Managers of Wealth Offshore

US indicts Swiss bankers in offshore tax case

Three men who worked for unnamed bank accused of conspiring with US clients to hide more than $420m, says attorney's office

BNP Paribas launches FATCA service for asset managers

Under FATCA, non-US financial institutions will be required to report information about financial accounts held by US taxpayers, or held by foreign entities in which US taxpayers hold a substantial ownership interest.

Ex-Credit Suisse Trader Sues Bank Saying Job Made Him Depressed

Bankers suing their former employers have had a run of legal defeats in London since more than 100 Dresdner Kleinwort workers successfully sued Commerzbank AG for their bonuses in May.

UBS brokers to U.S. clients: Libor isn't our fault

"Many of you have asked me what I will say to clients, prospects, recruits, family and friends who ask about the Libor settlement and its impact on me and WMA," wrote Bob Mulholland, head of wealth management and investment solutions at UBS Weal

Morgan Stanley Wealth Management Launches LGBT Initiative

A new client educational resource - LGBT On Your Terms - is available to help same-sex couples understand the factors that are likely to affect their family's finances and long-term plans.

HKMA says investigating UBS over interbank interest rates

Late last month the Hong Kong Association of Banks said it was considering a series of reforms to the Hibor system, including bringing in a formal code of conduct and reducing the number of rates it publishes.

Banker 'sacked for being too successful’ could be in line for £11 million payout

A banker who claimed that he was dismissed for being “too successful” could be awarded an £11 million payout after winning a five-year battle against his former employer.

FSA bans and fines ex-Gracechurch chief

He has been fined £450,000 for pressure selling small company shares to investors.

Allen & Overy ranked an international superstar of the competition bar by Global Competition Review

Global Competition Review has again included Allen & Overy in the "Global Elite" of 2013

UBS fined £940m for rigging Libor, fraud and paying bribes

UBS Board of Directors authorizes settlements of LIBOR-related claims with US and UK authorities; Swiss regulator to issue order

ABN Amro Has Court Seal Arjav Belgium Diamonds

He said that the company’s dispute is only with ABN Amro.

U.K.'s FSA Sends Libor Notices to UBS Staff

The U.K.'s Financial Services Authority has sent out investigation notifications in the past week to at least five individuals linked to UBS

Serious Fraud Office charges hedge fund founder in revived case

At the time the SFO was filtering out cases which it felt had no reasonable chance of conviction.

U.S. Secret Service Bans Certain Gold and Silver Coins On eBay

Email was sent to affected sellers when the systematic removals began.

Swiss mulls new bill to check black money flow to banks

Statement from the SBA regarding the Taxed Assets Strategy Paper issued by the Swiss Federal Council

More than 30 UBS bankers 'to be implicated in rate rigging'

Authorities are this week expected to say that more than 30 bankers and managers at Swiss banking giant UBS were involved in the alleged rigging of the key Libor interest rate.

LSE cleared by OFT to buy LCH Clearnet

LSEG and LCH.Clearnet confirm that they have received approval from the Portuguese competition authority.

Banker gets insider dealing jail sentence - FSA

Thomas Ammann, a banker who encouraged two girlfriends to buy shares based on privileged information, has been sentenced to two years and eight months' jail for insider dealing, Britain's financial regulator said on Thursday.

Former Wells Fargo banker indicted in insider-trading scheme

A federal indictment unsealed today in U.S. District Court charged nine defendants in Charlotte and elsewhere with insider trading and money laundering, announced Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina.

Private Client/Family Team of the Year: Harbottle & Lewis

Harbottle & Lewis sealed the prize for Private Client/Family Team of the Year after successfully proving to the judges that it has adapted its practice around this rapidly-evolving area of law.