AFP: Pictet warns against easing Swiss secrecy
GENEVA (AFP) Switzerland’s key financial services industry could be decimated if its trademark secrecy is given up as part of…
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Andrew Roberts
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As celebrated by the new Russian edition of Spear’s WMS, Moscow is a home from home for high net worths,…
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In the context of the US government bailing out Wall Street and the election of Barack Obama as president, a…
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Former Merrill Lynch chief executive John Thain has been ordered by a New York court to provide more details about…
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Tragedy is very bonding, and globalization has meant that we are all bound together. Tragedy is very bonding, and globalization…
ByGuardian: Swiss furore grows over secrecy laws
Pressure is growing in Switzerland to pass new laws to protect the confidentiality of its banks, as a US court…
ByWSJ: Saint Laurent sale breaks records, fetches $264m
Amid a grim economic environment, the art market let out a sigh of relief Monday as Christie’s in Paris successfully…
ByTimes: Liechtenstein prince under investigation
A prince of the House of Liechtenstein, one of the world’s richest royal families, is being investigated for tax evasion…
ByFT: Lloyds has credit rating downgraded
Lloyds Banking Group suffered another blow on Monday when it lost its long-held Aaa credit rating from Moody’s amid continued…
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There is such a thing as a free lunch but you probably wouldn’t want to eat it and it’s certainly…
ByThe Generation Game
When it comes to maintaining long-term liquidity in a family business, just going with the flow is not an option.…
ByA line's many sides
The work is politically subversive: Mussolini is watching at all times, but he has no solidity, no definition. He is…
ByBe Gordon Brown for a day
If you don’t like the idea, look away now. If you don’t like the idea, look away now. Gordon Brown…
ByAll a matter of time
Normally a new President is given a hundred-day honeymoon, but not Barack Obama. Normally a new President is given a…
ByObserver: Darling attacks ‘intolerable’ Switzerland
Alistair Darling has launched a blistering attack on Switzerland, suggesting its banks’ refusal to end centuries of secrecy is “intolerable”.…
ByNew sanctions on tax havens, say EU leaders
EU leaders have agreed to impose new sanctions on ‘uncooperative’ tax havens, and are to draw up a new list…
ByWSJ: UBS would break law in revealing names to US
UBS AG said its employees would have to violate Swiss criminal law to comply with the U.S. government’s demand for…
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