Managers of Wealth

J.P. Morgan takes three former advisers who joined competitor to court

The three also “improperly took with them to Raymond James J.P. Morgan’s confidential client information,” including contact information, J.P. Morgan alleges.

UBS to pay more in rate manipulation settlement

They previously reached Libor-related settlements with the British multinational investment bank, Barclays, as well as Deutsche Bank and CitiBank, collecting nearly $500 million.

Beneficial ownership register to be made public by 2023

The U.K. chose the year 2023 because it was the date set by a previous government under David Cameron for the worldwide sharing of beneficial ownership information.

Higgs & Johnson Lauded as Leading Firm by Legal 500 Caribbean

The firm received the highest ranking (Tier 1) and was recognized for a number of its practice areas including commercial transactions, real estate and development, litigation and private client and wealth management.

Swiss Government Says Existing Finance Laws Can Apply to Crypto

The Federal Council is a seven-member body that serves as the executive branch of the Swiss national government.

Statement on treatment of Gibraltar in our Handbook after Brexit

As part of our Brexit preparations, we will make a rule to preserve the existing Handbook treatment in respect of Gibraltar in the post exit day Handbook.

UK Government note clarifies “no deal” and data protection

The note confirms that separate draft regulations and more detailed guidance will be published in the next few weeks but, in the meantime, it clarifies at a high level a number of key issues for organisations both within the UK and outside but doing busin

City banker found guilty of murdering woman with pestle

Zahid Naseem bludgeoned Christina Abbotts to death in West Sussex attack

The golden opportunity created by the post-financial crisis compliance boom

But equally, there has been a substantial body of what many would classify as new or expanded regulation which may have followed after the crisis in time, but has not truly been a response to it.

Merrill to Pay $6 Mln for Favoring ‘Insiders’ with IPO Shares

IPOs Included Facebook, Inc., General Motors Co., LinkedIn Corp., and Twitter Inc.

Julius Baer sells its domestic business in the Netherlands

In its strategic push to focus on core markets, Julius Baer has agreed to sell its domestic business in the Netherlands to Wealth Management Partners N.V.

Diversity in financial services and the challenge to be met by Christopher Woolard, FCA

Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at Ropemaker Place, London.

Santander fined £33m for failing to pass on inheritances

The Financial Conduct Authority has fined Santander £32,817,800 for failing to effectively process the accounts and investments of deceased customers.

ESMA tells firms to provide clients with information on the implications of Brexit test

The statement is addressed to UK firms that provide services in EU27 Member States, as well as EU27 firms that deal with clients based in the UK.

High-flying investment bankers, reclusive billionaires, and 'The Wolf of Wall Street': a guide to the major players in Malaysia's 1MDB scandal

A Malaysia Development Berhad billboard at the flagship Tun Razak Exchange development in Kuala Lumpur.

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