09/23/2012

China: For Many Expats, It's Not Worth It

“Don’t you think,” asked Kitto in the August edition of Britain’s Prospect, “with all the growth and infrastructure, the material wealth, let alone saving the world like some kind of financial whiz James Bond, that China woul

09/20/2012

Sir Mervyn King: several banks involved in Libor

In his first live TV interview the Governor of the Bank of England Sir Mervyn King tells Jon Snow several banks have been involved in the Libor rates scandal and that he did not fire Barclays boss Bob Diamond. .

09/19/2012

Swiss bankers aren’t famous for their sense of humour.

So it will come as no surprise that the Gnomes of Zurich were serious when they recently sent a questionnaire to 22 of the richest crooks and liars in Russia, asking them for their assessment of the prospects for Russian wealth management — and prin

09/19/2012

America's Richest Hedge Fund Managers

The hedge fund industry is going through tough times. The average hedge fund manager has been unable to beat the market for the last 20 months.

09/18/2012

Ex-Adam & Co chair Entwistle: why UK needs a new bank

Ex-Adam & Co chairman Ray Entwistle is considering launching his new UK private bank with backing from a foreign institution and has said that a potential strategy to acquire investment management businesses could be put on ice.

09/18/2012

High Tax Net by Gary Heynes, Baker Tilly

HMRC and HM Treasury (HMT) announced last week that, as a result of greater scrutiny of the tax affairs of taxpayers in HMRC’s High Net Worth Unit (HNWU) which was set up three years ago

09/17/2012

The 20 Most Expensive Cities On The Planet

The rundown takes into account wage levels around the world, and is based on living expenses such as food, rent, clothing, electronics, and services like haircuts and phone charges.

09/16/2012

Rock of Ages

Family-wealth advisor Rockefeller & Co. was hit by both the financial crisis and the death of its CEO. Not only did it survive, it thrived.

09/16/2012

Bank-bashing London 'at risk of losing out’ to New York

London risks being eclipsed by New York as the capital is hit by “banker bashing” and badly thought-out property tax rises, according to the man behind One Hyde Park, the UK’s most expensive residential development.

09/16/2012

Private banks set to benefit from Qatar wealth management

Wealth transfer to the next generation provides private banks with opportunities to “deepen relationships” with their clients and “fulfil the social promise as engines of economic prosperity”, says a top Standard Chartered executiv