04/12/2016
News that one of the loss-making oil giant’s top 10 investors was planning to vote against it is likely to embolden other shareholders to register their anger at Thursday’s AGM.
04/12/2016
World wealth has grown exponentially in the last decade to the point where so many have achieved centi-millionaire status or even billionaire status, that it is almost unfathomable.
04/11/2016
hang the rich, shut down offshore financial centres, and, if you’re an imperialist like Jeremy Corbyn, colonise them too.
04/11/2016
The firm, which oversaw $70.5 billion in fee-paying investor capital at the end of last year, disbanded its flagship macro hedge fund after almost two years of losses and a spate of redemptions since 2007 shrank its assets by more than three-quarters to $
04/11/2016
Hong Kong was Mossack Fonseca's go-to spot for financial intermediaries like P&P Secretarial Management
04/11/2016
Speaking on the occasion, Surojit Shome, CEO, DBS India said: “As the bank that helped finance Singapore’s industrialisation, DBS has always believed in India’s long term growth story.
04/11/2016
Courtiers has bought out Oxford adviser JRH Asset Management, the first of three impending acquisitions the company said it is hoping to complete soon. The purchase of high net worth-focused adviser, for a price tag above £1 million, will bring &a
04/11/2016
Standard Chartered shares rose 1.7 percent to 451.05 pence, the highest in a week, at 9:51 a.m. in London trading Monday.
04/11/2016
As a result, Hamnett Wealth has had to scale down plans Mr P J had hoped to enjoy during his retirement.
04/08/2016
Rothschild said Poroshenko had appointed it as a trustee of a blind trust to hold his shares in Roshen.
04/08/2016
Fresh-faced financial technology start-ups (fintechs) are coming up with new mobile-first services - payments, loans, money transfers, digital currencies - and threatening to steal customers, particularly younger ones.
04/08/2016
Rush to take on wealthy clients raises risk, says regulator
04/08/2016
The partnership means that JTC’s range of private equity, real estate, hedge, infrastructure and other alternative fund clients will now have access to a specialist depositary, which can help managers meet the requirements of the EU Alternative Inve
04/08/2016
Deutsche Bank suspends five wealth management executives
No clients suffered damage due to their actions, the source said.
04/08/2016
During both these years the industry’s main players added a combined 300 new private bankers to their ranks.
04/08/2016
Switzerland's Finance Minister Ueli Maurer has gone into bat for rich people who set up offshore companies, saying they already pay a lot of tax.
04/08/2016
“We currently have six underlying businesses and we will still have six underlying businesses, but each of them is currently branded separately,” he said.es are part of the same group.
04/07/2016
While an attractive business with strong growth potential, this Barclays WIM business, serving high net worth and ultra high net worth clients in Singapore and Hong Kong, was confirmed as no longer central to Barclays’ strategy and became part of Ba
04/07/2016
This partnership is based on the shared vision of building a business for the long-term, as rooted in Bedell Trust's DNA.
04/07/2016
They now see private banking as their next hunting ground.