Tel: Candy Brothers plan distressed property fund
The Candy brothers, two of the UK’s wealthiest entrepreneurs, are planning to float a London residential property fund in order…
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Times: Sheikh to buy Christian Lacroix for -100m?
A sheikh from the United Arab Emirates is likely to take over Christian Lacroix, the loss-making French fashion house, tomorrow…
ByExclusive: Founding family try and retake Escada with fashion heavy-hitters
A source close to the bankrupt fashion house Escada has revealed that the former CEO of Gucci and the owner…
ByAbolish the Royal Mail!
Third, postmen have (in my experience) been larcenous. And if they’re not larcenous, they’re careless, which is equally as bad.…
ByFT: Singapore sees Russian money influx
Singapore is attracting a surge of Russian investment as rich business people seek a politically stable home for their personal…
ByBreaking: Eva Castillo leaves Merrill Lynch EMEA
Eva Castillo has resigned as head of Bank of America Merrill Lynch’s Europe, Middle East and Africa wealth division, according…
ByMervyn King's Speech
In a speech delivered last night in Scotland, the Governor of the Bank of England, Mervyn King, stressed his feeling…
ByFT: 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…
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