Detroit pile-up: many lost
The problem with is there is not a lot worth saving, apart from a strange name that rhymes with stodge.…
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PC Quick's quick end
Some of his colleagues knew his reputation for blunders, and had predicted something like this would happen. The career of…
ByWSJ: Wealthy women don’t feel extravagant
Last year, I was speaking at a gathering of wealthy male investors. The organizers posted the results of a survey…
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ST: Full Rich List available from here
Click here to see the 25 billionaires at the head of this year’s Sunday Times Rich List. From the Sunday…
ByST: The view from Buffett-palooza in Omaha
BILLIONAIRE investment guru Warren Buffett told shareholders yesterday that the world had been hit by a “financial hurricane” as the…
ByWBull: Indicted former UBS PB head cut loose
UBS AG Friday formally cut ties to top private banker Raoul Weil, who had been suspended as he faces U.S.…
ByObserver: 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…
ByUBS 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…
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