Did Pakistan collude in bombings?
The fragile new government has, until now, denied any official involvement in the attack. India’s Central Intelligence Bureau, with help…
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Wealth
On your knees, atheists!
What is it with atheists? Why are they so angry all the time that others believe in God? What is…
ByFT: Luxury market collapsing like others
When cracks in the financial and housing markets first started to appear last year, the world’s wealthiest people remained relatively…
ByHedge funds hold less attraction
Millionaires who long put money with hedge funds are now skittish about adding fresh cash after these loosely regulated portfolios…
ByUBS loses Madoff fund case, must repay -30m
UBS has been ordered by a Luxembourg court to pay French fund managers Oddo & Cie EUR 30 million, following…
ByA Dominant Mind
Spear’s meets a rising star in the world of classical music, pianist Olga Domnina Spear’s meets a rising star in…
ByThe Post-Banking World
Dubai, Mumbai, Shanghai – or bye-bye. But do you really need to flee London, asks Ellen Alpsten Dubai, Mumbai, Shanghai…
ByGreece riots, Turkey suffers
Greece’s neighbour is likely to be the victim of prejudice against further EU expansion. That the death of a young…
ByAfter Madoff, Mirabaud may blacklist unmonitored funds
In a new sign of how the Madoff scandal is affecting the hedge fund world, Swiss private bank Mirabaud has…
ByFT: $150bn redeemed from hedge funds in Dec
Investors pulled close to a net $150bn from hedge funds last month in spite of moves by dozens of funds…
ByLloydsTSB: Flight to safety slows
Investors have continued to move money into more cautious investments, such as cash or bonds, over the last six months.…
ByValentine’s Day, Every Day
Nick Valentine knows how to create London’s best clubs: mystery, flair – and peacock feathers? Venetia Clarke meets the man…
ByCitigroup ‘universal banking’ model in peril
Citigroup is understood to be on the verge of announcing a major break-up of its ‘universal banking’ model. Citigroup is…
ByReuters: 500 jobs to go at Barclays Wealth
Britain’s Barclays Plc is cutting over 2,100 jobs across its investment banking and investment management (IBIM) units, or about 7…
ByMayfair rents collapse as hedgies move out
Office rents in Mayfair, the traditional home of London’s hedge funds, fell by almost 30 percent in 2008, according to…
ByTimes: New art fund expecting bargains
One of London’s top professional art investors is to set up a special fund to cash in on the bargains…
ByThe tragedy in Gaza
The horror of the carnage overshadows some unpalatable truths about Hamas. The world television-viewing public is appalled by the daily…
ByMorgan Stanley-Smith Barney merger threatens layoffs
In what will represent a new quake across the tectonic plates of US financial services, Morgan Stanley is negotiating terms…
BySunday Telegraph: New Star sale expected soon
A buyer for troubled fund manager New Star Asset Management could be announced by the end of the month after…
ByMadoff Scandal: Special Section
It is the (allegedly) the largest fraud in modern history: $50bn may have disappeared in a giant Ponzi scheme orchestrated…
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