Trick of the light
The Turner show, for all its beauty, is ultimately lacking a centre, a climax, or rather, it has one but…
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Wealth
Scorpio: Equities bouncing back
Equities, reviled since the crash of September 2008 and the first months of the global recession, have made a strong…
ByMost. Tasteless. Ever.
There are few things which can shock Hedgehog, a hardened habitu’ of Annabel’s dirtiest corners and the spangliest shops of…
ByNew Year, New Life
Divorce lawyers are the only people who look forward to the January return to work because they know there will…
ByTory Time
LUV is in the air, according to Martin Sorrell of WPP, the world’s largest global advertising conglomerate, as he sacks…
ByPeople Will Talk
Another cartoon from the sharpest pen: Coffee. Another cartoon from the sharpest pen: Coffee
ByWSJ: US banks to pay $145bn bonuses
Major U.S. banks and securities firms are on pace to pay their people about $145 billion for 2009, a record…
ByIndy: Merck Finck heir contesting PB’s 1990 sale to Barclays
An heir to the Merck Finck & Co dynasty is contesting the 1990 sale of the German private bank to…
ByWBrief: Biggest Swiss banks lose $18bn in Italy?
The three biggest wealth managers in Switzerland – UBS, Credit Suisse and Julius Baer – may have lost as much…
ByChina Syndrome
The Chinese property boom is likely to cause a global property meltdown, says Ross Clark EVERY NOVEMBER THE bigger estate-agent…
ByThe Old Ones Are the Best Ones
It’s time to banish our fear of ageing, says Penelope Bennett, and embrace the opportunities it gives It’s time to…
ByNYT: Goldmans fesses up to trading ahead
For years, Wall Street whispered that Goldman Sachs profited handsomely by trading ahead of or even against its own clients.…
ByLily Safra buys $33m condo on Fifth Avenue
Ara K. Hovnanian and Rachel Lee Hovnanian sold a condo at 820 Fifth Ave. in Lenox Hill to Lily Safra…
ByWBrief: Switz creates secretary for global tax and finance
The Swiss Federal Council has appointed Michael Ambühl as state secretary for international financial and tax matters within the Federal…
ByThe Christmas Day “Bomber”
The scale of the lapses in security when Abdulmutallab allegedly attempted to detonate a bomb sewn into his underwear is…
ByBusWeek: UBS expecting China revenue to double
Jan. 11 (Bloomberg) — UBS AG, the world’s second-largest manager of assets for the rich, expects private-banking revenue from China…
By24 Hour Party People
Kasimira’s legendary parties are the talk of the town says Bianca Brigitte Bonomi Kasimira’s legendary parties are the talk of…
ByMerrill Lynch: 2010 recovery finely balanced
Yesterday morning Merrill Lynch laid out its vision for 2010 – cyclical equities like oil & gas companies and industrials,…
ByGuardian: UKFI’s no. 2 resigns
UK Financial Investments, the body that manages the taxpayer’s stakes in the bailed-out banks, suffered fresh management upheaval today when…
ByWSJ: UBS CEO says asset outflows must stop
ZURICH (Dow Jones)–UBS AG’s (UBS) chief executive told staff Monday halting the bleeding of assets from its wealthy client division…
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