Managers of Wealth

Raising rates, calming markets – testing times for the ECB

That makes a shallower hiking cycle in Europe more likely, with rates peaking at 1.25% in the first quarter of 2023.

PIMFA welcomes Financial Conduct Authority ban on Claims Management ‘phoenxing’

PIMFA has long argued that this practice should be stamped out.

Swiss cantonal bank BLKB turns to NetGuardians to fight payment fraud

BLKB has 850 employees, 25 branches and total assets of over CHF 32 billion ($32.8 billion).

Six Carey Olsen partners enjoy Best Lawyers recognition

The 11th edition of The Best Lawyers in the United Kingdom saw 6,000 lawyers recognised across 84 practice areas.

Job cuts in the cards at Credit Suisse following third profit warning of the year

The bank warned on Wednesday it expects a loss at the group-wide level and at its investment bank in the second quarter.

Stifel to bolster European footprint with acquisition of ACXIT

It also maintains a presence in additional key verticals such as industrials, real estate, and consumer and retail.

Deutsche Bank wants to get the cash under control

Since handling cash in branches causes costs, it should only be available in a few large centers and at ATMs.

Leading law firm for philanthropy and impact investing in Asia Pacific

The awards aim to recognise leaders in the global wealth management industry that demonstrate a commitment to and pre-eminence in the crucially important areas of environmental, social and governance (ESG), impact investing, diversity and inclusion.

Get the super-rich to payback: Impose a windfall gain tax and a wealth tax

The Cabinet had no other viable option given the grave situation faced by the Government (and the country).

Is it time to strategically transform tax operations?

New tax operating models can help investment management firms focus on strategic issues while saving cost

Old dogs, new tricks: adapting central bank balance sheets to a world of digital currencies − remarks by Andrew Hauser

Given at Federal Reserve Bank of New York and Columbia SIPA Workshop on ‘Monetary Policy Implementation and Digital Innovation’, New York

New EU Regulations: Great Opportunity for Sustainable Investing

The EU’s Action Plan on Sustainable Finance is focused on promoting sustainable finance and driving investments towards a low-carbon economy.

Vontobel Embroiled in Bitter Legal Conflict with Two Asian Companies

The NZZ said both sides are becoming increasingly aggressive.

FINMA extends protective measures at Sberbank (Switzerland) AG

The measures will remain in place until 2 August 2022 owing to heightened international sanctions and the continuing risks for the bank’s liquidity situation.

Carey Olsen's Dean Robson named in Channel Islands Top 35 Under 35

Dean's inclusion marks the third straight year he has been recognised by eprivateclient.

The CSSF sanctions Natixis Wealth Management Luxembourg

The bank took note of the sanction and specified that “as part of its medium-term plan 2021-2024, Natixis Wealth Management has decided to end this non-strategic depository activity, managed in run-off since September 2021”.

Nigel Green fined and banned for five years in South Africa

The investigation revealed that Brite which was formerly known as deVere Investments South Africa (Pty) Limited, and deVere SA Acuma (Pty) Ltd, during the period 22 February 2010 to 1 August 2015 contravened various financial sector laws.

German police raid DWS and Deutsche Bank over greenwashing allegations

Asset manager accused of misleading investors about ESG factors in its financial products

April Hamel Listed For The Second Year As Channel Islands Top 35 Under 35

April joined Accuro in September 2020 as Legal Counsel

UBS Must Pay Clients $1.4M Over YES Options Strategy

The causes of action related to UBS’s Yield Enhancement Strategy (YES), a managed-account options strategy product.

Legal,Regulation,Tax & Compliance