Morgan Stanley has posted stellar third quarter results, decisively outpacing its rivals with a sharp rise in profits and revenues during a surge in US dealmaking activity. The Wall Street
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A leading City wealth management firm has come under the spotlight for requiring its Dubai trainees to make at least 100 calls a day, as regulators move to tighten restrictions
Proposals to restrict the ability of parents to make unlimited tax-free gifts to their children could render the United Kingdom a difficult environment for wealthy individuals, tax specialists have warned.
Britain’s long-standing position as a haven for wealthy expatriates is experiencing a dramatic shift as evidence mounts of an accelerating exodus of high-net-worth individuals following Labour’s recent tax reforms. The
Financial advisers and wealth management leaders have called upon the Treasury to reconsider its approach to applying inheritance tax (IHT) to pension funds, citing significant concerns over potential delays and
The wealth of American private capital leaders has skyrocketed by more than $56bn in 2024, driven by extraordinary share price performances at industry giants Blackstone, Apollo and KKR. The remarkable
Britain’s largest wealth manager, St James’s Place (SJP), has made the decisive move to terminate its annual extravagant staff gatherings in London and the prestigious spring sports retreat at Scotland’s
Standard Chartered has unveiled plans to secure £200 billion in new assets, capitalising on clients seeking to relocate businesses from China amidst potential tariff threats from president-elect Donald Trump. The
St James’s Place (SJP) has charged its property fund investors over £47 million in fees since freezing withdrawals in October 2023, equating to more than £100,000 daily. The wealth management
A shadowy investment powerhouse has emerged from within the halls of global consulting giant McKinsey, managing a staggering $48 billion exclusively for its current and former partners. McKinsey Investment Office
Britain’s largest wealth manager, St James’s Place (SJP), has announced plans to liquidate £1.84 billion worth of commercial property funds, marking a significant retreat from the real estate sector amidst
A significant exodus of wealthy individuals is underway as non-domiciled residents prepare to leave the UK before April, responding to the recent Budget changes regarding inheritance tax rules. Tax specialists
Leading UK wealth managers have issued stark warnings to Chancellor Rachel Reeves regarding her proposed plan to subject pensions to inheritance tax, describing it as a measure that could severely
UBS has disclosed a net profit of $1.4 billion for the third quarter, surpassing expectations thanks to its trading division’s better performance amid heightened market volatility and strategic cost-cutting measures.
