Managers of Wealth

Europe rethinking its rules on government debt to meet new global challenges

During the pandemic, they were put on hold temporarily so that governments could spend more, but they are due to return in 2023.

Stephenson Harwood wins two awards at WealthBriefingAsia Greater China Awards 2022

The firm received these awards in recognition of its performance and innovative approaches over the past year.

Allfunds enters an agreement to acquire Web Financial Group

This technology will complement Allfunds’ already strong digital offering including data & analytics which continue to bring efficiencies to the fund distribution ecosystem.

Ex-Bank of America Bankers Are Among 6 Banned by Fed Over COVID Loan Fraud

Autumn Jordan and Manuel F. Pinazo, who previously worked at Merrill Lynch Wealth Management, were among those who applied for assistance under one of the government’s COVID-19 relief programs "based on false and fraudulent representations and

IMF welcomes Switzerland's forward-looking policy, given global risks

The regular evaluation of the economic and financial situation of its member states, the so-called Article IV Consultation, is a core element of the IMF's surveillance activity.

Credit Suisse: Indecent Proposal

The situation had become increasingly tense between the two institutes.

Fighting history: monetary policy and flattening yields

The war in Ukraine has created a commodity shock that has intensified inflationary pressures, accelerating the need for monetary policy to respond.

Association founded to increase the cyber-resilience of the Swiss financial centre

Cyberincidents that damage the reputation of the Swiss financial centre or that could lead to a severe financial crisis pose an increasing threat.

Prince Andrew, the banker … and a mystery £750,000 ‘wedding gift’

Entrepreneur Selman Turk is being sued by a Turkish millionairess, in a case involving a payment to the Duke of York

Cum-Ex: Extradited tax lawyer is on trial in Germany

The tax attorney has to answer in Bonn for tax evasion.

Skybound Wealth gains direct advice authorisation across the EU

Skybound has operations in Switzerland, the UAE, the US, the UK, and Australia.

Zurich advisor, banks and credit firms amongst 13 additions to Finma warning list

The list includes companies that might be carrying out unauthorised or unsupervised wealth management and banking services, having provided insufficient or falsified information to Finma, leading to inconclusive investigation results.

Are Hong Kong tax incentives for family offices ‘too little, too late’? Some lawmakers think so

It maybe too late as Singapore has offered tax waivers since 2020, lawmaker for accountancy constituency says

Credit Suisse Faces a Menacing AGM

Last year was a turbulent one ending in a loss and there are several items on the agenda released yesterday that could potentially face a great deal of criticism from shareholders.

Finma license for women team and AI wealth managers

Wenzinger Finanz AG from Affoltern am Albis and Zurich-based Smart Wealth have recently received official approval from the Swiss Financial Market Supervisory Authority Finma as asset managers.

Julius Baer is appealing in France

This in connection with large-scale trickery with French VAT

Standardized format released to support reporting on digital platform sellers

The newly released Digital Platform Information (DPI) XML Schema may be used for the reporting and exchange of information under the original scope or the extended scope of the model rules.

Credit Suisse excludes Greensill scandal from directors' exemptions

The bank will not seek to exempt its directors from responsibility for the Greensill Capital scandal, as shareholders call for a special audit into the collapse of its supply chain finance funds linked to the failed firm.

10 measures to expose sanctioned Russian oligarchs’ hidden assets

The Tax Justice Network has in response published a briefing detailing 10 transparency measures that the task forces can take to cut through financial secrecy

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