Hedge funds show $300bn decline
New York, NY – July 13, 2010 – TrimTabs Investment Research and BarclayHedge reported that the hedge fund industry posted…
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Not Haunted by Hoarding
As of this Friday, I wil be a householder in Dalston, Hackney – not an area known to most Spear’s…
ByNYT: US steps up HSBC offshore probe
Federal prosecutors are ramping up their criminal investigation into HSBC concerning its sale of offshore tax services to wealthy Americans…
ByNational: al Khorafi $225m claims struck out
Three members of Kuwait’s wealthy al Khorafi family have vowed to appeal against a decision last week by a Dubai…
BySpain Reigns
As Beckenbauer said, the English have learnt nothing under Fabio, as they still kick the ball aimlessly forward in the…
ByChapter One
My lords, ladies and gentlemen: good afternoon, and welcome to the Criterion Restaurant for the second Spear’s Book Awards. My…
ByIndy: Coutts withdrawing free banking
Coutts, the state-owned private bank whose clients famously include the Queen, is withdrawing free banking from anyone who doesn’t do…
BySorry, Your Honour
There must be some slick financiers who are living in terror, afraid of the knock on the door of their…
BySunshine and Somerset
You sense that Lady Cosima’s black book – compiled with skill and every social grace over the years – is…
ByBP = Borgias?
When good patrons go bad… When good patrons go bad… Enjoy! AHG
ByBack in the USSR
What is the significance of such a large spy-ring, and what were its objectives? The FBI has closed down a…
ByTexting Dr. Phil
Ever been in the middle of dinner when you suddenly wondered what it all means? Well, now there’s an app…
BySouth of the Border but Beyond Reason
Now for Oliver Stone. Let’s start at the beginning. Alright, yes, yes, I get it, Oliver. America has been an…
ByHeading for a Fall
Over a year ago Spear’s predicted a double-dip recession. Over a year ago Spear’s predicted a double-dip recession, for the…
ByBleeding Profit
The lawsuits and the investigations may recast the entire fiasco in a new light and repair US-UK relations on the…
ByB’berg: UBS whistleblower seeks commuted sentence
June 24 (Bloomberg) — Bradley Birkenfeld, once a UBS AG banker who handled a $200 million investment for a billionaire…
ByCollateral Damage
I feel sorry for him, Gen. Stanley McChrystal. I really do. I feel sorry for him, Gen. Stanley McChrystal. I…
ByCash in Hand
Commodity currencies have been increasingly in demand as a whole host of emerging economies have been industrialising fast, says Chloé…
ByThe Art of Ingratitude
It’s incredible – auction houses are the beneficiaries of the new global wealth yet have the brazenness to insult them.…
ByWorld Wealth Report: HNWs return to 2007 levels of wealth, Asia-Pacific leading way
The world’s population of high net worth individuals (HNWIs1) grew 17.1% to 10.0 million in 2009, returning to levels last…
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