Observer: Barclays and Ghana planning tax haven
Barclays bank is playing a lead role in the establishment of a tax haven in Ghana, in a move that…
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UBS WM in profit 2Q, but outflows continue
The Wealth Management and Swiss bank division at UBS reported a second quarter in profit, booking a gain of SWFr…
ByFurther revenge on Ryanair
I don’t really want to harp on about how utterly bad Ryanair is. However I just can’t help myself. I…
ByClucking nuisance
I have properly joined The Good Life. Joining our happy zoo of dog, horse, ponies and peacocks are now five…
ByGuardian: Bankers to take home £7bn bonuses
City bankers are to reap nearly £7bn in bonuses this spring even though the government has been forced to pump…
ByHedge fund body attacks new EU regulation
The European Venture Capital Association has called a proposed EU directive on new industry regulation ‘disproportionate and anti-competitive.” The European…
ByTimes: BoA investor revolt forces out Lewis as chair
Bank of America’s shareholders ousted Kenneth Lewis as chairman of America’s biggest bank last night in a display of anger…
ByAnother famous Belgian
We all know the parlour game, Can you name ten famous Belgians? I once tried this with some Belgians and…
ByBuddhism by the 'bank
I tried being a Buddhist once. It didn’t take. Luckily, Buddha Bar doesn’t require any such commitment. I tried being…
ByGuardian: High earners may benefit from Budget
High earners who make contributions to their pensions in the next tax year are set to benefit from the introduction…
ByWBrief: Sal Oppenheim suffers -117m loss in 2008
Luxembourg-based private bank Sal Oppenheim suffered a net loss of -117 million ($152.5 million) in 2008, reversing a net income…
BySocGen chariman Bouton resigns
Societe Generale’s chairman Daniel Bouton has announced his resignation, saying the personal attacks against him risked “harming the bank”. Societe…
ByWSJ: Conde Nast closes Portfolio magazine
Condé Nast Publications Inc. absorbed nearly two decades of losses at the New Yorker. On Monday, it pulled the plug…
ByDeutsche Bank revenues slow, AWM shows a loss
Deutsche Bank reported a pre-tax profit of EUR 1.8 billion in the first quarter, despite further writedowns of EUR 1…
ByReuters: Singapore to become more tax compliant
TOKYO, April 27 (Reuters) – Singapore will revise its laws this year to improve disclosure on foreigners evading income taxes…
ByMiami Herald: IRS going after other offshore banks
The Internal Revenue Service, widening its investigation of offshore private banking beyond Swiss giant UBS AG, is preparing to take…
BySt James Place’s inflows continue but more slowly
St James Place reported total new business of £93.8 million for the first quarter, down 5 percent on the previous…
ByWBrief: SBP’s profits down 73 per cent
Genevan bank Societe Bancaire Privee has reported operating profit down 73 per cent last year to SFr911,000 ($794,000) on revenues…
ByNon-Doms See the Bright Side
How non-doms can take advantage of the downturn and avoid the ’30,000 charge, from Hedgehog’s friends at Boodle Hatfield. From…
ByThoughts of Pierre B.
’Because I will tell you something,’ Berge said. ’I think photography is like fashion. That means it is not an…
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