Forbes: Billionaires’ club loses $1.4tr, 300 members
The richest people in the world have gotten poorer, just like the rest of us. This year the world’s billionaires…
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Merrill Lynch accused of lying in bonus probe
Merrill Lynch mislead previous investigations over the date of its bonus payments, according to court evidence presented by New York…
ByExclusive London luxury hotels offer
Spear’s WMS has teamed up with some of London’s top luxury hotels to bring offers unique to readers. Find out…
ByMoody’s pubishes ‘Bottom Rung’ of 283 companies with greatest default risk
See the full list of which companies Moody’s thinks are most likely to default here. New York, March 10, 2009…
ByDJ: Liechtenstein bank shows 2008 loss
By Katharina Bart Of DOW JONES NEWSWIRES ZURICH -(Dow Jones)- Liechtenstein-based Verwaltungs- und Privatbank AG (VPB.EB) said Tuesday it swung…
ByUBS saw outflows continue in 2008 WM division
Embattled Swiss bank UBS has noted ongoing outflows in its main wealth management division as part of its 2008 annual…
ByJersey moves to greater regulation
Jersey is to sign a Tax Information Exchange Agreement (TIEA) with the UK today, one of a number of steps…
ByWB: Wealthy move $1 trillion
The wealthy are moving their money as never before. Last year more money shifted between wealth managers than at any…
ByFT: British tax havens battle against Brown action
A rearguard action to fend off the “action against tax and regulatory havens” threatened by Gordon Brown and other world…
BySingle family offices change focus to short-term preservation
Following global losses in most asset classes and notorious failures of due diligence, single family offices are retrenching their strategies…
ByWSJ: Swiss to review banking laws
Switzerland’s government on Friday gave a panel two weeks to advise on whether the country should loosen its banking laws…
ByObserver: Brown to publish list of tax haven targets
Gordon Brown is preparing to unveil a blacklist of harmful tax havens to be published before the crucial London G20…
ByHMRC targets banks in tax amnesty
About 25 banks which are key private client players in Britain are being targeted by the HMRC tax agency for…
ByTracking your every move
Data-mining fleshes out details of the behaviour of terrorist suspects, and helps develop profiles of potential terrorists. The British government…
ByPols without a clue
Even these two brilliant and experienced political brains could come to no conclusion. Since election day the Dow Jones Industrial…
ByHow long, O Lord, how long?
Nowhere is recovery in view, but a slump is threatening every economy, and global depression is in prospect. ‘How long…
BySilent nights in Manhattan
I like the nightlife; I like to boogie. But it seems these days my boogieing is less rave and more…
ByGuardian: Interest rate 0.5%, quantitative easing begins
The Bank of England has cut interest rates by half a point to another record low and begun the process…
ByBelieve the CIA
The CIA’s many critics will prefer to believe that the destruction was motivated by a desire to eliminate evidence. The…
BySondheim on the stock exchange
Gene takes their money, blows it on a Park Avenue rental, pawns a car and requires a bailout. Sound familiar?…
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