Managers of Wealth

Schroders employee one of five arrested in insider dealing probe

Asset management company Schroders said one of its employees was among those arrested in the early morning raids

Fenergo’s FATCA solutions profiled in Datamonitor’s latest research

The financial services industry is facing a dilemma

French Wealth Tax – How does it affect UK citizens?

The location of your primary home is a key issue for deciding if someone is liable to the wealth tax in France.

HMRC plans to tax platform rebates in latest crackdown

A tax on rebates would hit bundled share classes, which are offered by most of the UK's platforms

Barclays Wealth division 'out of control', says secret report

Barclays has moved swiftly to part company with a senior executive after investigators alleged that he shredded a highly critical analysis of the maverick culture and bullying at the bank's one-time flagship Barclays Wealth business.

BRICS countries agreed to cooperate in tax policy areas

BRICS heads of revenue discussed issues of mutual concern in tax administration

Malaysia campaigners tackle Swiss banks

The rainforest advocacy group Bruno Manser Fund (BMF) has filed a complaint to the Swiss attorney general’s office against four banks – UBS, Edmond de Rothschild, Pictet and Deutsche Bank – for their dealings with the Malaysian Taib clan

Hungary to tax offshore wealth, ask for Swiss help

He said the central European country will ask Switzerland first to disclose all data pertaining to bank accounts of Hungarian citizens in Swiss banks.

Foreign Banks Rejoice: Overreaching U.S. Tax Law in Trouble

The penalty of not complying with FATCA will be that the institutions need to impose a 30% tax on non-compliant transfers or payments.

Barclays bankers' Libor anonymity 'implausible'

The suggestion that any 'publication’ through these proceedings would jeopardise an individuals

HMRC doubles team tackling tax avoidance by the wealthy

Exchequer Secretary David Gauke says: ““HMRC set up the new Affluent Team from some of the £917m made available in 2010.

Barclays panel delayed as bank moves away from biennial reviews

Barclays has delayed its panel review planned for this summer by 12 months as the banking giant embarks on a plan to scrap its practice of reassessing law firm rosters on a two-yearly basis.

Axa Wealth reveals RDR advice charges for bancassurance arm

Axa says there is “currently no charge” for ongoing service, though a spokeswoman says this will be kept under review.

The case of Patricia Cornwell’s missing millions

The notoriously private author Patricia Cornwell, a titan of crime fiction, watched in court on Monday as her luxurious lifestyle was laid bare like the resolution to one of her plots.

UK court orders extradition of Credit Suisse exec

Officials at Westminster Magistrates Court said the extradition order was approved Monday, and now goes to Home Secretary Theresa May for final approval.

UK finance job sackings and suspensions at five-year high

The number of financial services staff sacked or suspended in Britain last year

HMRC: taxman increasingly 'snooping' on taxpayers

The taxman is increasingly snooping on the private lives of taxpayers, with officials accessing thousands of pieces of personal information over the past year, it emerged today.

Japan Considers Tax Increases For Wealthy

It is hoped that the spending package will boost Japanese economic growth

Austria To Agree Swiss-Style Tax Deal With Liechtenstein

The bilateral tax accord between Austria and Liechtenstein

Former JP Morgan banker to appeal £450,000 by FSA

Ian Hannam, the former JP Morgan banker, is to appeal his £450,000 fine

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