Managers of Wealth Offshore

German authorities probe Coutts over Swiss tax evasion allegations

The private bank's parent company, Royal Bank of Scotland, said the inquiry was focussed on its Swiss operation, including current and former employees.

Stable 2014 for Jersey’s finance industry as funds industry reaches record levels

The latest figures for all sectors of Jersey’s finance industry reflect an overall good performance, with the funds sector once again leading the way and recording its fourth consecutive quarter of growth to reach its highest level in seven years.

Positive News for the Island's Maritime Sector

Recently a number of Isle of Man flagged yachts were lost from the Ship Register because Spain would not recognise the Isle of Man as an EU flag and therefore prevented the Isle of Man flagged yachts from undertaking commercial charters starting and finis

Cayman Finance hosts successful New York event

This event brought together over 160 attendees, 100 of those being key business contacts and partners from leading New York firms and institutions, along with Cayman Islands Government officials and Cayman Islands financial services industry representativ

Cayman Islands: Scotiabank to close local branch

The airport Foster’s operation, one of four local Scotiabank branches, employs 10 people, out of a total of 143 in Cayman.

France Will Hand Over HSBC Tax Data to Austria Within Days

France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings Plc which has admitted failings in compliance at its Swiss private bank

HSBC CEO Says Swiss Tax Saga Was Product of a Different Era

HSBC Holdings Plc Chief Executive Officer Stuart Gulliver told U.K. lawmakers the scandal over the role the company’s Swiss private banking unit played in helping clients dodge taxes was the product of a different era

Swiss-based global private banking group to expand business in Bermuda

The Swiss-based global private banking group operates from 30 locations worldwide, including the Bahamas and Cayman, and has around 2000 employees.

Strong uptake in private placement as Jersey funds industry reaches seven year high

A strong performance in Jersey’s funds sector in 2014 has seen the value of fund assets administered in the jurisdiction increase by almost one fifth year-on-year to reach the highest level in seven years.

Rachel recognised with Gold award from Close

Close Finance’s Rachel Scott Renouf has won a gold award in the Group’s inaugural Recognition Awards.

Isle of Man Budget at a glance

The 'tax cap', maximum individual income tax liability, to be increased from £120,000 to £125,000 for new entrants to the scheme. Mr Teare said the scheme would generate a direct economic benefit in the region of £125m over the

Bermuda links to Swiss HSBC accounts

More than $609 million in Bermuda-linked money was found in leaked documents about HSBC’s controversial Swiss private bank

Marshalls to create one-stop shop for businesses

This is part of the Office of Investment and Commerce or OCI’s initiative for establishing a “one-stop shop” for potential businesses.

Elian Recognised In EprivateClient's 25 Most Admirable Companies List

Elian has been included for the first time in eprivateclient’s ‘25 Most Admired Companies’ in the UK list for 2015.

The British Virgin Islands draws in corporate business from afar

The British Virgin Islands is one of the world’s leading financial hubs, but its government is still looking ahead, hoping to build upon the successes of recent years

CIBC FirstCaribbean Private Wealth Management Office Opens in Nassau

It was attended by clients and members of the public and private sectors, including The Hon. Michael Halkitis, Minister of State for Finance and Christina Rolle, Executive Director Securities Commission.

RBC Wealth Management Recognised Again for Private Banking Services

The business in Jersey was also recognised as the best among its peers in four further categories

Guernsey bank deposits grow for second consecutive quarter

The increase is the second consecutive quarterly rise and figures from the Guernsey Financial Services Commission (GFSC) show that the total value of Guernsey bank deposits reached £83.7 billion at the end of December 2014.

Financial Freedom Fighter by Toby Birch

For many years I was a mainstream investment manager; believing in the omniscient wisdom of central bankers. Once the scales had fallen from my eyes after yet more manipulation I realised that I had to do something about the charade.

Passport to overseas success

As some areas of the Middle East lurch deeper into political tumult, wealth managers, law firms and financial brokers are earning big money as they advise on and manage the wealth of Arabs seeking citizenship in other countries through investment programm

Wealth and Asset Management