09/25/2012
European banks have admitted they have a cost problem, and must now show skeptical investors they are doing all they can to lead a profitable life without the crutch of bloated jobs, bonuses and business lines.
09/24/2012
Regulators should embrace historic principles of banking to prevent new financial failures, according to a report from the Adam Smith Institute.
09/24/2012
They’re tired of losing money so now is the time for specialised money management, argues the Asia chief of ABN Amro’s private bank, Hugues Delcourt.
09/24/2012
Beware the fashion fads.
09/24/2012
Barclays has revealed its monthly flagship Wealth and Investment Management research dedicated to providing investment advice and recommendation to investors across the region.
09/24/2012
You sense that investors are watching but are not doing.
09/23/2012
“Don’t you think,” asked Kitto in the August edition of Britain’s Prospect, “with all the growth and infrastructure, the material wealth, let alone saving the world like some kind of financial whiz James Bond, that China woul
09/23/2012
There is a certain group in society that would like this "hang-your-heads-in-shame" chapter to continue forever.
09/20/2012
In his first live TV interview the Governor of the Bank of England Sir Mervyn King tells Jon Snow several banks have been involved in the Libor rates scandal and that he did not fire Barclays boss Bob Diamond. .
09/20/2012
High-net-worth individuals are seeking to buy gold to protect their wealth
09/19/2012
So it will come as no surprise that the Gnomes of Zurich were serious when they recently sent a questionnaire to 22 of the richest crooks and liars in Russia, asking them for their assessment of the prospects for Russian wealth management — and prin
09/19/2012
At the same time, the numbers of UK buyers in the Paris region has remained stable at around 2% of all transactions, according to data from BNP Paribas, whilst for France overall, the percentage of UK buyers dropped slightly from 11% to 9%.
09/19/2012
The reaction of Treasury prices to the US Federal Reserve’s (Fed) latest round of quantitative easing (QE3) shows that investors are concerned that its open-ended programme will trigger higher inflation. This has also been reflected in the rising pr
09/19/2012
The hedge fund industry is going through tough times. The average hedge fund manager has been unable to beat the market for the last 20 months.
09/18/2012
Ex-Adam & Co chairman Ray Entwistle is considering launching his new UK private bank with backing from a foreign institution and has said that a potential strategy to acquire investment management businesses could be put on ice.
09/18/2012
Bankers who fail to come up to scratch should be "struck off" in a similar way to poorly-performing doctors, a consumer group has urged.
09/18/2012
HMRC and HM Treasury (HMT) announced last week that, as a result of greater scrutiny of the tax affairs of taxpayers in HMRC’s High Net Worth Unit (HNWU) which was set up three years ago
09/17/2012
Bankers and businessmen leave their sense of right and wrong at home when they go to work, according to the leader of the Roman Catholic Church in England and Wales.
09/17/2012
The rundown takes into account wage levels around the world, and is based on living expenses such as food, rent, clothing, electronics, and services like haircuts and phone charges.
09/16/2012
Without a promise of tax-avoiding confidentiality, the Swiss banks will need to "concentrate on excellence"