FT: 30 top SocGen managers set up own hedge fund business
Thirty senior bankers from Société Générale’s alternative asset management team have left to set up their own hedge fund business…
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Friezing already
Frieze is the starting pistol for the art world’s runners. The interesting question is whether it is a sprint, a…
ByBCG report: Europe overtakes N American wealth
NEW YORK, September 15, 2009—The crisis is transforming the global map of the world’s wealthiest people, with Europe nudging out…
ByWBrief: Kleinwort Benson enters last stage of bidding
Kleinwort Benson, the UK private bank up for sale by its German parent, will receive final bids this week but…
BySpear’s Awards: Dispatches from the Front
The Awards were introduced by Viscount Linley, Chairman of Christie’s, who eloquently pointed out that those who left without an…
ByHedgehog Issue 13
Financial custody, Harrods incentives, art recesses and more. Hedgehog is sponsored by Schroders Private Banking COM-PUUU-TER? Part of the reason…
ByAnthony Haden-Guest
Fast forwards. When the history of the American Empire is written one reason given for its decline may well be…
ByChavez on celluloid
Unsurprisingly, Stone’s film on Chávez is less documentary and more glowing, brainwashed propaganda. You couldn’t make it up: the dictator…
ByWBull: Another oligarch’s cautionary tale of woe
The oil producer offered the rich returns of Russia’s vast energy sector but boasted Western management and a stock listing…
ByNYT: IRS deal may let off Swiss account-holders
When the Internal Revenue Service announced a deal last month that would force Switzerland to reveal the names of thousands…
ByBloomberg: Ivan Pictet: PB margins to be squeezed
Sept. 9 (Bloomberg) — Ivan Pictet, senior managing partner at Pictet & Cie., Switzerland’s biggest closely held private bank, says…
ByWSJ: Grubel demands hard work to restore UBS
ZURICH — UBS AG’s organizational and operational restructuring is on track, but the Swiss bank’s efforts to renew client trust…
ByUndone by 9/11 Truth
Jones might have disclosed he had signed up to a petition which called for an investigation into the Bush administration’s…
ByThe Great Mortgage Hunt
Mortgage-money is out there for those who know where to look, says David Sheppard It will not come as a…
ByCSI: 17th Century New York
It’s almost too good to be true for a Law & Order buff like me: New York’s first recorded murder…
ByVF: Finally, some good press for Goldman Sachs
Vanity Fair has put Lloyd Blankfein, Goldman Sachs’ CEO, top of its Information Age 100 in its new issue, proving…
ByReuters: Offshore banking killed by US tax probe
ZURICH (Reuters) – A U.S. tax probe against Swiss bank UBS has killed traditional offshore banking and wealth managers will…
ByOffshore UK money may benefit from Liech. loophole
British investors with money anywhere offshore may be able to use a loophole in the new agreement between Britain and…
ByFT: August sees £1m house sales in London soar
The number of homes sold for more than £1m in London soared in August as buyer confidence returned on the…
ByAttacking the ATM thieves
Prior to the 9/11 atrocity there was a reluctance in many UK police forces to investigate crime where there were…
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