Managers of Wealth

Winckworth Sherwood replaces senior and finance partners

Both previous finance partners resigned from their positions.

Credit Suisse Says New York’s Fraud Suit Filed Too Late

The lender was accused of “multiple fraudulent and deceptive acts” in promoting and selling mortgage securities.

James Hay sounds trail commission tax warning

HMRC is pushing ahead rapidly with the introduction of these changes.

When it comes to taxes, India’s wealthy avoid them

The nouveau riche are just about everywhere in India, spending conspicuously in luxury stores and auto showrooms. Unless it’s income tax time. Then, suddenly, they barely exist.

France's former tax tsar admits having undeclared Swiss bank account

François Hollande's former tax tsar begged for "forgiveness" after admitting to having an undeclared Swiss bank account for the past 20 years, as he was placed under formal investigation for tax fraud.

Tax avoidance rules are causing chaos, say experts

Tax experts have warned that the Government’s efforts to introduce a blanket ban on tax avoidance are “utterly confusing” and causing “dangerous chaos” weeks before they are due to be introduced.

ABN Amro are 'masters in tax avoidance': Volkskrant

ABN Amro, now fully owned by the Dutch state, is a little more forthcoming. It says the tax haven subsidiaries are connected to special investment funds and investments in ships and that there is 'no question' of tax evasion.

KPMG has launched a global centre of excellence for family business

Family businesses are a pillar of economic growth in Bahrain

Bank of England to become one of world's most powerful central banks

Breakup of Financial Services Authorities puts Bank in charge of regulation and crisis avoidance in biggest shakeup since 1997

Deloitte Boss Blames Law For Tax Avoidance

As an example of a practice no longer deemed acceptable, he cited the way banks used trust arrangements to pay bonuses to employees that meant they avoided national insurance and allowed them to defer the tax on those bonuses.

‘Another domino’ falls in SAC insider-trading case

Michael Steinberg was arrested Friday by FBI agents at his Manhattan apartment

Sullivan & Cromwell Scores Roles on Two Wealth Management Deals

Sullivan & Cromwell and two other leading global firms have picked up roles this week on deals involving a pair of wealth management divisions.

France's Hollande Hits Companies With 75% Wealth Tax

"I am sticking by my pledge," Hollande said

Royal Bank of Scotland sued for misleading investors in 2008 crisis

Former chief Fred Goodwin could give evidence as pension funds and ING take bank to court over huge losses

ABN Said to Fire Bankers After Oil Trading Firm Prompts Probe

The Amsterdam court ruled ABN Amro was entitled to suspend the bankers before completing its investigations.

U.S. asks Liechtenstein for data in tax evasion probe

Liechtenstein, with similar secrecy laws to larger neighbor Switzerland, has long prospered by offering secretive foundations and trusts through firms known as fiduciaries.

AWD Chase de Vere to be lead case in FSCS Keydata legal battle

There are around 500 adviser firms being pursued by the FSCS, relating to about 1,500 Keydata investors.

Slaughters, Herbert Smith and Ashurst advise on Schroders' £424m Cazenove takeover

The deal comes after Berwin Leighton Paisner earlier this year took a role for Schroders on the Alternative Investment Market listing of its West End property trust.

Bundesbank blasts plan to hand Bank of England regulatory powers

Plans hand the Bank of England sweeping new powers to regulate the financial system have been criticised by the former head of the Bundesbank, who warned they risked the independence of the central bank.

Wider powers could damage BoE, warns UBS head

I refused it flat… I thought this was too high a price to pay

Legal,Regulation,Tax & Compliance