Goldman Sucks (Blood!)
Most of us had never heard of Matt Taibbi until he described Goldman Sachs as “a great vampire squid wrapped…
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Wealth
Julius Baer’s AuM up 9%, profits down 37%
Assets under management at Julius Baer rose 9 percent in the first half of 2009, ending June at SwFr 299…
ByUS clients out in the cold as regulations mount
American clients are threatened with an international backlash against the mountain of rules and regulations put in place by US…
ByST: £500m distressed UK property fund planned
MIKE HUSSEY is in early talks to set up a £500m investment vehicle to snap up undervalued property in the…
ByTel: Credit Suisse expects surpassing results
Credit Suisse joined the growing list of investment banks to beat expectations in its second-quarter results on the back of…
ByObserver: Will women now profit in the City?
They call it Hermione Granger syndrome. Harry Potter’s sidekick is the brains but not the hero, and women in the…
ByGuardian: De Beers’ profits down by 99%
Profits at diamond firm De Beers have been crushed after demand for luxury products was hit by the recession. Profits…
ByGod! This tastes good
I haven’t eaten in many churches, save consuming the sacrament, of course. And one is supposed not to really think…
ByDesigning the future. Today
These are the people who are designing our future, with many focusing on environmentally friendly design and reinterpreting modern classics.…
ByBlunt blamed
Blunt would remain deeply ashamed of the way he had manipulated him and abused his trust. That was probably the…
ByCS adds SwFr 10.7bn in client assets in 2Q09
Credit Suisse saw a very productive second quarter for new business, adding SwFr 10.7 billion in net new client assets,…
ByBloomberg: Russians jumping on distressed US houses
July 15 (Bloomberg) — Russian millionaires are returning to the U.S. property market, lured by distressed sales and the ruble’s…
ByFT: Hedge funds show best quarterly results
Hedge fund managers forecast that a wave of investor cash would flow into the industry in coming months after evidence…
ByPerpetual Patronage
It seems like only yesterday that Hedgehog was sitting in the VIP lounges at Design Miami/Basel and Art Basel (held…
ByYou Bastards!
Spear’s occasionally receives unwarranted hate mail. Here is the latest piece – unsigned, of course. Spear’s occasionally receives unwarranted hate…
ByPB profits down 70% in final quarter 08
The private banking industry’s operating profit pool in Europe last year was 42 percent below the level of 2007, and…
ByFT: Wealthy investors still like risk
More than a third of wealthy investors earning over £50,000 a year have not reduced their attitude to risk because…
ByShoot to kill
Should western democracies stoop to the same tactics, ordering assassinations? Immediately following the 9/11 attacks on new York and Washington,…
ByIs Islamic finance really an alternative?
The current afflictions of global financial markets have resulted in Islamic finance coming under the spotlight as a better alternative…
ByAP: Top American club saved after bankruptcy
BILLINGS, Mont. Montana’s ultra-posh Yellowstone Club is in new hands, following a $115 million deal that the new owner hopes…
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