01/31/2012
Putin demands wealth tax
The levy would be introduced in 2013 as part of legislation needed to reduce a massive gap between rich and poor, Putin said in a statement on his candidate website www.putin2012.ru.
01/31/2012
Canada’s second-largest lender Considering ‘Wealth Opportunity’ in U.S
“There’s obviously a wealth opportunity there.”
01/31/2012
"Our record earnings, which are primarily attributed to steady loan growth and enhanced Wealth Management revenue, made 2011 a very good year for the Corporation."
01/31/2012
Accounting firm eyes HNWI business
"At a time when many businesses are struggling to cope with challenging business conditions, it's vital they look to improve the way they operate at a fundamental level - only those that do so will survive and even thrive in the current environm
01/31/2012
The bank, whose roots stretch back over 200 years in the UK, was bought by German Dresdner Bank in 1995.
01/31/2012
Luxembourg eyes huge spend from Qatar
Luxembourg’s 40-year-old finance centre finds immense opportunities for co-operation with the Qatar Financial Centre (QFC) in management and investment funds; wealth management; and trade and corporate finance.
01/31/2012
Swiss private bank sued in Singapore over minor’s risky trades
“The trades were carried out through the instigation of Chwee without any consultation with WF Ow,” the Ows said in their lawsuit.
01/31/2012
She said: “It is very expensive to buy businesses, and there has to be a cultural fit. But if the right business came along, then we wouldn’t ignore it.”
01/30/2012
Hester is set to be awarded 3.6 million shares, worth about 963,000 pounds, for last year.
01/30/2012
One of Barclays’ top 10 investors is reported to have said: “If the bank doesn’t exercise real restraint then it faces a shareholder rebellion.”
01/30/2012
Just 7% of those questioned supported £1 million salaries for chief executives of firms in the Ftse 100, while only 1% said senior bosses were worth the £4 million currently earned by those at the top end of business.
01/30/2012
Jean-François Boutringain, 49, has been appointed Chief Operating Officer, for Brand, Communications and Quality for the BNP Paribas Group, in charge of coordinating teams and resources.
01/30/2012
The opt-in program allows members to select from a rotating menu of charitable initiatives and desired raffle prize.
01/30/2012
Nicola Horlick gets back down to business with Rockpool
In recent years, she has focused her efforts away from the financial markets, raising money for private film ventures and a small chain of restaurants to be named after her daughter, Georgina, who died of leukaemia in 1998.
01/30/2012
French banks intend to cut bonus payments for 2011 by between 40 percent and 50 percent, Le Journal du Dimanche reported, without saying where it obtained the information.
01/28/2012
Emerging markets are expected to increasingly decouple from developed markets and as such offer a diversified investment opportunity.
01/27/2012
For some bankers, including a number in Asia, total pay will only drop by about 20 percent, said one of the people who declined to be identified because they weren’t authorized to speak publicly.
01/27/2012
One of the 104 investment bankers suing for €50m in unpaid bonuses told the UK High Court on Thursday he had expected a further €300,000 bonus in 2008 despite already receiving a €300,000 guaranteed bonus from Dresdner for that year.
01/27/2012
Swiss Private Bank agrees to sale amid U.S. Tax-Evasion crackdown
We are determined to see the legal negotiations through to the end. At the same time, it is our duty to guarantee our clients and staff the greatest possible security.
01/26/2012
Succession could seek an initial public offering or private equity investment once it reaches its target of £7bn funds under influence, its chief executive has said.