Category Archives: Uncategorized

When is a threat not a threat?

Angela Knight, head of British Bankers' Association. Reuters/ Ben Beavan Join Discussion

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David and Goliath had an easier time of it in the comparison stakes

On-exchange derivatives contracts are proprietary, unlike shares which have no patent and can be traded by any platform.Past efforts to create new derivatives contracts have often run into the sand as turnover failed to materialise. So far, nobody has a compelling answer to that dilemma. Join Discussion

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Are the days of flying business and 4-star hotels over for biz travelers?

The Travel & Leisure Industry has recently been buoyed by expectations of recovery amid signs that business travel demand is starting to rebound. But will business travelers go back to paying premium prices? Or, will they be sitting in coach like the rest of us? Photo: Reuters/A plane lands at Schiphol airport outside the Dutch Capitol Amsterdam Join Discussion

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Dubai crisis will not spread, says Invesco’s Garnick

Dubai’s financial problems have spooked investors around the world. Moody’s Investors Service didn’t help matters on Wednesday when it said it would review the ratings of  not just of Dubai, but of neighboring emirate Abu Dhabi and the federal government of … Continue reading

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Time private bankers got professional

It's hard to imagine that a banker who represents multimillionaires would be anything but professional - but a top executive at a leading global bank thinks that's precisely the wealth management industry's problem. Join Discussion

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Everyone needs a private banker

Everyone needs a private banker. Full service means exactly that for one speaker at the Reuters Wealth Management Summit. The 'normal' range of extras that wealth managers are offering super-rich clients under the banner Lifestyle Management has expanded as they scramble to keep on board clients whose massive wealth was rendered a little less massive during the financial crisis. Join Discussion

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Private bankers chanting new mantra

Bankers shooting French cuffs in Super 180 suits and obsessed with spread sheets now are seizing on a word redolent of green tea, acupuncture, crystals and the New Age: "holistic". The results have yet to be seen but bankers hope their new mantra and approach will prove to be more than the sum of their parts. Join Discussion

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Private Bank finds synergy in public bar

It is a little known fact that private bank Wegelin, Switzerland’s oldest bank is also active in the bars and restaurants business. Wegelin was forced to launch a hostile takeover on a local bar which had attracted a lot of unruly drinkers near its St. Gallen branch office. Join Discussion

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Swiss brand key to banks’ cache

There is an unmistakeable international cache surrounding Switzerland's financial sector, whose infamy as a hiding place for Nazi gold has given way to Hollywood mystique about secretive numeric codes cracked by Da Vinci Code protagonists and James Bond. Join Discussion

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No-frills travel is on for private bankers

The days of luxury VIP lounges are gone for many private bankers, as the crisis forces them to travel economy to save money. Join Discussion

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