NASDAQ: Chinese brokerage to set up WM arm
Chinese mid-size brokerage Orient Securities Co. said Wednesday the country’s securities regulator has approved its plan to set up a…
ByWealth
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FT: Paulson will pay for Goldmans litigation
John Paulson, whose hedge fund profited from the transaction at the heart of the civil fraud charges filed in the…
ByReuters: US to prosecute more HNWs
SINGAPORE, May 3 (Reuters) – The U.S. government expects to probe thousands more cases of wealthy individuals dodging taxes through…
ByNYT: Picasso fetches record $106.5m
A painting that Picasso created in a single day in March 1932 became the most expensive work of art ever…
ByFT: Goldmans debt costs rise
The cost of insuring Goldman Sachs’ debt against default has risen to about the level of Morgan Stanley and Citigroup,…
ByIoS: Capricorn considers breaking with Goldmans
Capricorn Investment Group, one of the world’s biggest family offices, could break its relationship with Goldman Sachs following accusations by…
ByBald
Another cartoon from the sharpest pen: Bald. Another cartoon from the sharpest pen: Bald. Enjoy! AHG
ByBlue in the face
Voting Conservative is the only sensible option for realists. When Brown called the election it was Labour versus Conservatives, but…
ByBig Apple's Black Heart
By living in New York, I live in the middle of the world’s most coveted terrorist target. “New York, New…
ByBritain’s Bollygarchs
The new tribe of Indian billionaires has its capital in London. Clive Aslet profiles 20 of these Bollygarchs who love…
ByLuke Johnson buys into Beer & Partners
Beer & Partners, the UK’s largest business investment agency, and Luke Johnson, columnist for the FT and former chairman of…
ByIn a Bond Bind
How will a Lib-Lab coalition government affect the UK’s chances of funding all its debt? Freddy Barker investigates How will…
ByReuters: Switz to speed up looted-asset return
BERNE, April 28 (Reuters) – Switzerland on Wednesday unveiled a bill aimed at speeding up the return of assets locked…
ByOnce You Know, You Go
In my navy Budd shirt and Italian mint green trousers, I convinced myself that I was about to become murder…
ByFT: Goldmans vs the Senate
Goldman Sachs’ woes mounted on Tuesday as a Senate subcommittee attacked the bank for profiting from the financial crisis at…
ByAnd His Scarf Was…
Prince Andrew at the Apricot Gallery, Henry Wyndham at Sotheby’s, antique jewellery at Cartier and Grace Jones at the Vinyl…
ByWSJ: Swiss banks turning nose up at suspicious clients
ZURICH—Swiss banks such as UBS AG are getting tougher with European clients they suspect of dodging home-country taxes, a move…
ByCitywire: Ex-Goldmans director angered by product-pushing
A former executive director from Goldman Sachs’ private wealth management division believes wealthy families are ill served by private banks.…
ByReuters: Lloyds PB wants in top five
LONDON, April 26 (Reuters) – Lloyds Banking Group (LLOY.L) plans to become one of the five largest private banks in…
ByPromises, Promises
Spear’s has read the manifestos so you don’t have to; the picture for high-net-worths is not pretty. Is there anything…
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