09/25/2012

Jobs cull as Europe's banks step up costs battle

European banks have admitted they have a cost problem, and must now show skeptical investors they are doing all they can to lead a profitable life without the crutch of bloated jobs, bonuses and business lines.

09/23/2012

China: For Many Expats, It's Not Worth It

“Don’t you think,” asked Kitto in the August edition of Britain’s Prospect, “with all the growth and infrastructure, the material wealth, let alone saving the world like some kind of financial whiz James Bond, that China woul

09/20/2012

Sir Mervyn King: several banks involved in Libor

In his first live TV interview the Governor of the Bank of England Sir Mervyn King tells Jon Snow several banks have been involved in the Libor rates scandal and that he did not fire Barclays boss Bob Diamond. .

09/19/2012

Swiss bankers aren’t famous for their sense of humour.

So it will come as no surprise that the Gnomes of Zurich were serious when they recently sent a questionnaire to 22 of the richest crooks and liars in Russia, asking them for their assessment of the prospects for Russian wealth management — and prin

09/19/2012

America's Richest Hedge Fund Managers

The hedge fund industry is going through tough times. The average hedge fund manager has been unable to beat the market for the last 20 months.