WBrief: Citigroup PB’s revenues down by 20%
Citigroup reported a $4.3 billion profit for the period ended 30 June 2009, boosted by a $6.7 billion after-tax gain…
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Wealth
FT: Private banks see net inflows, mutuals bust
European private banks continued to attract net inflows of client money last year, even as the mutual fund industry haemorrhaged…
BySunday Times: Lord Myners loses faith, finds god
Lord Myners, the minister appointed to clean up the City, is so disenchanted by bankers’ greed and self-aggrandisement that he…
ByTimes: Walker report to prompt exodus?
A new government-sponsored crackdown on City pay was condemned yesterday as too extreme amid warnings that it risked triggering an…
ByThe author, elated
The author, elated, at Farah Damji’s book launch. The photograph was taken by Anna Cohen. The author, elated, at Farah…
ByBreaking: JP Morgan PB’s revenues down by 10%
JP Morgan said its private bank revenues fell by 10 per cent or $640 million in the second quarter of…
ByPeople Will Talk: In the bar
Overheard in the Bemelmans Bar, the Carlyle Hotel, Manhattan. Overheard in the Bemelmans Bar, the Carlyle Hotel, Manhattan. Please send…
ByFT: US to reveal hedge fund legislation
The Obama administration will on Wednesday unveil draft legislation that will require all US hedge funds with more than $30m…
BySausage roll-call
Describing the taste of food is probably as hard as describing the sounds of music. The experience of taste being…
ByGuardian: Goldman enjoys bumper profits
The investment bank Goldman Sachs delivered a clear signal that the good times are returning on Wall Street by milking…
ByTimes: ‘Billionaires’ Row’ mansion occupied by squatters
Squatters have moved into a London super-mansion in a road dubbed “Billionaires’ Row”, a few doors from a house owned…
ByAmerican millionaires down by a million
Most states have experienced a decrease in the number of millionaire households. From the San Antonio Business Journal: Most states…
ByGruebel appears to look to ‘one-bank’ model again
Oswald Gruebel, the former Credit Suisse man called out of retirement to restore the fortunes of UBS, appears to be…
ByGreen Shoots? Red Herrings
Is the property market heading for a V-shaped recovery or merely raising two fingers in a V-shaped gesture at over-hasty…
ByVillage Idiots
Clive Aslet on cranky neighbours, simmering resentments, barely contained hostilities and all the other summery joys of life in the…
ByLove the Sinner
Bestselling novelist Nicholas Coleridge has a Christmas card list that is at least 600 names strong, so it was no…
ByHedgehog Issue 12
From why you should divorce now to the true wisdom of financiers, from China to the Alps via Highgrove, it’s…
ByAll in the Mind
Penelope Bennett talks to four experts, each with a different view on what it takes to achieve and maintain rude…
ByBack in Blacks
Getting squiffy on English gin and French champagne in the company of a Swiss magazine editor and an Italian rake…
ByA New Hugh
Hugh Warrender rediscovers his cheekbones and kisses his love handles goodbye at the spartan Ashram in California Hugh Warrender rediscovers…
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