Rapid rise in bank accounts hit by HMRC freezing orders in crackdown
The number of Account Freezing Orders has risen by over 170 per cent from 125 in the last three years,…
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Navigating the ongoing challenges of UK real estate
Standard Chartered’s Armando Rosselli explains why simplification could be the way forward for foreign investors in an increasingly complex world
Family offices open overseas branches in global rush
Accommodating internationally mobile family members and increasingly complex portfolios are among the main factors driving firms overseas, according to the…
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Rise of the ‘centimillionaires’: Number of UHNWs in the $100m-plus club rises by more than half in a decade
Centimillionaires are now flocking to US wealth hubs, including New York and San Francisco’s Bay Area, as well as China,…
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Women in power: Meet the 200 female leaders making waves
Women-powered businesses are making significant strides in reshaping the UK's high-growth ecosystem, despite facing a challenging economic environment, J.P. Morgan’s…
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Murdoch succession showdown prompts shareholder to challenge family control
A prominent News Corp shareholder wants an end to the dual-share structure as Rupert Murdoch seeks to sideline three of…
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The Agnelli dynasty: Wealth, tragedy, and a bitter inheritance battle
The Agnellis, Italy's ‘royal family’ of industry, has played a pivotal role in shaping global business and culture but a…
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HSBC to grow UK team as it looks to double wealth division
HSBC aims to double its UK assets under management to £100 billion ($131 billion) with ambitions to become a top…
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Richard Caring on the brink of £1 billion Ivy Collection sale
The billionaire businessman, dubbed the ‘King of Mayfair’, began exploring an auction in late 2023 and is now ‘weeks away’…
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London retains reputation as destination for the super-rich despite tax hikes
Wealth taxes are less of a concern for HNWs than recent headlines may suggest, but relocation trends surge amid geopolitical…
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Schroders to promote CFO to top job
CFO Richard Oldfield will be promoted to the top job when outgoing CEO Peter Harrison retires next year, according to…
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Two-thirds of non-doms plan UK exit within two years
The study by Oxford Economics surveyed 73 non-doms and some 40 tax advisers representing 952 non-dom clients
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Could it be the clash of the billionaire heiresses at the US Open?
Emma Navarro, daughter of ex-Citigroup vice president Ben Navarro, and oil heiress Jessica Pegula have reached the semi-finals of the…
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Family office wealth set to hit $9.5 trillion by 2023 amid global ‘explosion’
Family offices are prioritising international expansion and professionalisation as they seek to capitalise on investment opportunity, a Deloitte Private study…
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Royal-approved dinnerware retailer Thomas Goode & Co seeking a buyer
LSH has been tasked with securing a buyer for the 200-year-old business which provided a dinner service for the wedding…
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Hong Kong billionaire appoints son CEO of family office amid succession drama
Patriarch Henry Cheng, a father of six, made headlines last year when he hinted a successor to his multi-billion-dollar empire…
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Billionaire Sir Jim Ratcliffe promotes son to top job at Ineos Automotive
George Ratcliffe, the middle of Sir Jim’s three children, becomes President of the Americas ‘with immediate effect’, the company announced.
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Number of crypto super-rich skyrockets and shows no signs of slowing
There are now more than 172,300 individuals with more than $1 million in crypto assets – a 95 per cent…
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The new silk road: Middle East-Asia investment corridor ‘strengthening dramatically’, says HSBC global wealth chief
The bank’s private banking and wealth strategy is being shaped by increasing collaboration in the two regions, with trade forecast…
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Indian billionaire Gautam Adani to overhaul family office after short-selling scandal
Asia's second-richest person is seeking to rebuild his conglomerate’s credibility after a tumultuous 18 months
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