07/22/2012
Diamond’s Exit Fells Last Pillar in U.K.’s Gekko Generation
American Robert Diamond once mocked “Little England” regulators for failing to match his global ambitions.
Comment, Analysis & Research
07/22/2012
Super-rich ‘hiding’ at least $21 trillion
The Price of Offshore Revisited was written by James Henry, a former chief economist at the consultancy McKinsey and commissioned by the Tax Justice Network.
07/19/2012
SAFT ON WEALTH-Imagining a global crash every two years
It just might be time to rethink that global diversification strategy
07/19/2012
LSE in merger talks with Singapore exchange
The London Stock Exchange Group is in talks with the owner of the Singapore exchange about a potential £7.2bn merger.
07/18/2012
Rich to lose half their wealth by 2014
In spite of his doom and gloom about America and the world economy, when pressed Faber did recommend some China REITs.
07/18/2012
The U.K. Is The Real Epicenter Of This Crisis
Yes, the euro will fall in value when Greece and other peripheral countries eventually exit the euro. However this fall will mainly be against the US dollar.
07/18/2012
Libor scandal: Barclays investors attack regulators for 'decapitating’ top team
Institutional investors were responding to claims made by the Financial Services Authority and the Bank of England at the Treasury select committee that the sudden removal of Mr Diamond was in the best interest of shareholders.
07/17/2012
London banks lose old-school ways
Attempts to manipulate Libor, an important interest rate (at which banks can borrow funds from other banks), originated on the trading floors of some of the biggest and oldest banks in London, like Barclays, and government officials on both sides of the A
07/17/2012
Investor confidence has weakened further - BofA Merrill Lynch
Investor confidence has weakened further, led by a sharp decline in expectations of corporate profit growth, according to the BofA Merrill Lynch Survey of Fund Managers for July.
07/17/2012
Uncertainty in Europe and indecision in the U.S. will dominate world economy, markets in third quarter - Natixis CEO
Markets will be erratic in the third quarter as policy indecision in the U.S. and a deepening recession in Europe overshadow virtually every aspect of the world economy, said John Hailer of Natixis Global Asset Management (NGAM).
07/17/2012
Is five years of tax amnesties enough? by George Bull
Amnesties are a proven method for closing the compliance gap, collecting outstanding taxes and bringing tax payers into the tax net for the future.
07/17/2012
Private banking's squeezed middle
Echoing their colleagues in investment banking, private bankers in Emerging Europe see the middle segment of their market being squeezed, with only the biggest and the boutiques surviving. That has some casting around for new strategies in the region.
07/16/2012
Banks, the historical and the ethical
The question now must be: how they can be fixed?
07/16/2012
“Standing Still… But Still Standing” - Blackrock
Avoiding Worldwide Recession by Addressing Fiscal Imbalances
07/15/2012
Citigroup CEO Vikram Pandit: It's about getting back to the basics of banking
Vikram Pandit is the quiet man of Wall Street. Or at least he'd like to be. But as chief executive of Citigroup, once the world's biggest bank which fell from grace further and faster than any other major lender in 2008, he can't expect to
07/15/2012
Wealth Management in the Age of the iPad by Phil Banas
It’s easy to be cynical about mobility in wealth management.
07/15/2012
Someone is slowing the Samba in Sao Paulo by Justin Urquhart Stewart
The exciting tempo that was the growth of the world’s second largest developing economy has been showing some serious signs of faltering.
07/12/2012
Practical tweak gives certainty to new tax residence rules by Sue Moore
The Treasury has issued the summary of responses to the consultation document on the statutory residence test (SRT) and they have listened to the comments.
07/11/2012
Why Europeans should love banking union
The narrative of stingy Teutons and proud Latins has literary and political merits.
07/11/2012
Buxton: Why I snapped up more Barclays shares when Diamond quit
Schroders’ head of UK equities Richard Buxton bought more Barclays shares the day chief executive Bob Diamond quit, he has revealed.