03/02/2015
Barron's used a number of factors to determine the state-by-state rankings including: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
02/28/2015
Much of Bonhams' classic and luxury car expertise, led by co-chairman Malcolm Barber, came from Sotheby's previous car department.
02/28/2015
The Forum looked at trends shaping the future of wealth management in Asia, welcoming over 100 CEOs, senior management, and other leading practitioners.
02/28/2015
Its popularity has enabled the BVI to become the dominant global market leader for company incorporations, with over half of the world’s offshore companies domiciled in the BVI and with such companies being widely used throughout the world and in al
02/28/2015
"There's a mood of borderline euphoria and excitement today... after six grim months where the sense of passion and urgency fell away a bit," said a senior Asia-based insider.
02/27/2015
Banks including UBS Group AG, Credit Suisse Group AG and J. Safra Sarasin Holding AG have levied charges on some cash accounts after the Swiss National Bank last month began charging 0.75 percent interest to hold francs.
02/27/2015
The private bank's parent company, Royal Bank of Scotland, said the inquiry was focussed on its Swiss operation, including current and former employees.
02/27/2015
The disclosure shows the lengths to which Carlyle went to poach Michael Cavanagh in a bid to attract top talent and diversify its business.
02/27/2015
“It was a year in which active management via active managers paid handsome dividends, and the collective experience we are able to bring to bear at Bordier (UK) shines through in the outstanding numbers we have once more delivered for our clients.
02/27/2015
France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings Plc which has admitted failings in compliance at its Swiss private bank
02/26/2015
Dubai is adjusting regulation of investment firms that handle the money of wealthy people in its financial free zone
02/26/2015
HSBC Holdings Plc Chief Executive Officer Stuart Gulliver told U.K. lawmakers the scandal over the role the company’s Swiss private banking unit played in helping clients dodge taxes was the product of a different era
02/26/2015
Royal Bank of Canada Bahamas unit faulted in probe of tax fraud, money laundering
Royal Bank of Canada, Canada’s second-largest lender, said French prosecutors are recommending a Bahamas wealth-management unit be punished in a probe of tax fraud and money laundering.
02/26/2015
The country's wealthier investors are more optimistic than ever before.
02/26/2015
HSBC bosses rejected calls from British lawmakers for them to quit over the bank's Swiss tax scandal
02/26/2015
Goldman Sachs’s latest financial report shows that the company avoided paying federal income taxes on almost half its United States profits in 2014
02/26/2015
Morgan Stanley’s army of wealth managers sure have a lot of free time on their hands. So much so that executives there have apparently crafted a video spoofing The Hunger Games movie.
02/26/2015
Secrets to Managing Multiple Offices
With the growth of the RIA channel and active M&A environment, many firms are branching out and opening new offices
02/26/2015
Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve.
02/26/2015
Elite Swiss Private Bankers Still Earning Millions, EFG CEO Says
Some bankers face an uncertain employment future as their firms struggle to withstand pressure on profits after years of low interest rates, an international crackdown on tax evasion and the sudden appreciation of the country's currency in January.