05/15/2012

The tax cap is in danger of deterring innovative philanthropists

Meanwhile, a second arm of government – the Treasury – continues to defend its plans to end unlimited tax relief on donations that a growing coalition of philanthropists and charities argue will greatly reduce existing levels of giving. t

05/14/2012

Bankers fight new EU cap on bonuses

Brussels sources indicated that there is a high probability that the resolution will be passed, which would then need to be ratified by the European Commission before becoming law.

05/11/2012

Heartwood’s Lough: FSA has got RDR independence wrong

While the wealth management chief is largely supportive of the regulation’s underlying principles – not least upping professional standards and the removal of trail commission – he says the FSA has got it wrong when it comes to its crite

05/11/2012

Clients not fleeing Swiss banks over tax deals

In the wake of the financial crisis, Switzerland has come under heavy global pressure to weaken its tradition of strict bank secrecy to help cash-strapped governments hunt tax dodgers who have hidden their assets in vaults in Zurich and Geneva.

05/11/2012

IMF Identifies Risks In Swiss Banking Sector

The risk of a real estate bubble is growing, the IMF has reported, with domestic mortgage credit and real estate prices rising, exacerbated by monetary policy pressures, and presenting dangers for exposed domestically-oriented banks and insurance companie

05/10/2012

Rathbone Brothers Reports Rise In Q1 Net Operating Incom

The independent provider of personalized investment and wealth management services stated that net operating income in Investment Management increased 11.8 percent year-over-year during the first quarter to 37.9 million pounds from 33.9 million pounds rep