Managers of Wealth

One less beer and you'll be a billionaire, right?

Let's be clear here. This is the manifesto of a person who Tony Abbott has pledged in blood to give a massive tax cut to as one of his first actions if he's elected.

Phew what a relief! We are all still here by Justin Urquhart Stewart

Well unlike last summer, it seemed that the world decided not to fall apart and stock markets did not collapse by 20% on the basis of useless comments from a credit rating agency

Investors flock to US hedge funds despite recent losses

North American funds have certainly not been immune from tough markets, and tough investors, over the years.

Barclays sees Middle East driving investment bank

Gulf Arab investors are also targeting options closer to home as they look for places to park their cash.

What will the wealth tax look like? Will it work? Will it hurt? by George Bull

The announcement that the Liberal Democrat Party is considering the introduction of a wealth tax will be welcomed by many.

Societe Generale Private Banking turns to defensive investment strategy

SocGen said investors should still keep an eye out for good investment opportunities in Europe.

Clegg reveals himself as another tax and spend merchant

But Mr Clegg's demands are not just ideologically at odds with the aims of his Coalition partners, they are also economically illiterate.

Barclays' new chief executive Antony Jenkins: profile

A career banker who started at Barclays almost 30 years ago

Investors, not jewellery buyers, are the key drivers of the gold price - Coutts

The reported 13% fall in jewellery demand over the past year does not explain gold price weakness in this period. Instead, the key has been flat demand from investors, especially from China and India.

The ‘Draghi Effect’ and implications for global investors - Sarasin & Partners

Mario Draghi is proving to be a surprising friend of global markets, with world equities up by around 10% since his appointment to the ECB in November 2011.

London's future: The City changes course

A growing litany of scandals is challenging London's position as never before. With capital fast building up in Asia itself, what role does The City have in the future?

Private school fees soar to £10,000

The annual private school fee in Scotland rose from an average £6,039 in 2002 to £9,816 in 2012.

Banking Studies Institute issues its report on GCC banks

Report included an analysis of data of 52 main conventional banks and 20 Islamic Shariah-compliant banking institutions in the GCC countries

Strong demand for Islamic banking products projected

Demand will be driven by a number of categories of potential customers who have been "waiting patiently" for Islamic financial services

The economy must be reformed, but no one dares to take the first step - Sarasin

We are living in challenging times, characterised by fundamental social, economic and political experiments.

Reading, tax havens, secrecy and the sale of homely football clubs

Reading, formed in 1871 at a public meeting in the town's Bridge Street Rooms, are owned by Anton, the 30-year old son of the St Petersburg-based pulp and paper billionaire Boris Zingarevich, via Thames Sports Investments, registered in Gibraltar.

Citigroup expects majority of biz from emerging mkts, says Vikram Pandit

Speaking to British daily, India-born Pandit said Citi is set to glean majority of its business from emerging markets with Asian and Latin American consumers as well as trade between those regions and Africa driving growth.

A busy summer for the taxman by George Bull, Baker Tilly

With notable successes in its battle against tax avoidance and record numbers of prosecutions for tax crimes, HMRC is sounding distinctly more upbeat about its prospects.

“Anything worth doing is worth doing slowly.” -- Mae West

If one is to believe that the implementation of reform in the financial services industry truly is worth doing, then the pace of change here in Washington should be music to one’s ears.

The London Singapore swing

Some young London bankers intent on saving their careers are trading the troubles of the Square Mile for the shiny shore of Lion City. Simon English weighs the pros and cons of moving there

Comment & Analysis