Mervyn King's Speech
In a speech delivered last night in Scotland, the Governor of the Bank of England, Mervyn King, stressed his feeling…
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FT: Credit Suisse first int’l bank with new bonus plans
Credit Suisse on Tuesday became the first big international bank to respond formally to regulatory demands to reform pay, with…
ByObituary: Oleg Tsarev
Tsarev understood the demands of western academia and made little effort to sanitize some of the more unpalatable aspects of…
ByEasyBourse: Julius Baer leaving US offshore services
ZURICH -(Dow Jones)- Julius Baer Group AG (BAER.VX) said Monday it has begun an exit from U.S. offshore financial services…
ByWSJ: Investors staging a run on Galleon after arrest
Hedge-fund giant Galleon Group, facing heavy investor withdrawal requests after Friday’s arrest of co-founder Raj Rajaratnam, moved to unload some…
BySmith to Keynes: Be Quiet!
This is the text of Alasdair Macleod’s Adam Smith lecture, delivered last week at Boodles: Alasdair takes aim at the…
ByBletchley in good hands
The Park has been handicapped by more than a decade by well-intentioned amateurs who seemed reluctant to take advice The…
ByReuters: Schroders PB looking for £150m revenues by 2014
LONDON, Oct 16 (Reuters) – Schroders Investment Management’s (SDR.L: Quote, Profile, Research) private banking arm is targeting full-year revenues of…
BySwissInfo: UBS ‘more stable’ than a year ago, says FINMA
Swiss bank UBS is in a healthier position now than a year ago when it required a massive state bailout,…
ByFrieze Week: Thursday
Why the Trafigura Prize is trying to pour oil on troubled waters (ho-ho) and Alex Dellal tells me what his…
ByReuters: Genevoise bankers in fear for Switz
GENEVA (Reuters) – Geneva’s banks and trading houses are worried about the future allure of Switzerland as an international banking…
ByMarketWatch: Belgian bank to buy Kleinwort Benson
FRANKFURT (MarketWatch) — RHJ International SA, a Belgium-based diversified investment holding company, said Thursday that it’s agreed to buy Kleinwort…
ByFrieze Week: Wednesday
When the fair finally opened, orange stickers appeared on works’ labels like a rapidly-spreading outbreak of chicken pox. Plus, Spear’s…
ByFT: 80% of City workers see bonus rises or stable
Four-fifths of City workers expect their bonuses this year to be higher or similar to those last year in spite…
ByTimes: Rich List tycoon sent to jail after $175m fraud
A business tycoon who made it on to the Sunday Times Rich List faces up to 14 years in jail…
ByTel: Goldman pondering $1bn charity donation
Goldman Sachs is considering donating in excess of $1bn (£627m) to charity in an attempt to quell the growing furore…
ByWSJ: Asians lost more last year than the West
HONG KONG — After years of easy money, Asia’s elite suffered worse financial pain last year than their counterparts elsewhere,…
ByDr Doom and Dr Gloom
Quantitative easing, you see, isn’t reaching those parts that the other stimuli cannot reach. The last issue of the house…
ByFrieze Week: Tuesday
‘Bacon? Who’s he? Never heard of him,’ says Damien when I ask him about his influences. ‘I prefer eggs and…
ByFrieze Week: Monday
Laurence Graff told Spear’s that he had always wondered what it was like to stand on the other side of…
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