Managers of Wealth

Advisers back Garnier over RDR review

Conservative MP for Wyre Forest and TSC member Mark Garnier has asked for the committee to consider an inquiry.

KPMG Warns Over £50 Billion ‘Basel 4′ Capital Hole

The latest salvo in the leverage ratio lobbying battle was fired Thursday by KPMG – with the consultancy group warning that major U.K. banks may have raise £50 billion ($78.5 billion) in capital as regulators look to restrict the size of thei

Lloyds Banking Group raids Swiss Private Bank for disputes chief

The day after customers of Lloyds TSB saw the bank split from its parent company in one of Britain’s most high-profile banking shake-ups.

UK Govt Releases Infographic On Anti-Avoidance Work

The UK Government has released an interactive infographic giving an overview of its approach to reducing tax avoidance and evasion.

KWM, Bakers, Freshfields shine at ALB HK Law Awards

The 12th annual event recognised Hong Kong and North Asia's best law firms

Austria's Faymann Clarifies 'Millionaire Tax' Plans

Austrian Chancellor and Social Democrat party leader Werner Faymann clarified details of his party's wealth tax plans

Deutsche Bank Faces Hearing Over Fired Euribor Traders’ Claims

Deutsche Bank AG faces a hearing in a lawsuit by four traders fired over the lender’s role in the alleged rigging of interest benchmarks after mandated mediation failed to produce a settlement.

Swiss ok for US Fatca inches ahead

The agreement now returns to the upper house to iron out a difference in the two versions related to the date when the Fatca agreement will be implemented.

Regulator Said Probing Deutsche Bank Over Expenses

Reuters News reports that the Securities and Exchange Surveillance Commission (SESC) found evidence of potential infractions during a regular audit of Deutsche Securities Inc, the German bank's investment banking arm in Tokyo,

Bakers Seals Hire of McDermott's Head of European M&A

Baker & McKenzie has sealed the hire of McDermott Will & Emery's head of European M&A, Mats Sacklen

Hargreaves Launches Legal Challenge to Rebate Tax

Ian Gorham , chief executive of Hargreaves Lansdown, said the introduction of what the group is calling a 'discount tax' is "extremely disappointing news and an attack on the small investor".

Conyers Dill & Pearman receives two honours

Conyers Dill & Pearman took home two honours at the recent Macallan ALB Hong Kong Law Awards for its work on the Yahoo! Inc./Alibaba buyback, one of the most well-publicised deals of the year.

Tax avoidance 'not a legal duty'

Britain's business leaders will be sent advice on Monday from a top law firm warning them they cannot claim it is their fiduciary duty to shareholders to avoid tax.

Barclays GC hire shows wariness of US-led regulatory world, say partners

Barclays appoints former US Treasury GC as UK banks increasingly seek regulatory skills

Bank of America, Merrill in $39 Million Gender Bias Settlement

Bank of America Corp agreed to pay $39 million to settle a gender bias lawsuit by female brokers who claimed they were paid

Top level exits continue as BLP tax litigation head joins Clifford Chance

The firm said it had reached its “target number” of redundancies

G20 summit: states chase tax evaders with plan to swap data globally

New treaties will require financial institutions to automatically disclose customer assets to overseas tax bodies

OECD's Gurría presents G20 Leaders with proposal to tackle tax evasion

OECD Secretary-General Angel Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals.

Netherlands Eyes Tax Treaty Update With Developing Countries

The Netherlands has tax treaties with over 90 countries

Mayfair-Firm Forsters Makes First Lateral hire in two years

Breedy Henderson partner Rosalyn Breedy has joined Forsters and wrapped up the niche private wealth practice she founded in the process.

Legal,Regulation,Tax & Compliance