Private Banking
HMRC targets firms that facilitate tax evasion
It has nine businesses in its sights, as it deploys new powers for the first time
Wealth management hiring spree for Japanese investment bank
Dozens of private bankers to join firm in Hong Kong and Singapore offices
Allianz enters into distribution partnership in Italy
Expanding its investment proposition for financial advisory clients
Lombard Odier sells off Gibraltar private banking operation
It follows the Swiss firm’s global re-positioning that saw it move into Abu Dhabi and Indonesia
Radical shakeup of Swiss private banks needed
Swiss private banks are failing to address rapidly declining profitability and are too focused on defensive measures to implement a radical transformation that will allow them to generate competitive advantage and sustainable growth, says KPMG.