Summit Notebook

Bank regulator Walsh has pragmatic philosophy on financial crisis repeat

March 1, 2011

John Walsh has spent many years in Washington — having worked at the Senate Banking Committee, the Treasury Department, and now as  acting Comptroller of the Currency — and has a bit of perspective on government reaction to crises over the years.

High level tourism wins some wealthy fans

October 6, 2010

While wealthy clients remain ultra-cautious about real estate, some are being tempted to snap up trophy properties that promise to throw off a healthy amount of cash.

Fear factor driving gold higher

October 5, 2010

“Gold is not an investment. It doesn’t pay you interest and it doesn’t increase wealth,” complained one investment advisor recently as he perused exploding client demand for the yellow metal.

You can’t avoid the taxman, but there may find a friendlier one in the Alps

October 5, 2010

With the German government hot on the heels of untaxed wealth stashed in Swiss bank accounts, and the U.K. government taking a tougher stance on clawing back bonuses, rich folks will likely head for the hills – or the Alps to be more precise – senior private banking executives said in Geneva. 

How rich is rich?

October 5, 2010

How rich is rich? For most people, the answer is simple: ”not me.” But for private bankers keen to handle the assets of the well-heeled from Moscow to Malibu, that question is a slippery one. Sometimes a simple number won’t do, either.

ABA’s Yingling sees danger in rhetoric: it’s Wall Street, not banks

April 26, 2010

REGULATION-SUMMITEd Yingling, president and CEO of the American Bankers Association, is a little worried about the rhetoric that’s been flying around as Congress tries to produce financial reform legislation.

Thain says put shareholders first

November 18, 2009

John Thain says he put shareholders first and his interests second in deciding to sell Merrill Lynch to Bank of America.

Private banking: you may be worth it

October 5, 2009

Those who tend to avoid posh restaurants in Geneva’s expensive Rue du Rhone district and famed private banks because they believe they are not rich enough may be given a second chance at century-old wealth manager Julius Baer.

Tinkering whilst debt burns

September 29, 2009

What have Liverpool Football Club, French building materials firm Materis and German forklift truck maker Kion got in common?

“Rich, retired and gone”

September 29, 2009

Veteran insolvency expert Nick Hood gave the restructuring summit a sobering reminder of the shortcomings of corporate finance.