Managers of Wealth

New Tax Year, New Tax Changes

As the new tax year approaches, you might want to know about possible changes to what you’ll pay in tax.

FINMA concludes “Greensill” proceedings against Credit Suisse

FINMA will appoint an audit mandatary to review compliance with these supervisory measures.

IHT receipts show new year-on-year rise

This £3,000 annual allowance can only be brought forward for one tax year

Singapore to launch new tax incentive scheme for donors with family offices

The MAS will provide more details by the end of June.

Ex-Julius Baer banker with a penchant for bolides in prison

Things are getting uncomfortable for a former executive at the Swiss bank Julius Baer.

Finma reviewing Credit Suisse chairperson’s comments on outflows: reports

Credit Suisse said it does not comment on speculation.

Ex-CS banker loses appeal in espionage case

He is demanding compensation as he was wrongly convicted while at work and has been unable to find work since his release in 2015 as a result of his conviction.

Link faces £257m hit as FCA Woodford probe nears end

Link has also entered fresh talks to sell its Fund Solutions arm to a rival once the Woodford saga draws to a close.

Ex-JPM, Barclays exec Staley discussed Disney princesses with Epstein - lawsuit

The lawsuit claims Staley had a close personal relationship with Epstein and that emails between the two "even suggest that Staley may have been involved in Epstein's sex-trafficking operation".

Connect adds Investec to lender panel

Investec offers residential and buy-to-let mortgages for high-net-worth individuals with an income of more than £300,000.

The most important tax-year end in decades? Seven ways to protect against the tax crunch

So if not done already then it’s definitely time for earners, savers and investors to review their tax position.

Labuan IBFC and SBF to jointly host masterclass on Labuan International Business and Financial Centre

The masterclass will showcase Labuan IBFC’s sectoral offerings and services

Joseph Safra’s Son Sues Family Members

He claims that the other family members had deliberately diluted his stake in the firm in an effort to oust him from the Safra business.

Finra arbitrators order Credit Suisse to pay $1.3 million to former rep

The Swiss firm loses another dispute over deferred compensation related to the 2015 closure of its U.S. wealth management operation.

PIMFA calls for Financial Conduct Authority to have greater role in protecting public from fraud

It is vital that the public is protected from online fraud, and the devastating impact it can have on people’s lives.

DWS boss does not rule out greenwashing fines

Deutsche Bank's wealth management subsidiary, DWS, will continue to work with authorities in connection with the greenwashing allegations.

Morgan Stanley IM Approved for Full Ownership in China

Morgan Stanley IM will increase its stake from 49 percent to 100 percent upon completion of the transaction which is subject to business registration and other procedures required by Chinese regulatory entities.

Mayer Brown advises Crédit Agricole wealth management arm, Indosuez, on acquisition of majority stake in Wealth Dynamix

The operation supports Indosuez’s innovation focus as well as strengthening Azqore's position in the outsourced banking services' sector.

Swiss authorities open criminal probe into bank data breaches

Authorities launch investigation into last year’s leak of the details of 18,000 accounts at Credit Suisse

Credit Suisse Releases More Greensill Funds to Investors

Fund assets totaling $667 million, were also repaid almost in full at the time.

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