Managers of Wealth Offshore

The millionaire, the Swiss account, and the secret flight to Syria

Florida businessman Mark Gordon co-founded the call center company Precision Response Corp. in the 1980s and took it public in 1996 before selling it for hundreds of millions of dollars in 2000

Apex Trust Company rebrands as Valla

The name was inspired by Lorenzo Valla who was an Italian humanist, rhetorician and educator from the 15th Century.

Isle of Man Crown Coins Mark 75th Anniversary of the Battle of Britain

The Treasury of the Isle of Man Government have launched two coins which mark the 75th Anniversary of the Battle of Britain, the name given to the Second World War air campaign instigated by the Luftwaffe against the United Kingdom during 1940.

The Love and Envy of Luxury by Toby Birch

I have also learned not to judge clients on appearance; the truly wealthy have nothing to prove and take great delight in under-statement

Praxis and IFM merger receives regulatory approval

THE merger of Guernsey-based Praxis Group and Jersey-based IFM Group to create one of the largest independent and owner-managed financial services groups headquartered in the Channel Islands has been given regulatory approval.

Wealth Structuring 20:20 Publication by Appleby

Wealth Structuring 20:20 is an annual, on-line magazine that aims to tap into the issues facing high net worth individuals around the globe

CIBC sells 19 percent stake in Butterfield

Canadian Imperial Bank of Commerce is selling its $155 million stake in Butterfield, five years after investing in the Bermuda-based banking group.

Private Banking – A Shifting Landscape by Michelle Frett-Mathavious, Harneys

The legacies of the global financial crisis continue to permeate the global landscape. In many ways, that unfortunate period in our history has forged a new era in the way in which we conduct business today.

Transcontinental Trusts Bermuda Forum Held

For the first time in 30 years the Transcontinental Trust Forum was put on outside of Europe and Bermuda has been the recipient

For I Shall Not Pass This Way...

Increasingly, wealthy individuals and large companies are becoming interested in philanthropy.

Minerva London and Onshore Trusts

Whilst many people know that the Minerva Group offers offshore trust and company establishment and administration services they are not always aware of the suite of services that can be provided in the London office.

Swiss banks shut vaults against illicit money

The Swiss Ambassador to Nigeria, Mr Hans-Rudolf Hodel, says depositors are now required to prove they earned the money they intend to deposit in bank accounts in Switzerland

Swiss money laundering reports hit record high in 2014

Switzerland's money laundering office received a record number of suspicious activity reports last year, in part due to increased vigilance from Swiss banks

Citibank Offloads Jamaican Securities

Citibank NA Jamaica says the near two-third compression of earnings last year was due both to lower interest rates on loans and the offloading of some interest-earning assets held by the bank.

The BVI: Stepping Stone To Russia

International finance centres (IFCs) are frequently used to structure Russian inward and outward investment

Elian has become the first fiduciary services business to join the Institute of Customer Service

Elian has joined the Institute on a three-year term as a council member, and was visited by a team from the Institute earlier this year to discuss plans and activity for 2015

Clarien Bank Brings In Sotheby’s Art Expert

There’s an effervescent smile to Courtney Kremers as she exhorts the virtues of Ed Rsucha

Butterfield looks to charter its own course

“Butterfield Bank is remaining independent, and as we stay independent it gives us great flexibility going forward in the areas we want to grow in and invest in,” he said.

Jamaica launches first angel investor network, supported by international partners

First Angels Jamaica, a new Jamaican angel investor network, supported by the Inter-American Development Bank and the World Bank Group, was officially launched on Wednesday in Kingston

Pots of stashed cash in tax havens 'a myth'

The image of people flying into the Cayman Islands with briefcases of cash was a misconception. "People think there is cash stashed in offshore jurisdictions that is not finding its way into the markets somehow. It's a ridiculous proposition bec

Wealth and Asset Management