Managers of Wealth

Barclays struggles to escape Diamond's shadow

Two fresh inquiries into conduct are set to spark further fines, while third-quarter profits have been knocked by PPI mis-selling charge

Law firm acquisition strengthens Private Client Service team

The division is headed up by Alexandra Bartrope, who specialises in Wills, Probate and Estate Administration and Trusts.

UBS under investigation for possible manipulation of benchmark rates

It is believed that this is the first time that UBS has disclosed the investigation by MAS.

Libor Complaint Prompts Paris Prosecutors to Open Inquiry

Paris prosecutors opened a preliminary inquiry

Investment banking is a gamble, Kweku Adoboli tells court

Kweku Adoboli, the UBS “rogue trader”, denied gambling away the bank’s money, claiming if his actions amounted to gambling then all investment banking was just a game of chance.

FSA sees rise in whistleblowing cases

‘Whistleblowing cases are becoming much more common and they can be hugely significant for companies; we have investigated cases where losses of up to £1 billion have been reported by a whistleblower.'

Barclays hit by fresh US investigations

Barclays, already rocked by an interest rate rigging scandal, unveiled two new US regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance.

Greek publisher in court over Swiss bank names

Greek prosecutors say the more than 2,000 Greek names were given to Greece’s government by French authorities.

HMRC woos divorcees for tax evasion tip-offs

“HMRC is under intense pressure from the Treasury to increase the tax yield for the Exchequer and they are increasingly resorting to unorthodox methods to get the job done, such as paying informers for tips that may lead to the opening of enquiries

Files on alleged AIB fraudster's luxury jet revealed in court

Mr Kallakis and his co-accused Alexander Williams are facing charges that they conspired to defraud AIB in Britain

$3.79 trillion (£2.35tn) smuggled out of China in last ten years

GFI analysed data filed with the International Monetary Fund on import and export prices.

Court could force Barclays to release Libor emails

Lawyers for Guardian Care Homes are set to claim in court on Monday

Bank of England's handling of financial crisis to be scrutinised in reports

Three reviews commissioned by central bank in May are due to be published this week

UBS, RBS Traders Suspended as Rates Probe Goes Beyond Libor

UBS AG and Royal Bank of Scotland Group Plc suspended more than three traders in Singapore as regulators investigating Libor-rigging turn their attention to the rates used to set prices on foreign exchange derivatives.

FSCS funding proposal lacks vision, logic and fairness - IMA

"The IMA proposes the use of a reserve policy and three year forecasts. If adopted, our model would provide greater certainty to firms about future levies, smooth exceptional claims and ensure the right person pays."

French prosecutor wants to question Madoff, UBS

France's prosecutor has asked an investigating judge to question jailed swindler Bernard Madoff and Swiss bank UBS as part of a probe of investor losses from Madoff's multibillion-dollar Ponzi scheme, a judicial source told Reuters.

RBC, SocGen Said to Be Among Banks Subpoenaed in Probe

Lloyds Banking Group and eight other major banks have received subpoenas by the US state prosecutors as part of an investigation into alleged Libor manipulation, the Wall Street Journal reported.

RBS Trader Placed on Leave Amid Rate-Setting Probe

In a statement, the bank said, "Our investigations into submissions, communications and procedures relating to the setting of Libor and other interest rates are ongoing. RBS and its employees continue to co-operate fully with regulators."

IRS Extends FATCA Implementation Deadlines (For the Last Time?)

In response to continuing concerns raised by foreign financial institutions, the IRS has issued new guidance further delaying a number of the FATCA implementation deadlines in the form of Announcement 2012-42 (the “Announcement”), offering FFI

PwC US Releases 2013 Guide to Tax and Wealth Management

Wealth planning should be a family enterprise

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