Legal
2116 articles found
FCA stops Advantage Wealth Management Ltd from carrying out regulated activities and imposes assets restriction
The action follows concerns that AWM is not being managed in a way that ensures that its affairs are conducted in a sound and prudent manner.
Private equity must be wary of regulators amid wealth deal spree
The increasing regulatory burden has become a challenge for buyers, a leading investor in the sector says
Citi rejects harassment claims against wealth head Andy Sieg
Carreon’s lawsuit accuses Sieg of ‘spurring on a campaign of unrelenting and egregious sexual harassment, manipulation, and grooming’ against her.
Investigations against Deutsche Bank
The German Federal Criminal Police Office has conducted raids at Deutsche Bank branches in Frankfurt and Berlin.
Citigroup hit with lawsuit alleging ‘weaponized’ HR, hostile culture at wealth unit
Former senior wealth management executive’s accusations target Andy Sieg and an HR department that ‘reeks of institutional misogyny.’
Federated Hermes to open Hong Kong office
The US asset manager is seeking to expand its Asian footprint, honing in on the region's wealth and institutional markets.
Restructuring without applause: Bollinger cleans up at Julius Baer
The new Julius Baer CEO is consistently severing ties with external consultants.
Capital Gains Tax receipts for 2025 fall 8.4% to £13.65 billion
HM Revenue and Customs data released today showed that Capital Gains Tax receipts for 2025 were £13.646 billion, down from £14.900 billion in 2024 – a fall of 8.4 per cent.
Edelman Calls Prime Capital’s Request to Pause Lawsuit a 'Transparent Delay Tactic'
The wealth management firm argues that halting litigation would allow Prime Capital to continue its alleged recruitment of Edelman planners.
Scottish Budget: income and wealth tax changes explained
Scottish taxpayers face different rates and bands of income tax for most of their taxable income.
Bill Gates’ $8 Billion Divorce Payout Revealed
At the time, both parties chose to keep the financial terms private, making the recent disclosures one of the clearest glimpses yet into how the settlement was structured.