Guardian: UBS loses SFr 1.4bn, outflows of 39.4bn
Swiss bank UBS today posted a loss of 1.4 billion Swiss francs (£780m) in the second quarter of the year…
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WBrief: HSBC PB 1H09 profits down 23%
The pre-tax profit at HSBC Private Bank, part of the UK/Hong Kong-listed banking giant, fell to $632 million in the…
ByNYT: Will the $100m man get his pay?
In a few weeks, the Treasury Department’s czar of executive pay will have to answer this $100 million question: Should…
ByFT: Hedgies’ days of 2 and 20 over?
The halcyon days when hedge funds’ “2 and 20” fee structure went unchallenged may be over. The halcyon days when…
ByNYT: US, Switz reach agreement: UBS to release names
Switzerland and the United States reached an agreement in principle on Friday to settle out of court a case that…
ByAll in good taste
I personally have never been a vociferous proponent of organics. I’ve seen how companies have exploited the label for commercial…
ByIn Trusts We Trust
Current government policy on wealth transfer is frankly bonkers. Time for a serious rethink, says Caroline Garnham F our years…
ByLet Us Prey
Following the recent carnage in the financial markets, scavengers are closing in. But there’s a difference between great carrion and…
ByWe're here, we're queer…
and we’ve got something to cheer. Gay Icons at the National Portrait Gallery is a cause of joy – and…
ByEditor's Letter
Ever since the G20, I’ve known what it feels like to be a doctor. Everybody wants your diagnosis on their…
ByBe a Man – Stay in the UK
Let them go, we say. We double dare them. It’s times like these that separate the men from the boys,…
ByHigher Tax, Lower Morals
When most of today’s higher-rate taxpayers were growing up in the UK, they loved the practical possibilities of the schoolboy…
ByReuters: St James’s Place’s profits down by 12%
LONDON (Reuters) – Wealth management firm St James’s Place said it would broaden its investment range and style to attract…
BySarasin profits 1H09 down 28% but up on 2H08
First half profits at Swiss bank Sarasin fell 28 percent on the previous year to reach SwFr 53.9 million, but…
ByLux, Belg both removed from tax haven grey list
Luxembourg and Belgium have both been removed from the ‘grey’ list of countries that refuse to share tax information, leaving…
ByWithers: Advice on new tax amnesty
Click here to read the details of the Government’s latest tax amnesty, as summarised by law firm Withers, and download…
ByBonhams Talks Straight
To Bonhams on Bond Street this morning for a refreshing breakfast – and I don’t just mean the orange juice.…
ByPeople Will Talk: Amy & Kate
Who knew that junkies stole drugs? See Anthony’s latest cartoon here. Actual headline in The Sun Tuesday July 28 2009…
ByBloomberg: New Frieze-time Berkeley Sq show to open
July 29 (Bloomberg) — International dealers are signing up for a new show in London’s Berkeley Square which aims to…
ByWBull: UBS client pleads guilty to avoiding tax
New York-based businessman Jeffrey P. Chernick on Tuesday pleaded guilty to submitting a false tax return in 2007 and admitted…
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