Female bomber kills at least three, injures 21 near Moscow restaurant, authorities say

Key insights: The Office of the Comptroller of the Currency denied Wise’s application to charter a de novo national trust bank, citing deficiencies in the company’s Bank Secrecy Act, Anti-Money Laundering and Countering the Financing of Terrorism programs.   What’s at stake: The decision marks the OCC’s first public denial of a fintech’s charter application following…

The transaction remains subject to approval from Swiss regulator FINMA. Credit: Mameraman/Shutterstock.com J. Stern & Co. has agreed to combine its Swiss operations with Geneva-based asset manager bvo capital. After completion, J. Stern & Co. will manage more than $2.8bn in assets. That total includes more than $2.3bn in its flagship World Stars Global Equity…

Wilaf Moore has been appointed as chief executive of Cazenove Capital for the UK and Channel Islands. Credit: Chrispictures/Shutterstock.com Schroders Wealth Management has announced a series of senior appointments across its investment, advisory and regional leadership teams. Grace Lavelle has been appointed chief investment officer (CIO). Access deeper industry intelligence Experience unmatched clarity with a…

Property owners and investors could face substantially higher capital gains tax bills on inherited assets if proposed reforms are implemented, according to analysis from wealth manager Rathbones. The research examines two potential policy changes: removing the capital gains tax uplift on death and aligning CGT rates with income tax bands. The findings suggest beneficiaries could…

Wildfires and Drought upend Greece, Hungary: Energy and Climate at Risk in Europe Europe’s Summer of Wildfires and Drought: Impacts on Energy and Climate Wildfires Ravage Greece AGIOS KONSTANTINOS, Greece, Aug 2 (Reuters) – Greek firefighters battled on Sunday to control a huge wildfire that has destroyed over 100 homes northwest of Athens, while a…