Managers of Wealth

Offshore law firm announces Management changes post MBO

Legal Group makes sweeping changes to its Board to drive renewed strategy

Julius Baer announces final settlement with the U.S. Department of Justice regarding its legacy U.S. cross-border business

This settlement is the result of Julius Baer’s proactive and long-standing cooperation with the DOJ’s investigation.

Ex-Julius Baer bankers to plead guilty in U.S. in Swiss tax case

Their prospective pleas came after Julius Baer in December disclosed that it had reached a deal with prosecutors to pay $547.25 million to resolve a probe born out of a U.S. crackdown on offshore tax evasion by Americans through Swiss banks.

Private banker Yak Yew Chee withdraws request to release funds frozen in 1MDB probe

Mr Yak, a senior private banker with the local unit of Swiss bank BSI, did not appear at Friday's hearing, but the Straits Times understands he is in Singapore.

Get your passport… cross-border marketing of retail funds in Asia Pacific

As the funds market in Singapore and the wider Asian region has grown, so have the calls for a regulatory framework that will allow retail funds to be marketed more easily across the region's national borders.

Switzerland Says Stolen Data Issue Impacting Tax Cooperation With India

India and Switzerland have been working closely on mutual administrative assistance on tax matters and both sides have expressed their willingness to step up the cooperation.

Greenberg Traurig Confirms Tie-Up Talks With British Firm

Rosenbaum declined to comment further on the potential U.K. tie-up.

Feds Helped Hide Investigation Into HSBC Money Laundering For Drug Cartels

In addition to failing to prosecute clearly criminal behavior that any average American would be imprisoned for committing, from the outset, the DOJ assisted HSBC in keeping its dealings clandestine.

UBS Followed Rules in Hiring Credit Suisse Brokers, Ermotti Says

Credit Suisse said in October that Wells Fargo & Co. would have the inside track on recruiting its staff as the Swiss bank pulled back from wealth management in the U.S.

BCRS Associates members join EY Private Client Services

BCRS, a tax firm, has focused on the needs of high net worth individuals and family offices of individual high net worth and family office clients.

PBOC said to ask lenders to control wealth management funds

China central bank wants lenders to exercise greater control over wealth management funds

Offshore Tax Bulletin - Deloitte

December 2015 and January 2016

SFC publicly censures Goldman Sachs for breaches of the Takeovers Code

Goldman Sachs’ conduct fell far short of the standards expected of a financial advisor under the Takeovers Code in that between 8 November 2013 and 6 January 2014:

Swiss Bankers Said Ready to Plead Guilty in U.S. Tax Case

Two client advisers from Julius Baer Group Ltd. accused of helping Americans evade taxes are expected to plead guilty in New York on Thursday, when the Swiss bank will resolve its own criminal case by agreeing to pay $547 million, according to two people

Legal,Regulation,Tax & Compliance