Managers of Wealth

Nigerians and UK’s Unexplained Wealth Orders

Various reports cited London as a money laundering haven, but the UK Government was conspicuously silent on the issue, turning a blind eye as millions of dollars poured in.

Rogue tax official arrests show CRS risks

The arrest of seven tax officials in Argentina accused of selling data has highlighted the risks of sharing tax information globally.

US tax reform prompts wealthy home buyers to leave high-tax states

The law has given immense tax breaks to the country's wealthiest people.

Steven Cohen’s Investment Firm Accused of Hostility to Women

The lawsuit offers a rare glimpse inside the $11 billion firm, which is run by one of Wall Street’s most fabled traders and is a huge source of business across the banking industry.

The Best Way For Trusts And Estates Lawyers To Source New Wealthy Clients

There are many ways to potentially source high-net-worth clients.

In bitter dispute, Credit Suisse fights class-action suit by former brokers

She further argues that Laver and other litigants in the class-action suit who didn't take the offer to join Wells Fargo aren't owed anything because of the deals they reached with other firms.

Mayfair dining spot and hedge fund favourite Boulestin has gone bust

Meanwhile its unfortunate sole director, restaurateur Joel Kissin, had lent the business a hefty £2.4m in an unsecured loan.

Credit Suisse wealth manager jailed in Switzerland

A former Credit Suisse wealth manager has been handed a five-year jail term for a fraud worth tens of millions of Swiss francs.

Global Tax and Wealth Expert launches WealthAbility

WealthAbility's mission is to provide successful small business owners and investors with "Way More Money, Way Less Taxes and Financial Freedom Faster."

Banker failed to discipline colleague caught having sex in night club toilet

The scandal came to light after members of George Eleftheriou's team wrote a letter to his boss, Brian Colquhoun

Nevada trust companies growing wealth

"We have tried to establish ourselves as the Switzerland of family trust companies. They bring very high paying, white color jobs here."

Credit Suisse Says Claims Bank Misled Investors Unfounded

“All regulatory reviews were closed without any action against Credit Suisse,” it said.

FCA, PRA address algorithmic trading, as its use seen to grow

This report summarises our key areas of focus, and highlights examples of good and poor practice,” the FCA adds, noting that it is based on a number of “cross-firm reviews on themes related to alorithmic trading.

Credit Suisse in New Legal Threat

U.S. shareholders are bringing a class-action suit against Credit Suisse – and against Chief Executive Tidjane Thiam.

Wall Street trader, NFL players hit hard by ‘untouchable’ $4M mob-linked scheme

The impressed Staten Islander couldn’t know what he alleges is the truth: There was no production, no product, no patent.

Credit Suisse Faces Lawsuit Over Deferred Pay For Brokers

A Credit Suisse spokeswoman tells the newswire that the suit has no merit and that it’s standard practice for Wells Fargo and other brokerages to cover the deferred compensation of new hires in such instances.

Vontobel agrees mutual settlement with German authorities concerning untaxed assets held by German clients

Payment fully covered by provisions, will have no financial impact on figures for current fiscal year.

China’s War on Risk Has Banks Fleeing Shadowy Wealth Products

Interbank cross-holdings of WMPs more than halved last year

Ecobank partners Nedbank on customer wealth management

The Head, Securities, Wealth and Assets Management, Ecobank Nigeria, Ibukun Oyedeji, also said the bank is very committed to helping its customers to maximise their wealth.

Art Dealer Quizzed After Billionaire’s Fraud Complaint

Such meetings can be the trigger of criminal proceedings and formal accusations.

Legal,Regulation,Tax & Compliance