Jersey Finance ‘disappointed’ about Panorama
Jersey Finance has expressed “disappointment” at the view of offshore centres presented in Panorama broadcast on BBC One earlier this…
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Facing up to a P45
Many of London’s lawyers and financiers are now working under the threat of redundancy. Josh Spero looks at the rights…
ByDoubledown Media folds
Doubledown Media, publisher of Trader Monthly and other magazines aimed at rich and aspiring Wall Street executives, shut down after…
ByWSJ: UBS looking to sell US WM business
UBS AG is shopping around its U.S. wealth management business to a number of suitors as part of a global…
ByHays: Club for ultra-rich to be sold to financial firm
The Yellowstone Club, an exclusive haven for the ultrarich now under federal bankruptcy protection, would be sold for $100 million…
ByFT: Deutsche makes first loss in 50 years
Deutsche Bank revealed the havoc wreaked upon its securities trading business in months of “unprecedented” market turmoil and said it…
ByNYT: Obama announces $500,000 pay limit
In announcing executive pay limits on Wednesday, President Obama is trying to hold the financial industry accountable to taxpayers while…
ByFT: ‘Bad bank’ back on the books
Alistair Darling admitted UK taxpayers may have to buy toxic assets from Britain’s banks to help stimulate lending, adding a…
ByTimes: 3 million Madoff victims?
The alleged $50 billion (£34.8 billion) fraud by Bernard Madoff, the American broker, may have impacted up to three million…
ByDeath of a terrorist?
The suicide of Bruce Ivins brings to a close one of the more extraordinary episodes of the war on terror.…
ByGordon's muddled maths
It’s at a disastrous time like this to stop throwing money around like confetti and head to Davos. January 2009…
ByML bonus deal agreed with BoA
Bank of America had struck an agreement with Merrill Lynch to pay employees of the latter up to $5.8 billion…
ByBernie Madoff Syndrome
Jeremy McGivern wonders why property investors never stopped to consider that what comes up must go down Bernie Madoff’s Ponzi…
ByProblems with the ICC? Ah, I see
I love politics, but it can break my heart faster than any man. I love politics, but it can break…
ByThe Davos delusion
I was invited to Davos two years ago as editor of Spear’s and I have very deliberately not gone back.…
ByWealth management brand reputations collapse
Several leading wealth management players have seen the notional value of their brands fall sharply amid the downgrading of the…
ByIs UBS about to regain its crown?
After it took the worst beating from the subprime crisis of any European bank, there’s spreading optimism that UBS may…
ByBreaking: Citi names new group heads – almost
Citi chief executive Vikram Pandit has named the new heads of the group’s businesses under the re-organised structure, but revealed…
ByWhat is torture?
With waterboarding, they are told that unless the information is provided, their time underwater will be extended until they die.…
ByDeripaska plays Russian roulette
Hapless RBS has lent him ’2.8 billion, which should tide him over nicely to the end of the next boating…
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