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Wealth
WBrief: UBS restates 08 results, reduces net profit
As presaged in its first quarter 2009 report, UBS has restated its annual results for 2008, producing a reduction in…
ByCantonal banks benefit from financial panic
Switzerland’s cantonal banks have been among the main beneficiaries in the private banking market over the course of the global…
ByExpenses and expressos
Anthony Steen MP is obsessed with coffee. He could talk about it until you felt he really didn’t need to…
ByCoping With It: Stubble
A new cartoon from the sharpest pen: Stubble
BySpying from the Bench?
Documents that indicate the former a Supreme Court Justice could have been a Soviet spy. New Cold War documents have…
ByFT: LSE loses £251m after Borsa write-down
The London Stock Exchange suffered a pre-tax annual loss of £251m after it was obliged to write down the accounting…
ByTimes: Japan’s GDP shrinks by fastest rate ever
Japan spent the first quarter of 2009 in its worst spiral of decline ever recorded, with GDP in the world’s…
ByGuardian: Shareholders revolt over pay at Shell
Shareholder anger over executive bonuses reached fever pitch when three blue chip companies – Shell, stockbroker Evolution and retailer Next…
ByJulius Baer to split into separate PB and WM arms
Julius Baer is to separate its private banking and asset management arms into two distinct business units, both listed separately…
ByMurder in the Presidential Palace
The man in the video says: “If you are watching this message, it’s because I was murdered by Pres. Álvaro…
ByInterview with Alan Miller as he launches new WM firm
Alan Miller, former New Star manager, has launched a new wealth management boutique with Alexander Spencer-Churchill in response to what…
ByFT: Wealthy form art syndicate to find bargains
A group of wealthy investors is forming a syndicate to buy two corporate art collections, worth up to $65m (£43m).…
ByGuardian: Sir Victor Blank to resign from Lloyds
Sir Victor Blank, one of Gordon Brown’s favourite businessmen, has been forced to step down as chairman of Lloyds Banking…
ByWith Friends Like These
Frenemies are useful and often do lovely things for each other: give great gifts, throw fab parties in each other’s…
ByHook, line, sunk
Next month will see the release of a film that hopes to do for fish what An Inconvenient Truth did…
ByPelosi's torturous position
Having been exposed in a lie, Pelosi has remained silent, saying there is no contradiction. Oh really? The pressure to…
ByiPhone, uPhone, noPhone
It turned out that somebody had ripped off ’ quite literally, for once ’ two iPhones. The staff were unperturbed.…
ByUK offshore tax amnesty may return for a third time
Some accountants and tax advisors, criticising the timing of the UK Treasury’s second offshore tax amnesty, believe a third amnesty…
ByEB: China allows mutual funds into WM market
SHANGHAI -(Dow Jones)- China is allowing mutual fund management companies to sell wealth-management products targeting multiple clients, effectively giving them…
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