Clear Off! We Want Our Houses Back
The upstart owners of London’s best properties are being driven away by the recession. About time, says Anthony Rufus-Isaacs The…
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Wealth
Bank of China Rothschild share bid given more time
Bank of China has extended the deadline for its acquisition of a 20 percent stake in French private bank LCF…
ByFT: Veteran McCann quits Merrill
Robert McCann, head of Merrill Lynch’s “thundering herd” of 16,000 financial advisers, is leaving the firm that he has worked…
ByL’Affaire Madoff: The Movie
Like the unspooling of a Hollywood epic of the golden age (Ponzi with the Wind?), there are reels to go…
ByPapa's got a brand new Jag
A few months ago, my BMW 740 had the motoring equivalent of a heart attack on the M40. A few…
ByThe best things…
Resolving your resolutions in January is apparently the easiest way to doom them – so here is a ‘lifestyle change’…
ByOn the Boxing Day trail
The draghunt and trailhunt that have replaced the banned foxhunt are twice as popular “Heaven!” I thought, sipping mulled wine…
ByReport: 2009 hiring outlook is positive
Despite a deepening economic downturn, the range of senior openings across private banking and associated investment disciplines still shows little…
ByMadoff investor kills himself
A hedge fund manager facing $1.4bn in losses from Bernard Madoff’s record-breaking Wall Street fraud has been found dead in…
ByIt’s Not All About Money: Memoirs of a Private Banker
‘The little gnomes of Zurich’ was a phrase famously used by prime minister Harold Wilson in 1964 to describe Swiss…
ByGucci Wars: How I Survived Murder and Intrigue at the Heart of the World’s Biggest Fashion House
You’ll be expecting Tom Ford, of course. But there isn’t a word about him here. How could you publish a…
ByBeyond the balance sheet
Brown’s much-vaunted ’500,000,000,000 bank bail-out is bust. Brown’s much-vaunted £500,000,000,000 bank bail-out is as bust as the braggart’s claim that…
BySocGen subsidiary sold to GLG Partners
Société Générale Asset Management has reached an agreement to sell its London-based asset management subsidiary SGAM UK to hedge fund…
ByMadoff Makes Fools of Financiers
The most aggravating factor with the Madoff scandal is that so many banking geniuses fell for it, says Josh Spero.…
ByExpat exodus looms among UK-based financiers
Signs are emerging that many highly skilled overseas professionals working in the UK are considering whether the time has now…
ByMorgan Stanley tops Goldman’s fourth quarter loss
Morgan Stanley has announced a fourth quarter loss of $2.19 billion, almost double what analysts had expected. Morgan Stanley has…
ByPunch-up, crunch-up
A Short and True Melodrama in One Act A Short and True Melodrama in One Act Starring Gordon “Superman” Brown,…
ByBe Cool
Christopher Silvester on the icy-calm business of crisis management For wealthy and powerful individuals, a crisis means negative media exposure…
ByUK house prices ‘to fall by 30 percent’
The head of Barclays bank has predicted that economic gloom will deepen, with property prices falling by up to 30…
BySwiss private bank makes senior appointments
Swiss private bank Clariden Leu appoints two senior officials to its executive Board. Clariden Leu, the Geneva-based bank, which is…
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