Wire
Switzerland tops new Financial Secrecy Index, Luxembourg threatens
Although Switzerland has taken over from the US at the top of the Financial Secrecy Index, it turns out to be Luxembourg which has most to fear from this year’s publication
Hoare's launch account to help philanthropic giving
In a very modern innovation for a very ancient bank, Hoare's has become the first bank to launch a charitable account to help its clients to give philanthropically
DCMS announces scheme to encourage private giving to arts and heritage
Arts Council England, the Heritage Lottery Fund (HLF) and the Department for Culture, Media and Sport (DCMS) today announced further details of the £100 million Catalyst scheme to boost private giving to the cultural sector and build long-term resilience, sustainability and innovation
Citywire: FSA fines Towry £495,000
FSA has Towry Investment Management £494,900 for providing incorrect information to the FSA and client money failures
Global Financial Centres Index: London still top - just
London remains the most competitive city for business, according to the latest edition of the Global Financial Centres Index 10, but New York and Hong Kong are a whisker away and catching up. But overall results were dubiously optimistic, with 73 of 75 centres improving their rating, including last-place Athens
Christie's luxury property survey shows prices still unrealistic
A survey from Christie's International Real Estate shows that most vendors of luxury property 'are still unrealistic about pricing, but considerably less so than in 2010'
FT: Grübel stepped down over strategy
UBS chief executive Oswald Grübel resigned after the board refused to back his plans to overhaul the bank’s strategy and corporate governance, two people involved in the process said
Indy: Vincent Tchenguiz settles with Kaupthing
The property tycoon Vincent Tchenguiz has settled his £1.5bn dispute with the collapsed Icelandic bank Kaupthing, which has seen him regain control of a string of property assets
WBrief: US investigating 8 offshore banks for tax evasion
Up to eight offshore banks are being investigated by a US federal grand jury for aiding tax evasion, according to details on the Justice Department’s website detailing its actions against such institutions
Letšeng Star, 14th largest diamond, unveiled
Gem Diamonds is delighted to announce the naming and unveiling of the historic 550 carat diamond recovered from the Letšeng mine in Lesotho
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Is it really possible to avoid stamp duty land tax when purchasing land and property?
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A lot has been made recently in the press about buyers of some of the UK’s most expensive homes avoiding stamp duty land tax (SDLT) by purchasing their home through a company.
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