- Managers of Wealth -Wealth, private banking and asset management news and opinion

America's wealth gap -- in 1776

All the talk of the 1 percent and the 99 around Independence Hall got us wondering.

Ex-JPMorgan Broker: 'It Was All About The Money, Not The Client'

"It was all about the money, not the client."

A bejewelled departure? by David Heaton, Baker Tilly

It will be interesting to see whether Barclays Bank publishes details of Mr Diamond’s termination package, of which all but £30,000 seems likely to be taxable at 50%.

The eurozone’s woes are clouding out a few brighter rays - Rothschild Asset Allocation July 2012

Hopes and fears about the future of the eurozone continue to dominate investor sentiment and drive large swings in markets. While the sense of crisis may ease following the EU summit at the end of June, there are still lots of details to be worked through

Banks were 'unethical’, says FSA's Martin Wheatley

Speaking to The Sunday Telegraph, Martin Wheatley, head of financial conduct at the Financial Services Authority (FSA), said Britain has been left with a “big problem” as a result of what he described as the “back book legacy” of t

Let's end this rotten culture that only rewards rogues

It is a tax on wealth generation and an enemy of honest endeavour – the beast that is devouring British capitalism.

Dexia AM presents its asset allocation outlook for the second half of 2012

The situation is still precarious. Any excessive disappointment could send us into a new cycle of stress, which is the main driver of negotiations in Europe. The psychological battle between countries is feeding the rumour mill and heightening market vola

Caught in the Rigging - LIBOR to LIBENT by Justin Urquhart Stewart

Well what else can we say that has not already been said and written about the bursting LIBOR scandal?

Slow economic recovery to weigh on U.S. banks: Citi

The brokerage cut its price target on BofA to $8 from $9, on Goldman Sachs to $110 from $145, on JP Morgan Chase & Co to $43 from $45, and on Morgan Stanley to $16 from $20.

2012 Mid-Year Economic Outlook - BofA Merrill Lynch Global Research

Following are BofA Merrill Lynch Global Research’s Global and U.S. Economic mid-year outlook reports.

Tax Avoidance Boon or Bane

The recent Times series on tax avoidance has triggered a huge spike in coverage of the tax affairs of the rich and famous.

James Moore: From an ethical view, you must dump Barclays

Barclays has not been the best call that this column has made.

Will HMRC retain disputed tax while schemes are under review? by George Bull

Faced with higher taxes, some people are tempted to become non-resident.

Bob Diamond: profile of one of the world's richest bankers

The American-born Barclays chief executive was once described by Lord Mandelson as the "unacceptable face of banking" over disputed claims that he had been paid £63 million.

CISI comment on LIBOR fixing scandal

The CISI is shocked by the participation of Barclays and possibly other banks in the LIBOR fixing scandal which seriously undermines the integrity of the London market.

Most Asian banks deliver service the traditional way

According to the BRI, this trend will persist down the line and that most banks may not be prepared to meet the new customer requirements or preferences.

Fate of Eurozone Dominates Cyclical Market Forum - UBS Global Asset Management

Three market scenarios are proposed at each Cyclical Market Forum and debated by UBS investors from across the world

What’s in Store for the Second Half of 2012 - BlackRock

In 2012’s second half, investors will face “a rocky road” compared with the year’s first few months, with the potential “fiscal cliff” in the U.S. as well as Europe’s ongoing turmoil both posing risk to a still we

A kind of magic by Tim Price, Director of Investment, PFP Wealth Management

There were plenty of reminders of the gravity of the underlying situation during the past week, for anyone that cared to look.

The Old Lady is preparing for the prospect of “turbulence ahead” by Ruth Lea, Arbuthnot Banking Group

In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses the latest developments in the Eurozone and the actions of the British Authorities to stimulate the British economy and prepare for, in Sir Mervyn King’s words,

Comment & Analysis