Breaking: Kleinwort Benson to be sold by Commerzbank
Kleinwort Benson is to be sold by its parent Commerzbank after the European Commision’s decision on the German government’s capital…
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Barclays Wealth 1Q profits down sharply
Profit before tax at Barclays Wealth fell sharply in the first quarter, the bank reported this morning. The division was…
ByReuters: Switz wants to sign 12 TIE treaties by 2010
BERNE, May 6 (Reuters) – Switzerland said on Wednesday it wants to clinch 12 new bilateral tax deals by the…
ByBloomberg: Ex-UBS men set up new Geneva PB
May 7 (Bloomberg) — Former UBS AG wealth managers Pierre Pâris and Olivier Bertrand have set up a new private…
ByGerman finance minister insults neighbours
Luxembourg MPs unanimously backed a resolution on protesting over attacks on banking secrecy by German finance minister Peer Steinbrueck, which…
ByFT: US tax crackdown infuriates low tax countries
The proposed US crackdown on corporate tax avoidance has provoked an angry response from low-tax countries used heavily by the…
ByUBS to cut 4,000 jobs from Wealth Management
UBS has made more specific announcements surrounding the planned 8,700 job cuts for this year it first announced back at…
ByWBrief: Gold still has far to rise, says Cheviot AM
Gold prices have risen sharply since the early part of the decade, frequently cited by wealth managers as a good…
ByGuardian: MPs to discuss ‘vulture fund’ restrictions
MPs will today seek to curb the activities of “vulture funds” that prey on poor countries by buying their sovereign…
ByDetroit pile-up: many lost
The problem with is there is not a lot worth saving, apart from a strange name that rhymes with stodge.…
ByPC 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…
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