Managers of Wealth

Business interview: Douglas Connell of Turcan Connell

The two decided to go it alone when accountant Arthur Andersen began its merger talks with D&W in 1997, as questions were raised over how private clients would fit into the business.

Barings rogue trader Nick Leeson: 'Money is not my motivation'

Liquidators personally chased him for £100m and he was limited to earning less than £3,000 a month to stop them taking a cut.

How to Invest in a Powerhouse Emerging Market

Try exchange-traded funds and mutual funds. The money is flowing in, and Turkey-based indexes are outperforming.

A Remarkable Quote From The 1970s That Perfectly Predicted Why The Euro Would Be A Disaster

Ramanan rounded up some pretty incredible Nicholas Kaldor quotes on Europe from the early 70′s. It’s really remarkable commentary given the time it was written.

Does the Standard Chartered settlement promote financial crime?

The Asia-focused bank agreed to a fine of $340m and to allow monitors and examiners of his choice reporting to the New York State department of financial services to be installed in its New York branch to ensure it is abiding by anti-money laundering legi

And finally… HMRC’s latest weapon – child tax spies?

In the Soviet era, children were recruited to inform on their parents. While we support HMRC in its reasonable efforts to manage the tax system, recruiting children in to a Stasi-style venture might, we suggest, be going a little too far.

Standard Chartered's $340m fine is not the last dish on the menu

Shave off £5.8bn and set to bake for one week. Take out of oven right before courtroom hearing. Serve cold to investors.

Jurisdictions take each other on in banking war

There is a no-holds-barred offensive to run each other down, accusing the other side of bias and conspiracies

Do foreign banks have a future in China investment banking?

It’s become received wisdom that China has to feature prominently in the plans of investment banks that describe themselves as or which aspire to be global these days.

Why global credit is still our favourite asset class - HSBC

It is quite a consensus call to have an overweight position on developed market credit, but we think this still makes a lot of sense.

FSA's failures allow American regulators to close in on City

Until recently most of the torrent of bad headlines concerned the venality and greed of bankers, and how the ills of a world in recession are mostly their fault.

A US sledgehammer to crack Standard Chartered

Peter Sands, the chief executive of Standard Chartered and until last week the High Priest of banking virtue, must be wondering what he's done in a previous life to deserve the attentions of Benjamin Lawsky.

James Ashton: Barclays' new chief may be old but he skips a generation

The former chairman of Morgan Stanley and ex-deputy chairman of Lloyds TSB may tick boxes that cover requisite experience in investment and retail banking.

Amidst the near-term gloom, Britain’s trade is shifting from Europe towards the world’s faster growing markets - Arbuthnot Banking Group

In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses, firstly, the Bank of England’s latest, gloomy, downgrades to their GDP forecasts and, secondly, trends in Britain’s trade figures.

Comment & Analysis