidly as they want the same experience they’re used to with established digital brands. Investment Banking Lloyds job ads provide clues about Schroders joint venture News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71686/lloyds-job-ads-provide-clues-about-schroders-joint-venture Over 20 roles advertised online mention Schroders venture with salaries up to £100k Investment Banking Commerzbank and AllianzGI extend long-term partnership News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71648/commerzbank-and-allianzgi-extend-long-term-partnership AllianzGI will be Commerzbank's ‘strategic product partner', in particular in the multi asset space, and will be responsible for the management of the "Vermoegensmanagement" range of funds. Investment Banking Barclays and the Royal Bank of Scotland among five banks hit with €1bn fine for forex rigging Mitzi Limlengco Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71676/barclays-and-the-royal-bank-of-scotland-among-five-banks-hit-with-ampeuro1bn-fine-for-forex-rigging UBS is an addressee of both decisions, but was not fined as it revealed the existence of the cartels to the Commission. Investment Banking Alexei Yakovitsky: VTB welcomes new investors in Russia News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71617/alexei-yakovitsky-vtb-welcomes-new-investors-in-russia As part of Euromoney's 50th anniversary coverage, we profile some of the biggest names that we interviewed for our May CEE focus. Investment Banking UniCredit advances toward bid for Germany's Commerzbank – sources News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71619/unicredit-advances-toward-bid-for-germanyamp039s-commerzbank-ampndash-sources UniCredit said in statement responding to the Reuters report that it wanted to clarify that no banking mandate had been signed in relation to any potential market operation. Investment Banking Goldman Sachs is moving more tech jobs to cheap locations. So, what if you want to work in New York or London? News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71622/goldman-sachs-is-moving-more-tech-jobs-to-cheap-locations-so-what-if-you-want-to-work-in-new-york-or-london Goldman is currently advertising six Bangalore roles in a team known as the, 'Foundational Technology Group,' which develops common solutions for managing the firm's infrastructure. Investment Banking Rothschild bucks trend with strong Europe performance News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71627/rothschild-bucks-trend-with-strong-europe-performance The bank’s revenues were boosted by advisory fees on M&A in Europe, in contrast to many rivals Investment Banking The fast routes to a London banking job before August 2019 News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71653/the-fast-routes-to-a-london-banking-job-before-august-2019 If you want a new front office banking job in London before the summer lull you will therefore need to play your hand carefully. 2019 is not a year of plenty. Comment, Analysis & Research New Global Impact Investing study from KBI Global Investors Ana Hall Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71660/new-global-impact-investing-study-from-kbi-global-investors Significant appetite for Further Education and Training in Impact Comment, Analysis & Research Phoenix a finalist for Investment Marketing and Innovation Awards 2019 Ana Hall Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71662/phoenix-a-finalist-for-investment-marketing-and-innovation-awards-2019 Designed to recognize and reward creativity and innovation within the sector Comment, Analysis & Research Move over Millennials, there is a new gang in town and they mean business Ana Hall Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71630/move-over-millennials-there-is-a-new-gang-in-town-and-they-mean-business The post-Millennial generation known as Generation Z will make up nearly a third (32%) of the global population of 7.7bn in 2019 Comment, Analysis & Research Model use and misuse by David Rule News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71636/model-use-and-misuse-by-david-rule A model applies theories, techniques and assumptions to process input data into quantitative estimates for a particular purpose. Comment, Analysis & Research The Sunday Times Rich List 2019: age of uncertainty rattles the super-rich News Aggregation Team Monday, May 13, 2019 1:00 am http://eubankers.net/article/71551/the-sunday-times-rich-list-2019-age-of-uncertainty-rattles-the-super-rich After a year of turmoil on the stock market and high street, the super‑rich have a new fear — Corbygeddon. Robert Watts reports on how they are planning to protect themselves from a hard-left government Comment, Analysis & Research Who are the UK’s most generous millionaires? News Aggregation Team Monday, May 13, 2019 1:00 am http://eubankers.net/article/71579/who-are-the-ukamprsquos-most-generous-millionaires At a time when fewer Rich Listers are donating significant sums, the Garfield Weston Foundation gave away its billionth pound last year. Clare Grant and David Paul report Comment, Analysis & Research Who Owns England? by Guy Shrubsole review – our darkest secret News Aggregation Team Friday, May 10, 2019 1:00 am http://eubankers.net/article/71543/who-owns-england-by-guy-shrubsole-review-ampndash-our-darkest-secret This passionately argued polemic reveals that half of England is owned by less than 1% of the population Comment, Analysis & Research Massive discounts up to 21% for prime London homes, says bank News Aggregation Team Tuesday, May 07, 2019 1:00 am http://eubankers.net/article/71397/massive-discounts-up-to-21-for-prime-london-homes-says-bank The current status of the pound means that for dollar-denominated buyers, prime London property is about 40 per cent cheaper than it was in 2014, and for those using euros to make a purchase it’s about 30 per cent cheaper.” Comment, Analysis & Research Back hedge fund young guns over established names, says alts boss News Aggregation Team Tuesday, May 07, 2019 1:00 am http://eubankers.net/article/71398/back-hedge-fund-young-guns-over-established-names-says-alts-boss Putting so much of your own money into a business which burns through cash at such a high rate is one of the most powerful incentives to make the venture work. Comment, Analysis & Research Swiss give clear ‘yes’ to corporate tax reform News Aggregation Team Sunday, May 19, 2019 1:00 am http://eubankers.net/article/71719/swiss-give-clear-amplsquoyesamprsquo-to-corporate-tax-reform The new legislation will bring Switzerland into line with international tax rules by cutting out preferential rates offered to multinationals, while lowering baseline rates in an effort to prevent them fleeing to more attractive destinations. Tax German authorities raid 11 banks in tax evasion probe News Aggregation Team Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71649/german-authorities-raid-11-banks-in-tax-evasion-probe Deutsche Bank said the investigation was directed against private individuals, not against the company, that it is cooperating with prosecutors and wasn't a target of the current raids. Tax No Safe Havens 2019 Mitzi Limlengco Thursday, May 16, 2019 1:00 am http://eubankers.net/article/71665/no-safe-havens-2019 HMRC’s strategy for offshore tax compliance. Tax Estates in administration – beware of the tax issues News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71631/estates-in-administration-ampndash-beware-of-the-tax-issues But executors and other personal representatives should be aware that both Income Tax and Capital Gains Tax may apply during the period of administration. Tax Tax & Brexit for EU and UK businesses News Aggregation Team Tuesday, May 14, 2019 1:00 am http://eubankers.net/article/71610/tax-ampamp-brexit-for-eu-and-uk-businesses EU based businesses, which would prefer to operate in a constant and certain environment, are left having to guess how they will be able to transact with the UK once Brexit takes place. Tax Will a carbon-added tax help save the world? by George Bull Kris Borres Tuesday, May 14, 2019 1:00 am http://eubankers.net/article/71611/will-a-carbon-added-tax-help-save-the-world-by-george-bull Taxes won’t cure all of the world’s ills, but they might help with some of them. Tax 'Grand Theft Europe' — tax fraudsters reportedly stealing millions from governments News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71460/amp039grand-theft-europeamp039-ampmdash-tax-fraudsters-reportedly-stealing-millions-from-governments The "VAT carousel" rackets enable criminal gangs to steal millions from the state. Tax BoI and Ulster Bank used in tax fraud carbon credits trading News Aggregation Team Tuesday, May 07, 2019 1:00 am http://eubankers.net/article/71403/boi-and-ulster-bank-used-in-tax-fraud-carbon-credits-trading Leaked files reveal dealings by fraudsters abusing carbon credits trade without VAT 52 minutes ago Tax Shareholders snub UBS leadership over French tax conviction News Aggregation Team Friday, May 03, 2019 1:00 am http://eubankers.net/article/71358/shareholders-snub-ubs-leadership-over-french-tax-conviction A French court in February found UBS guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. Tax Netherlands: Decree issued on state supervision of investment funds News Aggregation Team Friday, May 03, 2019 1:00 am http://eubankers.net/article/71378/netherlands-decree-issued-on-state-supervision-of-investment-funds According to the new decree, specific state supervision must apply to (the capital invested in) the fund, which could be the case if the supervision takes place via the fund manager’s licensing requirement. Tax Metro advisers rake in £13m fees News Aggregation Team Sunday, May 19, 2019 1:00 am http://eubankers.net/article/71717/metro-advisers-rake-in-amppound13m-fees The banks did not agree a minimum price for the underwriting, lessening their risk of ending up with unwanted stock. Retail Banking Danske dumps $4.5bn in kroner as part of bank’s hedging plan News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71688/danske-dumps-45bn-in-kroner-as-part-of-bankamprsquos-hedging-plan Danske’s assets are equivalent to roughly 1 1/2 times Denmark’s gross domestic product. Retail Banking Metro Bank’s woes are a warning: watch the metrics News Aggregation Team Friday, May 17, 2019 1:00 am http://eubankers.net/article/71698/metro-bankamprsquos-woes-are-a-warning-watch-the-metrics When a single number becomes all important investors should be wary Retail Banking Santander wants to slash 3,700 jobs in Spain: union News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71618/santander-wants-to-slash-3700-jobs-in-spain-union The planned cuts are Santander's first proposal made to unions during a meeting held on Tuesday. Retail Banking Metro Bank shares continue to slide News Aggregation Team Tuesday, May 14, 2019 1:00 am http://eubankers.net/article/71588/metro-bank-shares-continue-to-slide It said it would raise the money via a share placing, with additional shares created and offered to new and existing investors. Retail Banking Societe Generale targets rise in profits at its domestic retail bank in 2020 News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71430/societe-generale-targets-rise-in-profits-at-its-domestic-retail-bank-in-2020 As a result of this year's transformation, SocGen now expects costs to start falling in 2020, while it sees revenues rising, boosting return on net equity to between 11.5 percent and 12.5 percent, the bank said in a presentation to investors. Retail Banking Best Banks In Central And Eastern Europe 2019: Rising Demand News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71435/best-banks-in-central-and-eastern-europe-2019-rising-demand Banks are benefiting from accelerating economic growth in Central and Eastern Europe. Retail Banking Here's How Commerzbank's Potential Suitors Stack Up in Germany News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71436/hereamp039s-how-commerzbankamp039s-potential-suitors-stack-up-in-germany Given the hurdles to cross-border bank deals in Europe, lenders that already have a meaningful presence in Germany are well positioned because they have a greater potential for savings. Retail Banking HSBC: Banking by Proxy? News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71442/hsbc-banking-by-proxy It’s breeding is impeccable in a region that values pedigree almost as much as the British peerage does. Retail Banking Co-operative Bank posts losses News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71473/co-operative-bank-posts-losses “Another focus area this year is to fix the basics that will provide a platform for development in future years, including concluding the separation of our IT infrastructure from the Co-op Group, and we are making good headway.” Retail Banking HMRC Makes Reclaiming QROPS Transfer Charge Easier News Aggregation Team Tuesday, May 07, 2019 1:00 am http://eubankers.net/article/71405/hmrc-makes-reclaiming-qrops-transfer-charge-easier The main reason for such a claim would be an expat moving to the same country as where their QROPS is based. Pensions AJ Bell inflows fall as DB transfers slow down News Aggregation Team Friday, April 26, 2019 1:00 am http://eubankers.net/article/71197/aj-bell-inflows-fall-as-db-transfers-slow-down The platform added 10,000 new customers during the quarter, to bring the total to more than 200,000, with assets under administration on the platform rising by 9 per cent to £40.6bn. Pensions Four lessons the UK’s pension industry can learn from Australia and New Zealand Mitzi Limlengco Friday, April 12, 2019 1:00 am http://eubankers.net/article/70885/four-lessons-the-ukamprsquos-pension-industry-can-learn-from-australia-and-new-zealand In the UK, employers and payroll are integral to the ‘nudge’ theory of auto-enrolment Pensions Report: Pension de-risking 2019 Ana Hall Thursday, March 28, 2019 12:00 am http://eubankers.net/article/70486/report-pension-de-risking-2019 It will be increasingly important for those interested in de-risking to be ahead of the curve as the dynamics in the market change. Pensions Brunel Picks Two Managers to Run Low-Volatility Portfolio News Aggregation Team Tuesday, March 26, 2019 12:00 am http://eubankers.net/article/70426/brunel-picks-two-managers-to-run-low-volatility-portfolio Low-risk global stock portfolio expected to grow by £200 million for UK pension fund. Pensions Pension fat cats face MP probe: Huge payments to FTSE 100 bosses spark call for inquiry News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70378/pension-fat-cats-face-mp-probe-huge-payments-to-ftse-100-bosses-spark-call-for-inquiry The practice is now also facing a crackdown by the Investment Association Pensions Top bosses forced into pensions climbdown News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70354/top-bosses-forced-into-pensions-climbdown This weekend British Gas owner Centrica, property giant British Land, energy network National Grid, ­plumbing distributor Ferguson and rental company Ashtead are understood to be reviewing their executive pension policies with a view to cutting payout Pensions Seven myths about pensions busted News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70356/seven-myths-about-pensions-busted Automatic enrolment started in autumn 2012, amid concerns people were living for longer but not saving enough for their later years. Pensions Lloyds comes under fire over Horta-Osório’s pension perks News Aggregation Team Tuesday, March 19, 2019 12:00 am http://eubankers.net/article/70206/lloyds-comes-under-fire-over-horta-osampoacuterioamprsquos-pension-perks Staff protest as anger at exclusive final salary scheme grows Pensions Major banks accused of ‘pensions racket’ for senior executives News Aggregation Team Tuesday, February 12, 2019 12:00 am http://eubankers.net/article/69205/major-banks-accused-of-amplsquopensions-racketamprsquo-for-senior-executives Major Tier 1 banks in the UK are under fire from shareholders and professional organizations over massive pension contributions and lump sums that are not available to other staff, and are being disguised. Transparency, eh? Pensions Investors can ride out the UK's political storm News Aggregation Team Monday, May 20, 2019 1:00 am http://eubankers.net/article/71745/investors-can-ride-out-the-ukamp039s-political-storm The creation of the Independent group in the midst of everything leaves additional uncertainty in understanding Brexit The psychotic freakshow rolls on by Tim Price News Aggregation Team Friday, May 10, 2019 1:00 am http://eubankers.net/article/71537/the-psychotic-freakshow-rolls-on-by-tim-price Any government will struggle to sign something they know will be hated by so many and held up as an example of the two parties serving themselves. Brexit Banks lose appetite for new Brexit fight News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71447/banks-lose-appetite-for-new-brexit-fight Four banks said they opposed another vote while one bank said it would remain agnostic on all Brexit scenarios and would let the political process - now stretching towards its third year - run its course. Brexit Brexit jeopardy: Nancy Pelosi issues THREAT to Theresa May over Brexit - 'No US-UK deal' News Aggregation Team Tuesday, April 16, 2019 1:00 am http://eubankers.net/article/70968/brexit-jeopardy-nancy-pelosi-issues-threat-to-theresa-may-over-brexit-amp039no-us-uk-dealamp039 Speaking at the event, Ms Pelosi said: “If there was to be any weakening of the Good Friday accords that there would be no chance whatsoever – a non-starter – for the US-UK trade agreement. Brexit Money managers facing further costs following Brexit News Aggregation Team Monday, April 15, 2019 1:00 am http://eubankers.net/article/70942/money-managers-facing-further-costs-following-brexit The U.K. can leave the EU as soon as members of Parliament reach an agreement but if the U.K. hasn't held elections, the extension will be void on May 31, which would mean a hard exit. Brexit Fears of a Halloween Brexit horror story for pensions have been raised by AJ Bell Ana Hall Monday, April 15, 2019 1:00 am http://eubankers.net/article/70945/fears-of-a-halloween-brexit-horror-story-for-pensions-have-been-raised-by-aj-bell The Department for Work and Pensions was holding out faint hopes of getting a Pensions Bill through the House of Commons in 2019. Brexit EU to allow visa-free travel for Brits post Brexit News Aggregation Team Friday, April 05, 2019 1:00 am http://eubankers.net/article/70705/eu-to-allow-visa-free-travel-for-brits-post-brexit Therefore, even in the event of a no-deal Brexit, a UK citizen can stay in any Schengen Area country without a visa for a total of 90 days out of the 180 days that begin on the day of entry into the country. Brexit Government delays probate fee hike News Aggregation Team Friday, March 29, 2019 12:00 am http://eubankers.net/article/70523/government-delays-probate-fee-hike This charge is additional to inheritance tax. Brexit Brexit 'could benefit overseas development by curbing City of London’s power' News Aggregation Team Tuesday, March 19, 2019 12:00 am http://eubankers.net/article/70229/brexit-amp039could-benefit-overseas-development-by-curbing-city-of-londonamprsquos-poweramp039 Griffiths began by saying that many things will stay the same after Brexit for the role of UK NGOs trying to influence the global financial system Brexit Senior Finance expert reveals MOST LIKELY Brexit outcome – will surprise Brexiteers News Aggregation Team Thursday, March 07, 2019 12:00 am http://eubankers.net/article/69878/senior-finance-expert-reveals-most-likely-brexit-outcome-ampndash-will-surprise-brexiteers A SENIOR finance expert has revealed the most likely outcomes to Brexit ahead of Theresa May’s votes in the House of Commons next week. Brexit Reasons why Guernsey’s going green Kris Borres Friday, May 17, 2019 1:00 am http://eubankers.net/article/71699/reasons-why-guernseyamprsquos-going-green Green finance, Guernsey Green Finance, is about financing climate change mitigation projects. It is Guernsey’s contribution to global good. ESG Ilmarinen backs Blackrock US ESG exchange-traded fund with €750m News Aggregation Team Wednesday, May 15, 2019 1:00 am http://eubankers.net/article/71638/ilmarinen-backs-blackrock-us-esg-exchange-traded-fund-with-ampeuro750m The pensions insurer said such collaborations enabled it to find suitable passive products not previously available as it worked on implementing its “extensive ESG strategy”. ESG ESG rating agencies fulfil the need for knowhow News Aggregation Team Monday, May 13, 2019 1:00 am http://eubankers.net/article/71553/esg-rating-agencies-fulfil-the-need-for-knowhow They can be controversial and they may not agree . . . but M&A is booming ESG Activists tell Barclays to bin off over bags News Aggregation Team Monday, May 13, 2019 1:00 am http://eubankers.net/article/71557/activists-tell-barclays-to-bin-off-over-bags Single-use plastics at Barclays’ AGM do not go unnoticed, host's gaffe at the Headlinemoney Awards and how Bercow got around capital gains tax ESG Green bonds rose 40 per cent in the first quarter backed by corporate issuance News Aggregation Team Sunday, May 12, 2019 1:00 am http://eubankers.net/article/71549/green-bonds-rose-40-per-cent-in-the-first-quarter-backed-by-corporate-issuance The green sukuk market remained nascent, with issuances largely coming from South East Asia ESG ESG a Game-Changer – But Plenty Still to be Done… News Aggregation Team Friday, May 10, 2019 1:00 am http://eubankers.net/article/71538/esg-a-game-changer-ampndash-but-plenty-still-to-be-doneamphellip One of the trends according to panellist Sachin Vankalas, Director of Operations & Sustainability at LuxFLAG, is that an increasing awareness of ESG is driving demand in this investment category ESG Global biodiversity is collapsing, warn scientists News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71444/global-biodiversity-is-collapsing-warn-scientists The first global assessment of biodiversity and ecosystem services has held humans largely responsible for looming mass extinction of species and has urged immediate action to avert disaster. ESG Unigestion enhances ESG risk management capabilities Ana Hall Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71454/unigestion-enhances-esg-risk-management-capabilities It will help Unigestion not only to avoid future ESG-related risks, but also to better exploit new opportunities offered by sustainable investing. ESG Wealth manager launches positive impact options News Aggregation Team Wednesday, May 08, 2019 1:00 am http://eubankers.net/article/71459/wealth-manager-launches-positive-impact-options In November 2016, Legal & General Investment Management introduced the climate impact pledge to encourage companies to address climate change and transition to a low-carbon economy. ESG Moving to a low-carbon future – why banks and companies need to step up by Bill Winters, Standard Chartered Bank News Aggregation Team Tuesday, May 07, 2019 1:00 am http://eubankers.net/article/71409/moving-to-a-low-carbon-future-ampndash-why-banks-and-companies-need-to-step-up-by-bill-winters-standard-chartered-bank We’re making progress on understanding our contribution to climate goals, but cannot go it alone ESG