Managers of Wealth

Taxing Billionaires: Wealth Dynamics And Revenues From A Global Minimum Tax – Analysis

Offshore tax evasion and the concealment of wealth in financial institutions headquartered in tax havens has been joined by investments

For fair wage development in the banking sector

Bank employees with lower and middle salaries should all benefit from a salary increase to maintain purchasing power and compensate for the real wage losses suffered over the years.

FINMA publishes consolidated ordinance covering the insolvency proceedings at financial market institutions

The existing regulations have been revised and adapted where necessary – based on findings from practical experience and academia.

Ex-Credit Suisse Executives Settle Over Risk Failures

The settlement follows a series of lawsuits brought by shareholders in New York, who accused Credit Suisse leadership of ignoring glaring weaknesses in risk management during the years leading up to the bank’s downfall.

Inheritance tax now tops half a million pounds for almost one in 10 estates

As house prices and asset values have steadily risen, more estates are being brought into the IHT net simply because the thresholds haven’t kept pace with inflation.

Citi Boss Andy Sieg Under Fire Amid Probe Into Bullying, Vile Outbursts and Sidelining Top Female Executives

The bank confirmed that it retained top law firm Paul Weiss to review Sieg's conduct after at least six managing directors raised concerns to human resources.

Superyachts and sanctions: the Supreme Court upholds the detention of Phi

Phi came to London partly for tax reasons (as she was to be onward exported into the EU) and partly at the invitation of a British magazine to participate in the World Superyacht Awards.

Neil Woodford and Andrew Bailey: Should the latter survive the former?

As the FCA hands out fines to Neil Woodford and his firm, Richard Buxton says the regulator needs to take its share of the blame for being asleep at the wheel as the crisis unfolded.

Carey Olsen contributes to updated TISE QIBM Listing Rules

The latest update ensures the QIBM Listing Rules remain relevant and proportionate for qualified investor debt listings.

Moody's penalizes Vontobel

The outlook for the long-term deposit ratings was changed from "under development" to "stable."

St James’s Place under renewed fire over exit fees

New customers sold products with high charges days before new fee structure takes effect

Trump's tariffs do not stop at Swiss gold exports

The reason for the Swiss gold melters' large order books was the price difference between US gold futures and the London spot price for the precious metal.

US tariffs on Switzerland take effect

Switzerland is expected to pursue direct engagement with President Trump, potentially offering non-tariff concessions.

Deutsche Bank demonstrates enhanced resilience in 2025 EBA stress test

Deutsche Bank’s capital ratios would also remain considerably stronger than in hypothetical scenarios modelled in the previous EBA stress test in 2023, indicating the bank’s greater resilience under stress conditions.

Tax in Switzerland: what’s changing in 2025

In Geneva the reform is part of efforts to ensure tax competitiveness, seeking to stop wealthy taxpayers from moving away.

Evercore to acquire UK advisory firm Robey Warshaw

Set up in 2013, Robey Warshaw has been providing advisory services to some of Europe's leading multinational companies.

KPMG Tax Updates: July 30th 2025

Consistent with our commitment to provide updated information on current tax issues

PRA Regulatory Digest - July 2025

The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.

FNZ rejects $4.6bn lawsuit as ‘entirely without merit’

The claim names 17 current and former directors and accuses them of breaching fiduciary duties, acting oppressively and authorising transactions that were not on commercial terms.

Harneys remains in top bands for Chambers HNW guide 2025

This is the tenth consecutive year the firm has received these recognitions.

Legal,Regulation,Tax & Compliance