Managers of Wealth

Wall Street scion will likely plead guilty in a $150 million fraud case

Alleged fraud scheme was up to $95 million.

Comment: Fight offshore critics on the moral high ground

The media, charities funded by international aid and lobby groups should be rebutted with a moral argument, he proposed.

HSBC Reimburses $7 Million It Charged 4,000 Clients In Excess Fees

A settlement agreement approved by the British Columbia Securities Commission on Monday also includes a voluntary payment by the Vancouver-based firm of $300,000 toward investor education, and $20,000 to cover costs.

Standard Chartered CEO cracking down on 'above the law' bankers

He says he uncovered a culture where a few senior managers flouted ethics rules for personal gain and considered themselves "above the law".

KPMG Switzerland Resigns as Fifa Auditor

A spokesman for KPMG Switzerland, which has audited Fifa since 1999, confirmed its resignation on Monday.

Eversheds' International Tax e-briefing

Restrictions on interest deductibility from next year: consultation published

Appleby lawyers to attend STEP Global Congress

Gavin Ferguson, the Managing Partner and Private Client and Trusts Group Head at Appleby’s Guernsey office, will be attending the STEP Global Congress.

Ex-Schroders Trader Jailed For Two Years Over Insider Dealing

Mr Clarke worked for Schroders Investment Management from August 2000 until January 2013, initially as an assistant fund manager and then from 2006 as an equities trader.

Ex-UBS Salesman Must Pay $42,100 After Suing for $1 Million

Instead, the court decided on Tuesday he should pay UBS for not honoring the three-month notice period in his contract.

Goldman Sachs dealmakers lavished Libyan officials with prostitutes to win contract, London High Court hears

Goldman Sachs paid for prostitutes and lavish parties in an attempt to win business from the Libyan Investment Authority

Business is Booming for Ex-FBI Agent Turned Financial Fraud Buster

This week's arrest of hedge fund manager Murray Huberfeld for an alleged kickback scheme with New York City's correction officers union didn't surprise one particular private eye.

How Guy Hands went from partying with his banker in Barbados to a court battle and humbling defeat

Klein, his host, was just turning 40 and already Citigroup’s star dealmaker and networker, with an enviable global contacts book.

Elliott Management Sues Mossack Fonseca In Effort To Target Argentina

Mossack Fonseca was the legal firm at the center of the Panama Papers scandal.

Ecuador's Correa Leads Campaign to Eliminate Tax Havens

Additionally, the head of state, along with some notable economists and academics, signed a letter issued by Oxfam urging world leaders to eliminate tax havens and financial opacity protecting multinationals.

Bermuda Private Client & Trust Bulletin - Conyers, Dill & Pearman

Bermuda presents a number of benefits for high net worth and ultra high net worth individuals looking to domicile their wealth, as a result the jurisdiction’s Private Client & Trust sector has increased steadily over the years.

Bankers, Not Banks, on Trial in Barclays Libor Case, SFO Says

"The banking industry isn’t on trial, it is a handful of dishonest traders," Hines said on the second day of his closing argument.

HSBC awaits Brazil watchdog ruling on proposed sale of Bradesco

Brazil's central bank has already given the deal a thumbs up.

BSI-1MDB scandal exposes Singapore’s banking flaws

The actions taken by Monetary Authority of Singapore in wake of scandal involving 1MDB and Swiss Bank BSI shows zero tolerance for money laundering, say analysts.

In defence of ‘tax havens’: offshore banking is not the same as dodgy dealing Nigel Green

It all makes for compelling headlines and I’m sure there is more to come.

Middle-market business caught as multinational tax avoidance clampdown takes hold

Many mid-sized businesses will need to be much more proactive in terms of thinking through international tax issues after a new RSM survey revealed that the OECD’s Base Erosion and Profit Shifting (BEPS) Action Plan proposals will impact middle-mark

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