#private-banking

[ follow ]
US Elections
fromGamintraveler
1 week ago

What Happens When Your Tax Residence Is Nowhere And The Bank Asks Where You Pay

Tax-residence forms ask which jurisdiction can tax worldwide income, and answering “nowhere” can block account opening under CRS rules.
London startup
fromTNW | Finance
2 weeks ago

Revolut launches private banking unit with 500,000 threshold as it targets $200 billion IPO

Revolut will launch UK and European private banking for clients with £500,000+ eligibility, enabled by a UK banking licence and new regulator approvals.
fromenglish.elpais.com
1 month ago

Parents' umbilical cord dilemma: Donate or preserve, even if it may never be used

The probability that frozen tissue will benefit the person who froze it is remote. The chance of developing acute lymphoblastic leukemia, the most common childhood cancer, currently stands at one in 20,000.
Medicine
#mergers--acquisitions
#wealth-management
fromFortune
5 months ago

CEO of $5.6 billion Swiss bank says country is still the 'No. 1 location' for wealth after voters reject a tax on the ultra-rich | Fortune

"In our business wealth management and private banking Switzerland will remain the No. 1 location worldwide,"
Miscellaneous
fromBusiness Insider
6 months ago

Rich people have trillions of dollars they want to give to hedge funds

Private wealth - which refers to money held on platforms run by the private banking divisions of places like Goldman as well as wealth advice giants like Merrill Lynch, independent advisors, and family offices - is eager to invest in hedge funds and has plenty of capital to put to work. Goldman's report estimates that less than $500 billion of the $50.7 trillion of private wealth assets are in hedge funds.
Fundraising
Business intelligence
fromBusiness Insider
8 months ago

I went from MTV star to managing fortunes at Bank of America. It took hustle and a lowly internship to get here.

Kim Stolz transitioned from MTV presenter to Wall Street private client advisor, advising ultrawealthy families after persistent efforts and unconventional entry.
[ Load more ]