Managers of Wealth

Banking Studies Institute issues its report on GCC banks

Report included an analysis of data of 52 main conventional banks and 20 Islamic Shariah-compliant banking institutions in the GCC countries

Strong demand for Islamic banking products projected

Demand will be driven by a number of categories of potential customers who have been "waiting patiently" for Islamic financial services

The economy must be reformed, but no one dares to take the first step - Sarasin

We are living in challenging times, characterised by fundamental social, economic and political experiments.

Reading, tax havens, secrecy and the sale of homely football clubs

Reading, formed in 1871 at a public meeting in the town's Bridge Street Rooms, are owned by Anton, the 30-year old son of the St Petersburg-based pulp and paper billionaire Boris Zingarevich, via Thames Sports Investments, registered in Gibraltar.

Citigroup expects majority of biz from emerging mkts, says Vikram Pandit

Speaking to British daily, India-born Pandit said Citi is set to glean majority of its business from emerging markets with Asian and Latin American consumers as well as trade between those regions and Africa driving growth.

A busy summer for the taxman by George Bull, Baker Tilly

With notable successes in its battle against tax avoidance and record numbers of prosecutions for tax crimes, HMRC is sounding distinctly more upbeat about its prospects.

“Anything worth doing is worth doing slowly.” -- Mae West

If one is to believe that the implementation of reform in the financial services industry truly is worth doing, then the pace of change here in Washington should be music to one’s ears.

The London Singapore swing

Some young London bankers intent on saving their careers are trading the troubles of the Square Mile for the shiny shore of Lion City. Simon English weighs the pros and cons of moving there

Investors must hold their nerve: Skandia Internat’l

Phil Oxenham, marketing manager for Skandia International, the offshore business of Old Mutual Wealth Management, said based on returns alone, most investment decisions would have paid off during the first half of 2012.

New investor body doomed without sovereign fund support

The backlash, dubbed the "shareholder spring", has cost the jobs of executives such as Aviva boss Andrew Moss, and Sly Bailey, head of newspaper group Trinity Mirror.

Business interview: Douglas Connell of Turcan Connell

The two decided to go it alone when accountant Arthur Andersen began its merger talks with D&W in 1997, as questions were raised over how private clients would fit into the business.

Barings rogue trader Nick Leeson: 'Money is not my motivation'

Liquidators personally chased him for £100m and he was limited to earning less than £3,000 a month to stop them taking a cut.

How to Invest in a Powerhouse Emerging Market

Try exchange-traded funds and mutual funds. The money is flowing in, and Turkey-based indexes are outperforming.

A Remarkable Quote From The 1970s That Perfectly Predicted Why The Euro Would Be A Disaster

Ramanan rounded up some pretty incredible Nicholas Kaldor quotes on Europe from the early 70′s. It’s really remarkable commentary given the time it was written.

Does the Standard Chartered settlement promote financial crime?

The Asia-focused bank agreed to a fine of $340m and to allow monitors and examiners of his choice reporting to the New York State department of financial services to be installed in its New York branch to ensure it is abiding by anti-money laundering legi

Comment & Analysis