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Berry offers clients Swiss National Bank deposit facility

Berry founder and chairman Jamie Berry said the facility would be offered to clients through strengthened ties with parent Swiss private bank Bordier.

Iveagh scraps Wealth Fund performance fee

The performance fee on the fund was previously set at 10 per cent of returns above the hurdle rate, which was set at three-month USD Libor.

Debut Issue of Philanthropy Management: Do Entrepreneurs Make Effective Philanthropists?

For these reasons, Philanthropy Management suggests that wealth consultants and other advisors manage the expectations of entrepreneurs who are making their first serious forays into philanthropy.

BNP's Prot denies bank assisted tax evaders

Reading heavily from notes, Prot - who for more than a decade helped oversee BNP's expansion into a sprawling but very euro zone-focused banking giant - played down the bank's presence in tax havens during a grilling from a Senate committee on t

Hargreaves Lansdown defies volatile markets

Hargreaves Lansdown, the quoted financial adviser, reported a £2.6bn rise in assets under administration to a record £26bn in the three months to the end of March as investor confidence rose slightly despite volatile markets.

Wealth management group increases discretionary funds to £3.5bn

As at 31 March, wealth management group Brooks MacDonald’s discretionary funds under management stood at £3.5bn, a significant increase over the first three months of the year haven risen from £3.2bn at the end of 2011.

Banks plot to sue EU over bonuses

Banks have hired lawyers to look into suing the EU if Brussels imposes new restrictions on bonuses that they say would wreck their businesses, City A.M. has learned.

Barclays pay row lifts the lid on bank's closed culture

Bob Diamond's tax bill is just the tip of the remuneration problems facing Barclays.

Europe's old wealth seeks new home in Asia

These days, that Italian clan and other ultra-affluent families are moving assets to Singapore by setting up family offices in a city-state often touted as the Switzerland of Asia.

Former Spurs player sets up financial firm‎

HE made his name in Britain as a central defender for Tottenham Hotspur at the end of the 1990s.

Duke of Westminster’s Grosvenor Reports Record Earnings in 2011

Grosvenor Group Ltd., the property company owned by the Duke of Westminster’s family trusts, said earnings before items rose to a record last year as it increased rental income and cut expenses.

Estate of the art

According to the Mei Moses World All Art index, investment grade art grew in value by 10.2 per cent in 2011, outperforming both the S&P 500 and the FTSE All Share total return indexes.

Dutch Bankers Must Take Oath to Put Client First, De Jager Says

The Dutch spent about 30 billion euros ($39 billion) on the 2008 bailout of Fortis’s Dutch units, including its stake in ABN Amro Holding NV.

One fifth of rich want to flee Britain ‎

One in five Britons with more than £250,000 in savings are thinking of living abroad because they are tired of crime, poor weather and the high cost of living, the wealth management arm of Lloyds Banking Group said on Monday.

Societe Generale Private Banking renews golf partnerships

Renewing these partnerships enables Societe Generale Private Banking to offer its private clients the opportunity to play with top-level golfers through an exclusive events programme organised around this sport throughout the world.

Sparkling opening to new year for Fairbairn Private Bank

Fairbairn Private Bank today announced its strongest opening quarter for new business since the financial crisis commenced in 2008.

JO Hambro IM eyes charity expansion with hire

J O Hambro Investment Management has added a new marketing manager to its charity team as it looks to add to the 95-strong list of charities for which it manages money.

Cameron suggests UK charity tax changes may be watered down

Cameron said this week he’s ready to be the first British premier to publish his tax returns, according to a person close to him, as he seeks to defuse accusations that he’ll benefit personally from a cut in the top rate of income tax next yea

Liontrust completes acquisition of Walker Crips

The WCAM name will disappear in the future and the four funds will take on the Liontrust branding.

Wealthy abuse charity donations to cut tax, says No 10

Mr Osborne said on Tuesday he was left shocked by the scale of legal tax avoidance by multi-millionaires.

Wealth and Asset Management