WSJ: 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…
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Citywire: 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…
ByCathy Come Home
The hapless Baroness Ashton is clearly inadequate and is an object of ridicule in Brussels The European Union’s beleaguered foreign…
ByThe Recession, Receding?
There are encouraging signs that the recession of 2009 is over, but where is the all-important US economy? There are…
BySEI: Clients feels WM independence is impossible
The study revealed that although 73 percent of private clients believe independence is of high or medium importance, only 32…
ByThe Artist Is Boring
From the street it was mayhem: rock concert-worthy crowds at MoMA had to be ushered in by huge security guards.…
ByMontego Bay Dispatches
The best literary referral system in the world is what fellow guests are reading around the swimming pool. I am…
ByRich List 2010: Mittal doubles to £22bn, total up 30% to £333.5bn
The 2010 Sunday Times Rich List, published tomorrow, April 25, shows that the collective wealth of Britain’s richest 1,000 people…
ByThe No-Fault Default
Sod the banks, is the thinking, and I totally get that. Chalk it up to the law of unintended consequences.…
ByJumby Bay Dispatches IV
The trouble with too many hotels today is that when it comes to ‘relaxing’, the spa has replaced the library.…
ByJumby Bay Dispatches III
Updike’s prose reads like somebody who writes too cosily. Greene and Wolfe prefer to get their hands (and notebooks) dirty.…
ByBRIC it on
Phillips is hosting a BRIC-themed sale. But does this term have any meaning? Phillips de Pury rejoices in the fact…
ByFT: Greece’s true deficit revealed
Greece’s budget deficit last year reached 13.6 per cent of gross domestic product, Eurostat said on Thursday, prompting Moody’s to…
ByJumby Bay Dispatches II
The mark of a true paradise resort is how you feel when you are trapped there: Jumby Bay has passed…
ByWBull: GSAM sees $39bn in outflows 1Q10
Clients pulled a record net $39bn (-28.9bn) from the asset management arm of Goldman Sachs in the first quarter of…
ByTyranny of the minorities
And now the political class dare not tell the truth. Why? Because democracy in Britain is now subject to the…
ByTel: Did Goldmans short Lehmans?
Goldman Sachs has been drawn into a fresh controversy as lawyers demand to know whether it was partly responsible for…
ByFabulous Fab
Inspired by the leaked email from Goldmans’ ‘Fabulous Fab’ Tourre… Inspired by the leaked email from Goldmans’ ‘Fabulous Fab’ Tourre……
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