Guardian: Credit Suisse to close US accounts
The Swiss bank Credit Suisse is edging towards closing the accounts of thousands of American customers as tax authorities in…
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Goldman Sachs AM revenues down 1Q09
Asset management net revenues, which encapsulate its private client-related activities amounted to $949 million, a 28 percent reduction on the…
ByObserver: Top ten credit crisis books
The crunch chronicles: ten books that try to make sense of global chaos. From the Observer: The Crunch by Alex…
ByEaster for one and all
Even Christmas is not as respected and celebrated. It’s comforting to have something so nearly-universal. I should be used to…
ByBanks need to be broken up, says Osborne
George Osborne, the UK’s shadow chancellor, has argued that Britain’s banks may need to be broken up to avoid them…
ByObama's Prague spring
His speech is the opening gambit in a strategy far removed from the naïve idealism often attributed to him. Pres.…
ByGuardian: Women earn far less in the City
Women working full-time in the financial sector earn 55% less a year on average than their male counterparts, with those…
ByBaer: Swiss banking secrecy intact
Swiss banking secrecy, centred on the protection of financial privacy, remains intact even though the Swiss Federal Council intends to…
ByG20 Special Section
Even without Ringmaster Brown’s hoopla, the G20 would still have been a momentous occasion in the current cycle of global…
ByWilliam Cash on Radio Essex
William Cash, editor-in-chief of Spear’s WMS and twice editor of the year at the PPA Awards (2007 and 2008), appeared…
ByGuardian: Tax havens removed from OECD blacklist
The last four countries on a blacklist of uncooperative tax havens published at the G20 London summit last week have…
ByTel: Soros warns bear market to continue
“It’s a bear-market rally because we have not yet turned the economy around. This is not a financial crisis like…
BySwiss suspicious activity reaches a record
The volume of suspicious financial activity in Switzerland has increased to record levels, the authorities reported. The volume of suspicious…
ByCulinary superpowers
Indian takeaways will never be eclipsed by Chinese. Can you say that you get the same slobbering, greedy, drooling, sensation…
ByG20 was a busted flush
A suspicion remains that Brown is worried that the nadir of his career could be going to the IMF to…
ByWhat the G20 Means for Mayfair
The communique of the G20 contained potentially very damaging propositions for the denizens of Mayfair, the City and Wall Street.…
ByReuters: Islamic Bank to expand WM business
LONDON, April 6 (Reuters) – UK-based Islamic Bank of London and the Middle East (BLME) will focus on expanding its…
ByTel: GMAC’s Merkin sued over Madoff ‘role’
Former GMAC Financial Services chairman Ezra Merkin is being sued by Andrew Cuomo, the New York Attorney General, for allegedly…
ByNYT: Top US executive pay
The compensation research firm Equilar compiled data reflecting pay for 200 chief executives at 198 public companies that filed their…
ByRussian resurgence
These two incidents suggest that Lebedev was willing to reestablish the SVR as an effective if ruthless organization The current…
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