Managers of Wealth

Standard Chartered and HSBC – it's that international twosome again

Interim results for both the UK-based banks are set to be less than sparkling this week

Today's Dominant Economic Power Elite Are Bankers, Private Equity and Hedge Fund Super-Rich

C. Wright Mills’ 1956 classic work, ” The Power Elite ” only mentions “ investment banker”one time, never refers to ” Wall Street,” talks about Wealth as a measure of personal freedom, but mentions “milliona

The Brics have a chance to succeed where the World Bank has failed

The new Brics bank is an opportunity to learn lessons and ensure every infrastructure project protects human rights

Three-Way Big Data Banking Battle Brewing

Not only will regulators and other enforcement agencies discover and prosecute fraud, corruption, and other criminal behavior within the global financial services industry, but they are also committed to improving their technical forensic capabilities acr

The tax challenges of the digital economy – one year on by Rebecca Reading, Baker Tilly

The OECD’s Action Plan on Base Erosion and Profit Shifting, which launched one year ago amid public disquiet over the behaviour of multinationals, is expected to report in September on the thorny issue of taxing companies in the digital economy. But

WealthGuard’s Applauded CEO Provides Four Truths about Financial Advisors in The Motley Fool

For high-net-worth investors seeking background checks, ratings and rankings, WealthGuard recently delivered invaluable advice in The Motley Fool

Pulse of the Rich

Haefele says that if investor confidence improves, a portion of this idle cash will get redeployed in the stock market, driving prices higher. He thinks U.S. equities will return around 7% or 8% this year.

Private banks must change tack as wealth shifts to emerging markets

An emerging market entrepreneur is a lot more likely to come to the bank looking for a business loan than a wealth fund

Bedtime for Bondo by Tim Price

They call them ‘junk bonds’ for a reason. They now constitute an offence against linguistic decency: ‘high yield’ no longer even is.

Will tax rate change reduce pension fund withdrawals? by George Bull, Baker Tilly

Estate planning could become much easier if pension funds will be taxed at no worse rate than other assets. The proposed change to the 55% rate reduces the incentive for pension holders to withdraw funds if the balance in the pension fund on death will be

Brics: The acronym that went Pinocchio

The real test of the resolve of Brics countries will come in dealing with crises that affect the non-democratic world

Are Balance and Strategy the Keys to Success? by Tomas Edwards

July 5th saw the start – the Grand Départ – of the 2014 Tour de France, the world’s premier cycling race.

World’s Biggest Wealth Fund Reviews $8 Billion Russian Stake

The government of Norway, which isn’t an EU member, said it’s ready to adjust the fund’s holdings to reflect the changing geopolitical climate.

Empower me! 10 ways wealth management has to change by 2030

The credit crisis, regulation, technology and ethics are among the features in the changing face of wealth management.

Close Brothers' powerful bank director Penny Lovell on why she loves Leicester

Despite her own success in the male-dominated world of finance, Penny says there aren’t enough women coming through from the next generation.

Heaven’s Bankers: Inside the Hidden World of Islamic Finance

Is sharia-compliant banking just a way of twisting the rules?

Inversions are here to stay in ‘tax haven’ UK by George Bull

Tax inversions are back in the press this week, with no less than two US companies planning to swallow up their British rivals and take advantage of the UK ‘tax haven’.

Britain isn't so shoddy either by Justin Urquhart Stewart

At times like this we seem to shrink to the rear and assume that they (that is anybody else) are better than us at most things and that we are not very good at anything.

Wood will burn by Tim Price

I am definitely concerned. When was [the cyclically adjusted P/E ratio or CAPE] higher than it is now?

Islamic banking: growing fast but can it be more than a niche market?

Given this is how banks generally make their money, you may ask how Islamic banks prosper? The answer is they still make money by lending out their capital but do so in ways where interest and fees are not explicit.

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