Managers of Wealth

Federal Reserve issues FOMC statement

The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate.

Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes

They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime.

FSCS declares Staffs wealth manager as failed

The FSCS declared Pro-Synergy Wealth & Tax Management Ltd as in default this week after a first claim was uphedl

Collas Crill advises on the acquisition of Brooks Macdonald Asset Management (International) Ltd

The acquisition is expected to complete by 31 March 2025, subject to regulatory approval and customary closing conditions.

Why Switzerland remains a leading European jurisdiction for foreign companies

These new settlements demonstrate continued international confidence in Switzerland’s business environment—and this confidence is well-placed.

The first cut is the steepest: the Fed, market expectations and the dollar

The Federal Reserve has made its first interest rate cut since the pandemic, reducing rates by 50 basis points (bps).

Carey Olsen shortlisted for Offshore Firm of the Year at The Lawyer European Awards 2024

This shortlisting reinforces another successful year for the firm

Mirabaud & Cie SA seriously violated financial market law

The appeal has now been dismissed by the Federal Supreme Court.

Swiss Banks Charge Hefty Transfer Fees

For foreign securities, the cost has dropped from 120 francs to 95 francs over the same period.

PIMCO European Central Bank Reaction: On a quarterly cutting journey

The September rate cut, the second this year after June, reaffirms the ECB’s projection of hitting the inflation target by the fourth quarter of 2025.

IQ-EQ adds trust services in Cayman Islands

IQ-EQ has three client segments — fund and asset managers; private and institutional asset owners; and debt, capital markets and corporate.

Two Ogier rising stars recognised as 2024 eprivateclient NextGen Leaders

The annual list by eprivateclient recognises, introduces, and promotes outstanding professionals and talent based in the UK and UK Crown Dependencies.

UK tax changes could drive wealthy executives overseas, says CVC

Lucas, who has shares in CVC worth about $640 million according to LSEG data, said that he was not concerned about the prospect of staff moving due to any tax changes

BBVA gets green light from U.K’s Prudential Regulation Authority to take indirect control of Banco Sabadell’s British unit TSB

The authorization is one of the conditions to which the purchase offer to Banco Sabadell shareholders is subject and a necessary step to complete it, since TSB would become part of BBVA.

Legal,Regulation,Tax & Compliance