Reuters: Rothschild plans to double
LONDON (Reuters) – Anglo-French banking group Rothschild ROT.UL plans to at least double the size of its British private banking…
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Bloomberg: Deutsche looking at ex-pat Indians
March 4 (Bloomberg) — Deutsche Bank AG, Germany’s biggest bank, plans to double the assets it manages for wealthy Indians…
ByFT: HMRC to name tax evaders
A fresh assault on tax evasion has been launched by HM Revenue & Custom after new legislation allowing the publication…
ByWBrief: Schroders PB profits down 50%
Profits at the private banking arm of Schroders, the London-listed firm, slid by almost half to £20.1 million (around $30.3…
ByTimes: Prokhorov loses £36m deposit
A lump sum of -40 million (£36 million) will buy a sumptuous mansion on the French Riviera. Russia’s richest man…
ByReuters: Sarasin profits up 6% ’09
ZURICH, March 2 (Reuters) – Private bank Sarasin (BSAN.S) set ambitious new targets for assets under management after booking a…
ByWBrief: HSBC PB profits down 21%
The private banking division of HSBC, the UK-listed bank, said today that its pre-tax profit for 2009 was $1.1 billion,…
ByGreening Philanthropy
How many philanthropists does it take to change a lightbulb? None: they just fund a project helping disadvantaged youth to…
ByST: Candys to buy Grosvenor House?
THE Candy brothers, property developers to the super-rich, are poised to enter the bidding battle for the Grosvenor House hotel…
ByHyperlocality
It occurred to me that hyperlocalism is a problem/opportunity for national and larger newspapers – not so much for magazines.…
ByFalklands Oil Wars
British drilling for oil in the Falklands has prompted the deeply unpopular President Kirchner of Argentina to become bellicose. The…
ByIndy: Withers in contempt of Parliament
A leading law firm has been found “in contempt” of the Commons after threatening an MP with legal proceedings if…
ByJudging a book by its cover
Uch, bookbinding. It’s all hideous marbled covers and yellowing pages and stumpy spines, isn’t it? Well, for centuries you would…
ByExclusive: Private bankers need a ‘Hippocratic oath’, says Kleinwort CEO
Private bankers need an industry-wide ‘Hippocratic oath’ to ensure uniform standards of knowledge and behaviour, Robert Taylor, the CEO of…
ByNYT: Bernanke says recovery still too halting
WASHINGTON Ben S. Bernanke, the Federal Reserve chairman, signaled on Wednesday that he did not plan to begin raising interest…
ByFT: Divorce settlements made during recession can be renegotiated
An American heiress must pay her estranged husband a £5m lump sum to help cover losses he suffered during the…
ByCountdown to Catastrophe
Stephen’s new book is out now and available through the Spear’s website. Stephen’s new book, Countdown to Catastrophe, about the…
ByGuard: Lloyds CEO waives bonus
Eric Daniels, chief executive of Lloyds Banking Group, has bowed to public pressure and waived a £2.3m bonus that the…
ByWSJ: Classic cars in death sell-off
John O’Quinn’s car collection is believed to be one the largest in the world, housing up to 800 rare and…
ByMossad and stolen papers
Mossad has a long history of acquiring authentic passports in bogus names. The death of Mahmoud al-Mabhouh, one of the…
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