New Yorkers trading down
If you are a recently-fired Wall Streeter there’s always the Moon and Sixpence approach to getting your life back on…
ByWealth
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Wealth
Hoare & Co chooses non-family CEO
Jeremy Marshall, the former head of UK private banking at Credit Suisse, has been appointed chief executive of C Hoare…
ByLux. watchdog demands changes from UBS
Luxembourg’s financial market watchdog CSSF gave Swiss bank UBS three months on Wednesday to make changes to its Luxembourg custodian…
ByNYT: UBS sued to prevent US client disclosure
UBS was sued on Tuesday in a Swiss federal court by wealthy American clients seeking to prevent the disclosure of…
ByReuters: Switzerland sets up secrecy task force
Switzerland has set up a taskforce to find ways to better defend its interests amid a U.S. tax investigation into…
ByReuters: EFG shares collapse as profits slide
Shares in EFG International AG tumbled over 30 percent to a record low on Wednesday after the Swiss private bank…
BySuing for Success
If wealth managers and investment bankers could be sued simply for losing money, their lawyers’ phones would currently be ringing…
ByNEW: Hotels Index
With the credit crunch putting that Easter break in St Moritz on hold this year, Spear’s WMS offers the definitive…
ByMake Luxe Not War
Sustaining the European luxury-goods market is not merely an economic necessity but also a moral obligation. Go forth and spend,…
ByLow Interest Rate
Ignore the estate-agent guff about troops of foreign buyers beating a path to their doors — they’re not. The London…
ByPunxsutawney Will
The social and economic maladies decried in the 19th-century writings of William Cobbett deliver a true Groundhog Day moment, says…
ByYou Snooze, You Lose
Time for ladies with dollars to see sense and get clued up about wealth management before they get ripped off,…
ByTop o’ the Mornin’
As if everyday life wasn’t hard enough already, some people choose to make matters worse by skipping breakfast. Is that…
ByA Winter’s Tale
Oscar Humphries on the peculiar mixture of gloom and excess, schadenfreude and swagger that has characterised the past few tumultuous…
ByLet’s Not Do Lunch
Good tax lawyers are worth their weight in gold — sometimes almost literally. But that doesn’t mean you actually have…
ByThe Shame of Shopping
The times, as even the dullest Birkin-wielder slouching down Sloane Street will surely have noticed, are recessionary, so when buying…
ByOscar-winners and maitre d's
So many of the ‘film critic’ voters for the Golden Globes actually work as waiters in restaurants to pay their…
ByLet's Not Do Lunch
Good tax lawyers are worth their weight in gold sometimes almost literally. But that doesn’t mean you actually have to…
ByNo Lehman is an Island
Who didn’t enjoy watching the unlovable chumps of Bear Stearns and Lehman Brothers getting their comeuppance? Trouble is, we’re all…
ByMerrill finds additional 2008 loss
In another blow for the reputation of Merrill Lynch and the tenure of departed chief executive John Thain, the bank…
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