02/07/2012

UBS Cuts 2011 Bonus Pool 40% as Investment Bank Posts Loss

“We’ve tried to refocus our reward system, differentiating employee performance, differentiating business performance, in a way we think is fair,” Naratil told reporters on a conference call. There’s “a difficult balance bet

02/07/2012

The rich lose a little faith in their wealth managers

The satisfaction levels of high new worth individuals (HNWIs) with their main contacts at UK wealth managers has fallen this year, with a decline in those saying they are 'very satisfied' with the service received.

02/07/2012

Swiss banks to police clients' overseas taxation

In future, Swiss banks may require their overseas customers to provide proof that any funds held in Swiss accounts have been taxed correctly in the client’s country of tax domicile.

02/07/2012

Coutts hosts 'Women in Philanthropy Forum'

On Friday, over 60 philanthropists came together at Coutts’ head office to discuss and explore the important role that philanthropy can play in supporting women and girls in the UK and internationally.

02/06/2012

Julius Baer inflows fail to offset Swiss franc‎

Julius Baer Group Ltd. (BAER), the Swiss wealth manager founded in 1890, said it will probably have to pay a fine to resolve tax matters with the US after full-year profit declined 27 percent.