Deutsche 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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Reuters: 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…
ByGreene with panic
It was only when Sue Lawley asked me, ‘So, why did write a biography of Graham Greene?’ that I was…
ByST: Rich list bonfire
The recession has wiped £155 billion from the fortunes of Britain’s richest 1,000 people, equivalent to more than a third…
ByNYT: Madoff victims accuse JP Morgan of abetting
Victims of Bernard L. Madoff’s Ponzi scheme have accused his banker, JPMorgan Chase, of aiding his crime by maintaining his…
ByFT: Swiss pres presses US to stop UBS pursuit
WASHINGTON, April 25 – Swiss President Hans-Rudolf Merz asked US Treasury Secretary Timothy Geithner on Saturday to drop a legal…
BySwiss court increases jail term for banker
A Basel appeals court has increased the prison sentence handed out to a former banker who broke Swiss banking secrecy…
ByAnd the Worst Award goes to…
I want to hereby ask Spear’s to introduce The Worst Awards, as well as a Bottom Ten in the various…
ByKick a man when he's down
Can you remember when Gordon Ramsay was feted for his culinary genius. No? Well neither it seems have most of…
ByGuardian: Budget cracks down on tax avoidance
A £4bn crackdown on aggressive tax avoidance schemes used by the country’s biggest companies was unveiled yesterday against a backdrop…
ByBudget to send 25,000 top tax-payers abroad
Research from thinktank the CEBR forecasts budget tax increases on those earning over £100,000 will reduce government revenues by £800…
ByExpert Reaction to the Budget
Spear’s is talking to wealth managment experts to find out how the Budget is going to affect you: the headline…
ByMove Over, Darling
This budget was a disaster wrapped in a crisis delivered by a wastrel, looking backwards and pleading bankruptcy. This budget…
ByLive Budget Blog
Spear’s will be bringing you live updates from the Budget with analysis of what this means. You can follow its…
ByWSJ: UBS admits Weavering money is lost
UBS AG, the world’s second-largest investor in hedge funds, has become the first high-profile name to appear as a victim…
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