The UK's tax authority last year created a new group to examine what are called Family Investment Companies, which come with a specific tax status. HMRC is seeking to ensure that these entities aren't being misused.
The organisation released a new White Paper mapping out a series of trends and challenges for the global wealth management sector over the next year and further in the future.
CEO of ING since 2013, the new chief executive at Switzerland's top bank has been associated with big restructuring at a Dutch lender, with a strong focus on digital technology. UBS is a different animal in some ways. Ralph Hamers has big boots to fill when Sergio Ermotti departs later in 2019.
Lugano, Switzerland-born Sergio Ermotti is standing down after a decade at the world's largest wealth manager. He has been instrumental in reshaping the bank after what had been a testing period. The new CEO comes from ING, the Dutch group.
The Caribbean jurisdiction is no longer on a list of places deemed not fully co-operative about tax matters. Getting off the list will be a boost as The Bahamas continues to recover from last autumn's devastating hurricane.
The bank is cutting up to about 35,000 jobs across affected businesses over the next two years. Global private banking will enter a new wealth and personal banking arm as part of restructuring, cutting from four divisions to three. The lender is slashing exposures at its investment banking businesses in Europe and the US.
Six out of the top-10 holdings of the renowned investor are in banks, with several of them players in the private banking and wealth sector in the US and wider world. ...
The UK's tax authority last year created a new group to examine what are called Family Investment Companies, which come with a specific tax status. HMRC is seeking to ensure that these entities aren't being misu...
The question being batted around is whether this is contained to a first quarter hit or whether markets and profits will falter longer term from the coronavirus, now on the brink of becoming a pandemic as cases ...
The latest senior moves in wealth management from around Europe. ...
The specialist investment advisor to more vulnerable clients marks its second JV in a week, partnering with an affinity law firm serving personal injury cases. ...
This news service spoke to a number of senior figures in the wealth management industry who had spoken at an Edinburgh conference focused on women in enterprise. It was a chance to cut through some cliches about...
This publication was the exclusive media partner at last month's annual STEP conference for the Switzerland and Liechtenstein industry. The event, held in Interlaken, ranged over topics such as new regulations o...
We continue our regular discussions of issues in and around the world's wealth management industry. ...
As if negative interest rates, viruses and economic wobbles weren't enough, Switzerland has to deal with a blow to its image for neutrality amid revelations about another spying affair - rather different to the ...
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A recent report said families should significantly boost exposure to the venture capital asset class. So what do the actual numbers tell us about how deeply involved European single family offices are? Highworth...