Tel: BarCap looking at raising bankers’ salaries
Barclays is considering raising investment bankers’ base salaries to avoid the worst of the City regulator’s crackdown on bonuses. Barclays…
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Guardian: Hedge funds won’t face leverage limits
London-based hedge fund managers are set to secure a partial victory in their battle against tougher European controls on their…
ByEasyBourse: Schroders PB income falls
LONDON -(Dow Jones)- Schroders PLC (SDR.LN) Tuesday said retail and institutional investors are flocking to its stock and bond funds,…
ByYellow Peril
I’ve started shouting at inanimate objects more often. And I’m wondering if I’m alone on this. Is it a sign…
ByReuters: Julius Baer sees NNM slow down
ZURICH, Nov 10 (Reuters) – Swiss private bank Julius Baer (BAER.VX) said on Tuesday it continued to record healthy inflows…
ByReuters: Millionaires’ auction site launches
NEW YORK (Reuters) – Millionaires down on their luck now have a place to sell their mega-yachts, super-cars and family…
ByWBrief: Philanthropy now going direct
More philanthropic donations are being made directly to projects, as research by UK private bank Coutts & Co reveals shifts…
ByMoneychangers' Revenge
As far as I can detect, these bankers are just a bunch of stock-jobbers and are not the backbone of…
ByWBull: Rise in US citizens giving up citizenship
Private client lawyers and relocation specialists are reporting a surge in wealthy Americans living abroad who are prepared to give…
ByTel: UBS fined £8m for control failures
UBS, the Swiss bank, has been fined £8m for system and control failures that enabled four London-based staff to use…
ByGOP Chickens Now Roosting
Palin’s attack on the Republican candidate Scozzafava opened the flood gates for a party purge and a near civil-war. You…
ByThe Empire (State) Strikes Back
I never understand how people find politics boring: mix dynamic personalities in pursuit of power, throw in a few scandals,…
ByWBull: UBS posts Q3 loss, shows more outflows
UBS AG on Tuesday posted a third-quarter net loss, hit by three big charges, and cautioned that heavy withdrawals from…
ByFast Times in the Big Apple
All New Yorkers wondered how they could party into night on Halloween and yet run or cheer the marathon the…
ByReuters: US UBS client gets three months in jail
MIAMI, Oct 30 (Reuters) – A tax evader turned government informant received a light sentence in Florida on Friday because…
ByST: Dog funds revealed
Some of Britain’s most high-profile managers have been singled out in a survey of the country’s worst-performing “dog” funds. Some…
ByDelaware most opaque tax haven, Switzerland in third
A new league table identifying the world’s most secretive tax havens has been published, putting Delaware, US, ahead of Luxembourg,…
ByReuters: EFG may go private, CEO says
ZURICH, Oct 28 (Reuters) – EFG International AG (EFGN.S), a Switzerland-based private bank and asset management group, could imagine going…
ByDreams of bravery
I sometimes lie in bed fantasising about acts of bravery. Our house is being burgled. This actually happened, except I…
ByHate crime, thought crime
There’s something inherently wrong in punishing someone for how they feel or think; surely we should punish people for what…
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