03/04/2015
AfrAsia Bank wins 2015 Best Private Bank in Mauritius Award
The 2015 Euromoney Private Banking Survey has awarded AfrAsia Bank, several accolades for private banking services, the most prominent being Best Private Bank in Mauritius 2015
03/03/2015
UBS Said to Plan Closing Moscow Representative Office
The overhaul follows a new law implemented in Russia this year that aims to boost transparency on assets abroad and allows the taxation of profits on funds held outside the country.
03/03/2015
Experienced Director To Share Her Journey To The BoardRoom
A NON-executive director on the boards of a number of London Stock Exchange companies is hoping to inspire the next generation of directors.
03/02/2015
Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve.
03/02/2015
Why is the Swiss franc losing its 'safe haven' lustre?
The Swiss currency has only been devalued once since 1850, but it's finding itself adrift in a world awash with debt
02/28/2015
The Forum looked at trends shaping the future of wealth management in Asia, welcoming over 100 CEOs, senior management, and other leading practitioners.
02/28/2015
Its popularity has enabled the BVI to become the dominant global market leader for company incorporations, with over half of the world’s offshore companies domiciled in the BVI and with such companies being widely used throughout the world and in al
02/27/2015
The private bank's parent company, Royal Bank of Scotland, said the inquiry was focussed on its Swiss operation, including current and former employees.
02/27/2015
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.
02/27/2015
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
02/27/2015
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
02/27/2015
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.
02/27/2015
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
02/26/2015
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
02/26/2015
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.
02/24/2015
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.
02/19/2015
Close Finance’s Rachel Scott Renouf has won a gold award in the Group’s inaugural Recognition Awards.
02/19/2015
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
02/17/2015
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
02/16/2015
This is part of the Office of Investment and Commerce or OCI’s initiative for establishing a “one-stop shop” for potential businesses.