Europe
SEC takes aim at Danske Bank over money-laundering in Estonia
High-risk customer transactions generated up to 99% of the branch’s profits
European wealth managers predict tougher suitability regulations
Most feel they will be pressured to pay compensation for failing to understand clients’ risk profiles
Surge in UK advisers seeking move to the EU
In a bid to follow their clients who are relocating to the bloc
Global wealth manager merges with family office
Combined company will oversee $29bn in assets