Citigroup, the New York-based, NYSE-listed banking group that many U.S. expats still have accounts with, has named Hannes Hofmann global head of its London-based Family Office Group, as it continues to expand its private banking operations across Europe.

London & Capital, the well-known, London-based wealth and asset manager known for its expertise in looking after high-net-worth American expats and others with U.S. connections, has sold a "majority stake" to a Philadelphia-based private equity firm known as Lovell Minnick Partners, the two companies announced today.

U.S. Treasury officials meeting last week with representatives of the French Presidency of the Council of the European Union (PFUE) have been said to "welcome" an EU proposal that would address the major problems so-called "accidental American" EU citizens have been having in trying to obtain and keep bank accounts…

A just-announced visa scheme aimed at encouraging university graduates from the world's "top 50 non-UK universities" to take entry-level jobs in their careers in Britain is being seen as potentially likely to attract a disproportionate number of U.S. graduates, owing to the percentage of U.S. universities on the "World's Top…