Rothschild Bank joins US Swiss bank programme 04/06/2015 Rothschild Bank AG and Banca Credinvest have joined the Justice Department's list of Swiss banks seeking to avoid criminal charges in the US, the latest Swiss-based banks to accept fines in exchange for freedom from criminal prosecution.
Swiss asset managers 'in danger of breaching new regulations' 27/04/2015 Boutique alternative fund management firm Managing Partners Limited has launched a new service to help Swiss asset management firms meet new rules introduced by regulator FINMA. MPL believes thousands of these firms are struggling to cope and may already be breaching the rules.
Wealth Management reacts to yesterday's Budget 19/03/2015 The Chancellor of the Exchequer, George Osborne, announced ahead of yesterday’s (18/03/2015) Budget that there would be “no gimmicks and no giveaways”. Nevertheless his final announcement before the election featured several surprise strategies aimed at getting Britain “out of the red and into the black” by 2019. Amongst these were a crackdown on tax evasion, an extension of pension freedoms and another increase in the bank levy. thewealthnet has taken a look at of some of the key responses from the wealth management sector.