Managers of Wealth - Europe http://eubankers.net/ Mon, 25 Mar 2019 21:18:34 GMT part of MediaG8way Group http://eubankers.net/ http://eubankers.net/assets/images/logo.png Managers of Wealth - Europe KohanaPHP 7IM overhauls pricing for HNW clients News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70380/7im-overhauls-pricing-for-hnw-clients The fee cut will apply to both existing and new business, giving potential clients’ access to 7IM’s unique proposition - which is set apart from competitors thanks to its integrated highly-flexible model - for a much lower price. Wealth and Asset Management Leeds-based wealth manager acquires London IFA News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70386/leeds-based-wealth-manager-acquires-london-ifa The purchase follows TPO’s acquisition of PQR Financial Planning in 2016, which added 23 staff including 11 advisers and £250m funds under management. Wealth and Asset Management Why you need dreams to land that perfect job! by Penny Lovell News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70349/why-you-need-dreams-to-land-that-perfect-job-by-penny-lovell Meeting the students also took me back to my own early days at work. Wealth and Asset Management Top five GAM shareholders nurse losses of $840m News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70313/top-five-gam-shareholders-nurse-losses-of-840m T Rowe Price, UBS, Credit Suisse, Kiltearn and Silchester hit by 80% fall in Swiss manager’s shares Wealth and Asset Management St James’s Place defends Woodford’s record on its own funds News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70315/st-jamesamprsquos-place-defends-woodfordamprsquos-record-on-its-own-funds Wealth manager hits back at veteran investor’s critics Wealth and Asset Management Do you qualify for private banking? News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70326/do-you-qualify-for-private-banking There is a broad spectrum in the minimum amount required for private banking: some banks are happy to take clients with six-figure sums, but some demand eight. Wealth and Asset Management Deutsche Bank launches European wealth offensive News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70339/deutsche-bank-launches-european-wealth-offensive The bank will reduce the number of market heads to six, from 14 previously. Wealth and Asset Management Credit Suisse Boosts Thiam's Pay 30% After Turnaround Ends News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70336/credit-suisse-boosts-thiamamp039s-pay-30-after-turnaround-ends Thiam is rewarded after taking a cut last year amid losses Wealth and Asset Management Wealth transfer plans not high on the agenda for Brits News Aggregation Team Thursday, March 21, 2019 12:00 am http://eubankers.net/article/70274/wealth-transfer-plans-not-high-on-the-agenda-for-brits Quilter research shows it is something rarely being discussed or planned Wealth and Asset Management Phoenix Financial PR shortlisted as Communications & PR Agency of the Year Ana Hall Thursday, March 21, 2019 12:00 am http://eubankers.net/article/70275/phoenix-financial-pr-shortlisted-as-communications-ampamp-pr-agency-of-the-year Phoenix collected the Silver Award in the ‘PR Agency of the Year’ category at the inaugural Brand Management & Reputation Awards in 2016, and the Gold Award in the same category a year later. Wealth and Asset Management Muzinich hires GAM's Kubli for new structured credit role News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70383/muzinich-hires-gamamp039s-kubli-for-new-structured-credit-role Kubli had worked at GAM for 11 years, where she was senior portfolio manager for structured finance and corporate credit. Executive Moves KPMG announces new director in Asset and Wealth Management practice Mitzi Limlengco Monday, March 25, 2019 12:00 am http://eubankers.net/article/70377/kpmg-announces-new-director-in-asset-and-wealth-management-practice Samantha’s experience and expertise will help us ensure every piece of advice we give is scrutinised from a risk perspective. Executive Moves Deutsche Replaces Investment Boss News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70381/deutsche-replaces-investment-boss The move represents a renewed bid by Deutsche to win more recurring business from the world's wealthy Executive Moves Wealth manager hires former UBS man to Edinburgh office News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70382/wealth-manager-hires-former-ubs-man-to-edinburgh-office Swiss group targets regional growth with three UK appointments Executive Moves New Chair for LCM Mitzi Limlengco Monday, March 25, 2019 12:00 am http://eubankers.net/article/70388/new-chair-for-lcm LCM Appoints Non-Executive Chairman, effective 29 March 2019. Executive Moves Carolyn Rogers appointed as the next Secretary General of the Basel Committee Kris Borres Monday, March 25, 2019 12:00 am http://eubankers.net/article/70390/carolyn-rogers-appointed-as-the-next-secretary-general-of-the-basel-committee Carolyn's broad experience, in-depth understanding of the Basel Committee and leadership skills make her an ideal appointment to the position of Secretary General. Executive Moves Deutsche Bank Shakes Up Europe Private Banking, Plans Hires News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70309/deutsche-bank-shakes-up-europe-private-banking-plans-hires De Sanctis was hired last year from Credit Suisse Group AG to run the European unit of a division headed by Fabrizio Campelli. Executive Moves Wyelands Bank adds ex-Aldermore and ABN Amro staff as ABL directors News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70320/wyelands-bank-adds-ex-aldermore-and-abn-amro-staff-as-abl-directors In June 2018, Wyelands Bank appointed Ian Flaxman as managing director to its working capital solutions division with a focus on expanding the team. Executive Moves Trio of promotions for wealth manager News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70330/trio-of-promotions-for-wealth-manager Brewin Dolphin, which employs more than 200 people in Scotland, has made the promotions less than two months after announcing seven new hires in Glasgow and less than a year after refreshing its Edinburgh leadership team. Executive Moves NB Private Equity appoints new directors Mitzi Limlengco Friday, March 22, 2019 12:00 am http://eubankers.net/article/70332/nb-private-equity-appoints-new-directors These additions as well as the fact that, as previously announced, I will not be seeking reelection to the board at the 2019 Annual General Meeting, demonstrate our commitment to strong corporate governance. Executive Moves UAE, Austria Sign Agreements to Enhance Partnership, Investments News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70359/uae-austria-sign-agreements-to-enhance-partnership-investments Under the terms of the first MoU, ADNOC and OMV will evaluate new opportunities in petrochemical projects as a potential extension to their existing partnerships, and exchange knowledge and experience in refinery-petrochemical integration and optimisation Legal, Regulation & Compliance Sweden Seen Likely to Force Banks to Handle Cash Transactions News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70364/sweden-seen-likely-to-force-banks-to-handle-cash-transactions Key lawmakers said in interviews over the weekend that the government will probably seek to enact proposed legislation that had been roundly criticized by the banking industry and called potentially illegal. Legal, Regulation & Compliance Litigation Capital Management enters agreement to fund London-based law firm's disputes News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70365/litigation-capital-management-enters-agreement-to-fund-london-based-law-firmamp039s-disputes The law firm was one of the most active in the litigation space globally Legal, Regulation & Compliance PIMFA calls for FCA to postpone implementation of revised FOS compensation limits Mitzi Limlengco Monday, March 25, 2019 12:00 am http://eubankers.net/article/70369/pimfa-calls-for-fca-to-postpone-implementation-of-revised-fos-compensation-limits The impact on the PII market was an area of key concern flagged by PIMFA in our submission to the CP. Legal, Regulation & Compliance Norway’s FSA finds gaps in banks’ anti-money laundering measures News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70374/norwayamprsquos-fsa-finds-gaps-in-banksamprsquo-anti-money-laundering-measures FSA criticized DNB, Norway’s largest bank, for not having sufficient systems Legal, Regulation & Compliance A New Horizon by Mark Carney News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70347/a-new-horizon-by-mark-carney In pursuit of that New Horizon, let me briefly discuss progress and prospects in three critical areas - reporting, risk and return. Legal, Regulation & Compliance Angola Says It Recovers $3.35 Billion of Assets From Quantum News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70357/angola-says-it-recovers-335-billion-of-assets-from-quantum It included about $2.35 billion of financial assets held in U.K. and Mauritius banks, and $1 billion of real estate holdings in hotels, gold mines, farms and resorts in the country and abroad, it said. Legal, Regulation & Compliance A new horizon - speech by Mark Carney News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70312/a-new-horizon-speech-by-mark-carney European Commission High-Level Conference: A global approach to Sustainable Finance, Brussels Legal, Regulation & Compliance Gibraltar chief says UK must revoke Article 50 to 'take back control' News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70322/gibraltar-chief-says-uk-must-revoke-article-50-to-amp039take-back-controlamp039 If MPs do not support the withdrawal agreement then parliament has already said no deal should be taken off the table. Legal, Regulation & Compliance UK to encourage Crown Dependencies to introduce public registers voluntarily News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70323/uk-to-encourage-crown-dependencies-to-introduce-public-registers-voluntarily "The Crown Dependencies have confirmed they will develop public registers of company beneficial ownership once it has been established as a global norm. Legal, Regulation & Compliance PwC France Partner: Digital Assets Are for Corporations, Not Central Banks News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70362/pwc-france-partner-digital-assets-are-for-corporations-not-central-banks It is clear that a European-level project would be very complex and challenging governance-wise, requiring alignment and the political consensus of all relevant stakeholders from each Member State.” FinTech Tandem Bank Partners with Token Ana Hall Monday, March 25, 2019 12:00 am http://eubankers.net/article/70372/tandem-bank-partners-with-token The bank is the first institution built from the ground up with open banking in mind. FinTech Objectway's Financial Chatbot at the CINI National Conference on Artificial Intelligence Ana Hall Monday, March 25, 2019 12:00 am http://eubankers.net/article/70376/objectwayamp039s-financial-chatbot-at-the-cini-national-conference-on-artificial-intelligence A new service model for informative and proactive investment operations FinTech Hansard Selects SaaS-Based Majesco LifePlus Solutions Mitzi Limlengco Monday, March 25, 2019 12:00 am http://eubankers.net/article/70389/hansard-selects-saas-based-majesco-lifeplus-solutions Majesco has established itself as a market leader in cloud-based core insurance solutions within the individual life and pensions sector. FinTech HSBC signs deal to use BlackRock's 'Aladdin' software worldwide News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70310/hsbc-signs-deal-to-use-blackrockamp039s-amp039aladdinamp039-software-worldwide The partnership between Europe's largest bank and the world's biggest asset manager comes as both industries are battling to use technology to increase profits and improve service. FinTech Banks of the future must maintain human touch News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70314/banks-of-the-future-must-maintain-human-touch In a survey for CYBG, 81% of respondents say they would still want to speak to someone, or to visit a branch, no matter how advanced technology gets. FinTech Irish company circit brings open banking to the audit profession News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70319/irish-company-circit-brings-open-banking-to-the-audit-profession Regulation by the Central Bank of Ireland will accelerate Circit’s growth in Ireland, the UK and Europe. FinTech Sova Capital picks Iress for wealth management middle-office Mitzi Limlengco Friday, March 22, 2019 12:00 am http://eubankers.net/article/70345/sova-capital-picks-iress-for-wealth-management-middle-office Iress will provide multi-asset, multi-market risk and order management capabilities for all developed markets across the US and Europe. FinTech Swiss Bank Allowing Crypto Access is a Win for Bitcoin News Aggregation Team Thursday, March 21, 2019 12:00 am http://eubankers.net/article/70280/swiss-bank-allowing-crypto-access-is-a-win-for-bitcoin The Swiss bank, Julius Baer, is among the very first banks to allow such a crypto transaction facility within the banking arena. FinTech 12 financial institutions have signed up to Avaloq’s PSD2 solution to meet March deadline Ana Hall Thursday, March 21, 2019 12:00 am http://eubankers.net/article/70283/12-financial-institutions-have-signed-up-to-avaloqamprsquos-psd2-solution-to-meet-march-deadline Avaloq launched its PSD2 software and PSD2 as a service solutions in December 2018 FinTech The star fund manager hiding a £17bn secret News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70358/the-star-fund-manager-hiding-a-amppound17bn-secret Thousands of investors trust Terry Smith with their life savings. Alternative Investments Revenues up by 12% at IFG as it agrees takeover deal with UK private equity fund News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70368/revenues-up-by-12-at-ifg-as-it-agrees-takeover-deal-with-uk-private-equity-fund Epiris is to acquire financial services group IFG in a deal valued at some £206m Alternative Investments Global investor services provider rebrands as IQ-EQ Ana Hall Monday, March 25, 2019 12:00 am http://eubankers.net/article/70370/global-investor-services-provider-rebrands-as-iq-eq Our new name unifies our brands under a unique and vibrant new identity. It bonds our staff under one promise: global technical expertise combined with a deep understanding of the needs of our clients. Alternative Investments Maven Capital Partners hits £100m with MBO fund News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70373/maven-capital-partners-hits-amppound100m-with-mbo-fund The fund has already deployed close to £30m in three transactions Alternative Investments Italy signs deals worth 2.5 billion euros with China News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70346/italy-signs-deals-worth-25-billion-euros-with-china Italy’s state lender Cassa Depositi e Prestiti (CDP) signed an agreement with Bank of China to let it sell “Panda” bonds - debt sold by foreign entities to investors in mainland China. Alternative Investments Private Credit Fund Managers Are Ready to Step in Where Brexit Banks Retreat News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70348/private-credit-fund-managers-are-ready-to-step-in-where-brexit-banks-retreat Banks may become less active, making space for funds: Tikehau Alternative Investments Investment house City Financial goes to the wall News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70351/investment-house-city-financial-goes-to-the-wall Late last year it closed its Decca fund — which was worth about a third of the group’s entire $3.3bn (£2.5bn) value — after it lost 21% of its own value. Alternative Investments Cover story: how Irish insurance brokers have become targets for private equity News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70355/cover-story-how-irish-insurance-brokers-have-become-targets-for-private-equity Is the wave of consolidation good news for customers? Alternative Investments RLAM sees record inflows of £4.1bn in 'turbulent' 2018 News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70311/rlam-sees-record-inflows-of-amppound41bn-in-amp039turbulentamp039-2018 On a group level, Royal London announced record EEV operating profit before tax of £396m compared to £329m for 2017, representing an increase of 20%. Alternative Investments Aberdeen Standard and Gresham House team up for small-cap truffle hunt News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70317/aberdeen-standard-and-gresham-house-team-up-for-small-cap-truffle-hunt The two asset managers believe Mifid II’s unbundling rules have created opportunities to snap up smaller, ‘unloved’ companies Alternative Investments Deutsche Bank’s Investment-Banking Arm Looms Large Over Commerzbank Merger Talks News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70363/deutsche-bankamprsquos-investment-banking-arm-looms-large-over-commerzbank-merger-talks Cultural and business divides between the German lenders emerge as early focus Investment Banking MoraBanc merges its Strategy and Investments teams News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70308/morabanc-merges-its-strategy-and-investments-teams Both the deal and this latest merger are inline with Morabanc's strategic plan, announced last November, whose main objective is to place clients' service at the centre of the business, the bank said. Investment Banking The most dangerous jobs in a Deutsche Bank-Commerzbank merger News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70316/the-most-dangerous-jobs-in-a-deutsche-bank-commerzbank-merger Commerzbank staff, in particular, are aware of this history. Investment Banking Standard Chartered faces investor unrest over chief executive’s pay News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70321/standard-chartered-faces-investor-unrest-over-chief-executiveamprsquos-pay Bank accused of acting ‘fast and loose’ after changing Bill Winters’ pension calculation Investment Banking Deutsche Bank chief and investment bank head double pay in 2018 News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70329/deutsche-bank-chief-and-investment-bank-head-double-pay-in-2018 Duo received more than €15m in combined remuneration Investment Banking Edward Bramson to be Kept Away from Barclays’ Board News Aggregation Team Thursday, March 21, 2019 12:00 am http://eubankers.net/article/70273/edward-bramson-to-be-kept-away-from-barclaysamprsquo-board “The board believes that the interests of Mr Bramson are fundamentally misaligned with the interests of shareholders.” Investment Banking Deutsche slides down European investment bank rankings News Aggregation Team Thursday, March 21, 2019 12:00 am http://eubankers.net/article/70284/deutsche-slides-down-european-investment-bank-rankings German lender falls to fourth place behind US rivals after tumultuous year Investment Banking Here’s what junior investment bankers are earning in London News Aggregation Team Thursday, March 21, 2019 12:00 am http://eubankers.net/article/70291/hereamprsquos-what-junior-investment-bankers-are-earning-in-london Banks are striving to prevent millennials’ heads being turned by other sectors like private equity Investment Banking BNY Mellon Debuts Service to Evaluate Environmental, Social and Governance Factors in Investment Performance Ana Hall Wednesday, March 20, 2019 12:00 am http://eubankers.net/article/70242/bny-mellon-debuts-service-to-evaluate-environmental-social-and-governance-factors-in-investment-performance BNY Mellon clients will have the ability to view their total ESG and UNGC scores on equities at the account level versus relevant benchmarks over time. Investment Banking A foot in the door? Russia’s International Investment Bank moves to Hungary News Aggregation Team Tuesday, March 19, 2019 12:00 am http://eubankers.net/article/70192/a-foot-in-the-door-russiaamprsquos-international-investment-bank-moves-to-hungary Nevertheless, as the bank had a wide-ranging and well-functioning international network, the KGB frequently used it as a cover organisation. Investment Banking The European Union has bigger problems to deal with than Brexit News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70360/the-european-union-has-bigger-problems-to-deal-with-than-brexit The next recession will expose the eurozone as a half-baked project in need of leadership Comment, Analysis & Research ING chief claims Dutch bonus rules hurting in race to lure bankers News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70366/ing-chief-claims-dutch-bonus-rules-hurting-in-race-to-lure-bankers European capitals vying for financial services jobs expected to leave London Comment, Analysis & Research The big debate: Is Britain’s post-Brexit future bright? - Coutts Mitzi Limlengco Monday, March 25, 2019 12:00 am http://eubankers.net/article/70371/the-big-debate-is-britainamprsquos-post-brexit-future-bright-coutts Four panellists – a politician, trade expert, campaigner and writer – fiercely debated whether or not Britain would have a bright future in front of an audience of Coutts clients. Comment, Analysis & Research FE unveils who made its 2019 Alpha Manager Hall of Fame News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70375/fe-unveils-who-made-its-2019-alpha-manager-hall-of-fame 18 new entrants featured Comment, Analysis & Research Most popular funds since pension freedoms revealed News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70384/most-popular-funds-since-pension-freedoms-revealed AJ Bell's analysis showed a £100,000 portfolio split equally across the top 10 most purchased funds would now be worth £122,910 if withdrawals of £5,000 a year were made. Comment, Analysis & Research Criminals stole £1.2 billion from UK bank accounts in 2018 Kris Borres Monday, March 25, 2019 12:00 am http://eubankers.net/article/70385/criminals-stole-amppound12-billion-from-uk-bank-accounts-in-2018 Stolen data is used to commit fraud both directly and indirectly. Comment, Analysis & Research Gilbert’s comfort in his old age News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70352/gilbertamprsquos-comfort-in-his-old-age According to new Investment Association rules, top bods who change jobs like Gilbert can expect to see their pensions brought into line with most of their staff. Comment, Analysis & Research Equal pay for women? In 400 years, perhaps News Aggregation Team Sunday, March 24, 2019 12:00 am http://eubankers.net/article/70353/equal-pay-for-women-in-400-years-perhaps Tech pioneer Dame Stephanie Shirley also blazed a trail in flexible working. Comment, Analysis & Research Could network training schemes cause adviser bias? News Aggregation Team Friday, March 22, 2019 12:00 am http://eubankers.net/article/70318/could-network-training-schemes-cause-adviser-bias Support service providers also have a foot in the door, including SimplyBiz, which owns the New Model Business Academy. Comment, Analysis & Research FCA speech on consumer credit sector Ana Hall Friday, March 22, 2019 12:00 am http://eubankers.net/article/70325/fca-speech-on-consumer-credit-sector Speech by Jonathan Davidson, Executive Director of Supervision – Retail and Authorisations, at the Credit Summit, London. Comment, Analysis & Research GSD says tax treaty is ‘intrusive, harmful and politically inexplicable’ News Aggregation Team Tuesday, March 19, 2019 12:00 am http://eubankers.net/article/70219/gsd-says-tax-treaty-is-amplsquointrusive-harmful-and-politically-inexplicableamprsquo “It is, once again, another bad deal which is being given the hard sell by the Government.” Tax Many offshore havens more compliant than the UK News Aggregation Team Monday, March 18, 2019 12:00 am http://eubankers.net/article/70153/many-offshore-havens-more-compliant-than-the-uk There are no HMRC figures on how much tax is lost to the UK’s coffers in this way, but estimates put it in the billions. Tax Luxembourg tax reform for 2019: Part II Mitzi Limlengco Monday, March 18, 2019 12:00 am http://eubankers.net/article/70170/luxembourg-tax-reform-for-2019-part-ii For a Luxembourg company with profits exceeding EUR 200,000, the aggregate tax rate will decrease to 24.94%[1] from 26.01%. Tax Raising corporation tax may seem like a vote winner, but it makes all of us poorer News Aggregation Team Sunday, March 17, 2019 12:00 am http://eubankers.net/article/70142/raising-corporation-tax-may-seem-like-a-vote-winner-but-it-makes-all-of-us-poorer The wrongdoing he had in mind is money laundering and tax evasion. Tax Backlog of tax disputes hits 28,800 as HMRC shows no let-up in pursuing tax avoiders News Aggregation Team Sunday, March 17, 2019 12:00 am http://eubankers.net/article/70147/backlog-of-tax-disputes-hits-28800-as-hmrc-shows-no-let-up-in-pursuing-tax-avoiders Backlog of tax disputes has risen for three years in a row Tax Clarifications on “portfolio management of investment in real estate” News Aggregation Team Friday, March 15, 2019 12:00 am http://eubankers.net/article/70134/clarifications-on-ampldquoportfolio-management-of-investment-in-real-estateamprdquo All other services would be remunerated based on a lump-sum payment determined as a percentage of the rental fees collected by the management company for the immovable property comprising the portfolio. Tax IEA says attacks on tax havens undermine competition and privacy Mitzi Limlengco Friday, March 15, 2019 12:00 am http://eubankers.net/article/70131/iea-says-attacks-on-tax-havens-undermine-competition-and-privacy IEA release report on offshore financial centres Tax HMRC blames carelessness for unpaid tax News Aggregation Team Thursday, March 14, 2019 12:00 am http://eubankers.net/article/70088/hmrc-blames-carelessness-for-unpaid-tax HMRC stated it would tailor its approach depending on the type and size of the taxpayer or business it was dealing with. Tax RSM's Weekly Tax Brief - Tax and the Spring Statement Ana Hall Wednesday, March 13, 2019 12:00 am http://eubankers.net/article/70015/rsmamp039s-weekly-tax-brief-tax-and-the-spring-statement RSM’s weekly round-up of the most important tax news Tax Cayman dodges tax list but pressure persists News Aggregation Team Wednesday, March 13, 2019 12:00 am http://eubankers.net/article/70027/cayman-dodges-tax-list-but-pressure-persists Officials from the Cayman Islands Ministry of Financial Services said that government was pleased Cayman was not on the black-list Tax Revealed: how TSB’s Spanish owner Sabadell sparked IT meltdown News Aggregation Team Monday, March 25, 2019 12:00 am http://eubankers.net/article/70350/revealed-how-tsbamprsquos-spanish-owner-sabadell-sparked-it-meltdown The role played by Sabis will feature at the heart of a report by the law firm Slaughter and May Retail Banking Commerzbank chiefs start countdown to decision on Deutsche Bank merger News Aggregation Team Tuesday, March 19, 2019 12:00 am http://eubankers.net/article/70197/commerzbank-chiefs-start-countdown-to-decision-on-deutsche-bank-merger Commerzbank is working with Goldman Sachs and Rothschild, as well as with law firm Hengeler Mueller, sources said. Retail Banking Gatehouse broadens home finance offering News Aggregation Team Thursday, March 07, 2019 12:00 am http://eubankers.net/article/69859/gatehouse-broadens-home-finance-offering The bank has also expanded its HPP offering for UK expats and international residents. Retail Banking Deutsche and Commerzbank: why Berlin is backing a merger News Aggregation Team Monday, March 04, 2019 12:00 am http://eubankers.net/article/69733/deutsche-and-commerzbank-why-berlin-is-backing-a-merger Rumoured for a decade, the move to combine Germany’s two largest banks now has political backing Retail Banking Ulster Bank staff cuts fear over wind-down of units News Aggregation Team Monday, February 18, 2019 12:00 am http://eubankers.net/article/69323/ulster-bank-staff-cuts-fear-over-wind-down-of-units It is planning another sale of distressed home loans in the second half of 2019, following the successful disposal of a €1.4bn non-performing portfolio to American private equity investor Cerberus last year. Retail Banking Positive RBS International Annual Results 2018 Kris Borres Monday, February 18, 2019 12:00 am http://eubankers.net/article/69326/positive-rbs-international-annual-results-2018 RBS Internationalincreased its total operating costs by 19% to £260m to support its larger and more independent business structure. Retail Banking Closure of bank branches and cash machines ‘cutting off’ parts of Scotland News Aggregation Team Tuesday, February 12, 2019 12:00 am http://eubankers.net/article/69182/closure-of-bank-branches-and-cash-machines-amplsquocutting-offamprsquo-parts-of-scotland Consumer group Which? is calling for a regulator for cash access to be appointed Retail Banking Nationwide takes IT investment hit as profits fall News Aggregation Team Friday, February 08, 2019 12:00 am http://eubankers.net/article/69108/nationwide-takes-it-investment-hit-as-profits-fall This investment is to ensure we can continue to meet our members’ changing needs in an increasingly digital future. Retail Banking SocGen To Shrink Trading Unit, Cuts Targets After Market Rout News Aggregation Team Thursday, February 07, 2019 12:00 am http://eubankers.net/article/69053/socgen-to-shrink-trading-unit-cuts-targets-after-market-rout Bank sees fixed-income, commodities, currency trading down 29% Retail Banking French bank BNP Paribas lowers targets after weak fourth quarter News Aggregation Team Wednesday, February 06, 2019 12:00 am http://eubankers.net/article/69050/french-bank-bnp-paribas-lowers-targets-after-weak-fourth-quarter Net profit was slightly above market expectations at 1.44 billion euros, compared with an expected 1.41 billion euros, and marking a marginal increase from fourth quarter net profit of 1.43 billion euros a year earlier. Retail Banking 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 Hargreaves's McPhail to chair transfers group News Aggregation Team Monday, February 11, 2019 12:00 am http://eubankers.net/article/69143/hargreavesamp039s-mcphail-to-chair-transfers-group Mr McPhail, who is also head of policy at Hargreaves Lansdown, has explained why he is committed to Star. Pensions Insurance boss warns pension shake-up plans are ‘terrifying’ News Aggregation Team Tuesday, January 29, 2019 12:00 am http://eubankers.net/article/68792/insurance-boss-warns-pension-shake-up-plans-are-amplsquoterrifyingamprsquo Chief of life insurer PIC warns superfund proposals could hit scheme protections Pensions PIMFA Calls Retirement Outcomes Review from FCA an Opportunity Missed for Consumer Engagement Mitzi Limlengco Monday, January 28, 2019 12:00 am http://eubankers.net/article/68763/pimfa-calls-retirement-outcomes-review-from-fca-an-opportunity-missed-for-consumer-engagement The pensions advice allowance remains an obvious tool for consumers who have never accessed advice to use in order to better understand their options and the implications of their product choices. Pensions LEBC expresses concerns over record numbers accessing pension plans/record withdrawals Ana Hall Friday, January 25, 2019 12:00 am http://eubankers.net/article/68709/lebc-expresses-concerns-over-record-numbers-accessing-pension-plansrecord-withdrawals People deserve the facts prior to making a decision, not after, when it is too late to reverse their decision. Pensions From truffle trees to sunken treasure, beware of unregulated investments in your pension News Aggregation Team Thursday, January 24, 2019 12:00 am http://eubankers.net/article/68660/from-truffle-trees-to-sunken-treasure-beware-of-unregulated-investments-in-your-pension Self-invested personal pensions, or Sipps, give us the freedom to invest in what we want. Pensions 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 Preparing your firm for Brexit Ana Hall Thursday, February 28, 2019 12:00 am http://eubankers.net/article/69650/preparing-your-firm-for-brexit Firms and funds need to notify us that they want to enter the regime and obtain a temporary permission. Brexit How a post-Brexit influx of bankers could boost Frankfurt’s art scene News Aggregation Team Sunday, February 24, 2019 12:00 am http://eubankers.net/article/69500/how-a-post-brexit-influx-of-bankers-could-boost-frankfurtamprsquos-art-scene Up to 2,000 financiers are expected to relocate from London to the German city by 2020 Brexit British Banks Are Getting a Last-Minute Break From the EU News Aggregation Team Wednesday, February 20, 2019 12:00 am http://eubankers.net/article/69426/british-banks-are-getting-a-last-minute-break-from-the-eu National governments act to protect contracts worth trillions Brexit City clearing houses are given no-deal Brexit access News Aggregation Team Monday, February 18, 2019 12:00 am http://eubankers.net/article/69368/city-clearing-houses-are-given-no-deal-brexit-access London Clearing House, ICE Clear Europe and the London Metal Exchange will be given formal recognition from March 29 if Britain does not secure a deal, the regulator said Brexit Warning for British banks over Brexit staff relocation News Aggregation Team Friday, February 15, 2019 12:00 am http://eubankers.net/article/69309/warning-for-british-banks-over-brexit-staff-relocation All banks must ensure that they have relocated sufficient staff to the EU 27 entities Brexit Bank of America Brexit preparations cost $400m News Aggregation Team Thursday, February 14, 2019 12:00 am http://eubankers.net/article/69247/bank-of-america-brexit-preparations-cost-400m As part of its Brexit preparations Bank of America last year named Dublin as its new European banking headquarters and Paris as its European trading headquarters. Brexit Business Families Consider Option As Brexit Deadline Nears News Aggregation Team Wednesday, February 13, 2019 12:00 am http://eubankers.net/article/69235/business-families-consider-option-as-brexit-deadline-nears Certainly it will be influencing decisions for European family businesses about whether to continue to invest or operate a base in the UK, but we are yet to see any signs of capital flight. Brexit British and US Banks at loggerheads over ties with EU ahead of Brexit News Aggregation Team Monday, February 11, 2019 12:00 am http://eubankers.net/article/69129/british-and-us-banks-at-loggerheads-over-ties-with-eu-ahead-of-brexit While US banks want Britain to maintain the closest possible ties with the EU after Brexit, UK banks and insurers are anxious they don't become beholden to new laws made by Brussels Brexit