Abolish 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.…
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Wealth
FT: 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…
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,…
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