Sotheby’s: Good times back as Warhol nearly quadruples estimate?
Tonight at Sotheby’s in New York, Andy Warhol’s monumental masterpiece, 200 One Dollar Bills, brought a remarkable $43,762,500, soaring past…
ByWealth
Latest in
Wealth
Lost at Sea?
The apparent disappearance of the freighter Arctic Sea in August 2009 has all the elements of an espionage thriller. The…
ByFT: Former Santander exec arrested over Madoff
The former head of Optimal, the Geneva-based hedge fund investment arm of Spanish bank Santander, has been charged with criminal…
ByFT: BlueCrest to move 50 staff to Geneva
BlueCrest Capital, one of the UK’s largest hedge funds, is moving a significant portion of its operations to Geneva amid…
ByWBrief: BarWealth makes changes at the top
Barclays Wealth has made a number of top-level changes to the management of its UK and Ireland private banking business,…
ByEight Suggestions for the Pre-Budget Report
It has been announced today that the current Chancellor’s third Pre-Budget Report (PBR), will be unveiled on 9 December. Tim…
ByInvestment Outlook: Fair
Josh Spero ventures into a venture capital fair to see whether the recession is ruining chances or sparking up entreprises.…
ByTel: 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…
ByGuardian: 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…
By