Managers of Wealth

UBS Financial Services Accused of Trust Fraud

The suit says that UBS breached its fiduciary duty to the beneficiaries by mismanaging the trust’s assets.

‘Absurd’ Mifid II bombshell could hit investment trust demand

The news that under MiFID II, the European Securities and Markets Authority intends to bring in additional requirements for the distribution of closed-end funds to retail investors, has been met with anger.

Dentons to Merge With Dacheng of China to Create World’s Largest Law Firm

The multinational law firm Dentons announced on Tuesday that it would merge with the Dacheng Law Offices of China, creating a firm with the world’s largest number of lawyers.

BNY Mellon May Face Bribery Charges Over Sovereign Wealth Funds: Filing

A case from the SEC would be the first to come from a long-running investigation into banks' dealings with sovereign wealth funds.

Fourth European Money Laundering Directive Published - Collas-Crill

Publicly available ultimate beneficial ownership registers appear to have been restricted to 'taxable' trusts in the EU's Fourth Money Laundering Directive.

New York billionaire sues Canadian designer for defamation amid Bahamas feud

Some environmental groups and residents have said the expansion may damage the surrounding ecosystem and beaches.

Spotlight: Chinese premier's Switzerland trip further develops bilateral ties, cooperation

Chinese Premier Li Keqiang's presence at the annual meeting of the World Economic Forum and visit to Switzerland further promoted bilateral ties to a new level, and injected new conceptions into the cooperation.

Switzerland promises cooperation to India on tax matters

Switzerland on Wednesday assured India of full cooperation on tax information exchange and agreed to discuss the issue of black money stashed in Swiss banks.

China, Switzerland to Sign Agreement on Zurich RMB Offshore Hub

The financial agreement is set to bestow upon Switzerland a target of 50 billion yuan

Searching Black money is like peeling onion

The issue of Indians hoarding black money in Swiss Bank and in other tax havens has been a political issue for so many years.

China, Switzerland sign deal on yuan trading in Zurich

The deal was concluded during the visit of Chinese Prime Minister Li Keqiang to the World Economic Forum in Davos.

Governance lessons from Pope Francis

There is also the reality that even those Cardinals and bishops with good intentions do not have the earthly skills of managing money

Morgan Stanley Sets New Goals Amid Wealth Management Turnaround, Trading Woes

Morgan Stanley CEO James Gorman hit important milestones in 2014, including a 20% pre-tax margin for the bank’s wealth management division, which accomplish many of the targets he initially laid out when taking the reins of the bank in the years aft

Liz Field, CEO of the Wealth Management Association comments on US and UK cyber games

As the British Prime Minister David Cameron and US President Barack Obama meet to discuss the growing threat of cyber crime and the increasing risk to business, Liz Field, CEO of the Wealth Management Association, the trade body whose members manage &

Legal,Regulation,Tax & Compliance