12/29/2015
If governments around the world who have been helped by Hervé Falciani will not protect him, they would make themselves guilty of wilful blindness or of looking the other way while a whistleblower is legally crucified.
12/24/2015
Intertrust sells Cayman banking activities
The transaction will have no effect on Intertrust`s profitability going forward.
12/24/2015
Safra, Coutts Boost Swiss Bank Program Fines Near $1 Billion
The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.
12/24/2015
Another Swiss private bank reaches resolution under Swiss Bank Program
The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.
12/24/2015
AND THE WINNER WAS... (and Hitler’s Ball) by Justin Urquhart Stewart
This article represents a personal and light-hearted view from 7IM, and is based on current financial news and events around the world.
12/24/2015
Top financial reads for the Christmas holidays by Penny Lovell
“A room without books is like a body without a soul.” - Marcus Tullius Cicero
12/22/2015
West Indies become hot spot for rich foreigners to invest and gain passports
12/21/2015
In the age of gentlemen bankers, suitcases stuffed with US$100 bills were accepted without question
12/21/2015
Chinese firm gives up on Kleinwort Benson bid
Instead Fosun will focus on completing the acquisition of German private bank Hauck & Aufhäuser in a €210 million deal.
12/20/2015
The Cayman Islands may offer sleek Ferrari style products but the BVI has packed on some muscle recently and, like the Mustang GT in this YouTube clip, is giving Cayman some competition.
12/20/2015
In the investment world every day is different. Yes, some aspects may seem repetitive but every day, every year, we learn new things. It’s like cooking: the raw materials and the recipes might look the same, but each restaurant is different from the
12/20/2015
“Christmas at my house is always at least six or seven times more pleasant than anywhere else. We start drinking early. And while everyone else is seeing only one Santa Claus, we'll be seeing six or seven.' - W.C. Fields.
12/20/2015
The move to reduce the private bank comes after Stuart Gulliver, chief executive of HSBC, unveiled plans in the summer to help simplify the global group and focus on core markets, including Asia.
12/18/2015
I am sure that during the past quarter you have experienced, or at least, heard of Malta’s varied activity
12/18/2015
Colleagues are encouraged instead to go for low-key lunches or dinners within their teams.
12/17/2015
Bear buys private bank in Luxembourg
This transaction will significantly strengthen Julius Baer's position in the Luxembourg financial centre.
12/17/2015
Releases names of more than 2,600 holders of accounts that have lain dormant for at least 60 years
12/17/2015
There is considerable interest to tap into the increased consumer spending in Asian economies, as the rising salaries of the region’s growing middle class are expected to further drive demand for consumer products.
12/16/2015
Challenging relationships by Penny Lovell
The report states that High Net Worth respondents have been working with their wealth management firm for 13.6 years on average.
12/16/2015
Here's a review of recent news and upcoming events from Guernsey's international finance centre.