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

FSA chief in attack on 'cynical greed' of City traders

Lord Turner also says free current accounts are bad for competition in banking sector

Opinion: Bailed-out banks facilitate $21tn offshore cash hoard

In Inequality: you don’t know the half of it, eight of the world’s leading economists were asked whether offshore wealth was largely excluded from inequality studies.

Don't Sling Singapore by Justin Urquhart Stewart

At last are we seeing signs of a strategic move from the London Stock Exchange?

Global banks are the financial services wing of the drug cartels

As HSBC executives apologise to the US Senate for laundering drugs money, the fact is that nothing changes

Diamond’s Exit Fells Last Pillar in U.K.’s Gekko Generation

American Robert Diamond once mocked “Little England” regulators for failing to match his global ambitions.

Lying Libor Is Nothing Compared to China’s Fake GDP

Annual gross domestic product came in at 7.6 percent in the second quarter, according to China’s government on July 13th.

SAFT ON WEALTH-Imagining a global crash every two years

It just might be time to rethink that global diversification strategy

Private banking's squeezed middle

Echoing their colleagues in investment banking, private bankers in Emerging Europe see the middle segment of their market being squeezed, with only the biggest and the boutiques surviving. That has some casting around for new strategies in the region.

Rich to lose half their wealth by 2014

In spite of his doom and gloom about America and the world economy, when pressed Faber did recommend some China REITs.

Morgan Stanley revenues fall 24pc

The investment bank reported earnings of $564m compared with a loss of $558m in the year-ago quarter. Morgan Stanley also lost money in the first quarter.

London banks lose old-school ways

What happened? Greed took over, said Alexander S. Hoare, a managing partner at C. Hoare & Co

Investor confidence has weakened further - BofA Merrill Lynch

Investor confidence has weakened further, led by a sharp decline in expectations of corporate profit growth, according to the BofA Merrill Lynch Survey of Fund Managers for July.

Is five years of tax amnesties enough? by George Bull

Amnesties are a proven method for closing the compliance gap, collecting outstanding taxes and bringing tax payers into the tax net for the future.

Banks, the historical and the ethical

The question now must be: how they can be fixed?

“Standing Still… But Still Standing” - Blackrock

Avoiding Worldwide Recession by Addressing Fiscal Imbalances

In India, the rich get richer and the poor get poorer

The caste system remains at the root of India’s inequality between rich and poor.

Citigroup CEO Vikram Pandit: It's about getting back to the basics of banking

Vikram Pandit is the quiet man of Wall Street. Or at least he'd like to be. But as chief executive of Citigroup, once the world's biggest bank which fell from grace further and faster than any other major lender in 2008, he can't expect to

Wealth Management in the Age of the iPad by Phil Banas

It’s easy to be cynical about mobility in wealth management.

Someone is slowing the Samba in Sao Paulo by Justin Urquhart Stewart

The exciting tempo that was the growth of the world’s second largest developing economy has been showing some serious signs of faltering.

FN100 methodology: Investment banking

In previous years, the investment banking category has included the heads of the corporate and investment banking arms of European banks, mainly because their group chief executives were included under the ‘chief executives’ category.

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