Latino clients take big Stanford hit
Wealthy investors across Latin America are believed to be among the main victims under the $8 billion fraud case which…
ByMonth: March 2009
Top 10 lost $2trn AuM in 2008
The worlds 10 largest wealth managers lost $2.19 trillion in assets under management in 2008, equivalent to a 24.6 percent…
ByHSBC’s breakaway brand
HSBC has launched an ambitious re-branding exercise, taking advantage of its global scale to put clear water between itself and…
ByNo endgame despite concessions
Switzerlands decision to ease its banking secrecy rules is unlikely to placate its international counterparts for long, with more political…
ByLevin bill ‘relies on flawed information’
Increasing international pressure on banking secrecy and tax havens is being led by a US assault which has its roots…
BySingapore, HK feel heat from EU
Now, both cities are being forced to fall into line with the global opening up of banking secrecy, and look…
ByNew challenges in the Middle East
The media has had the effect of kicking the credit crisis into every household, according to the head ofLombard Odiers…
ByING repositions in the US
Dutch bancassurer ING is reorganising its businesses in the US By dividing its wealth unit along separate service lines, it…
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