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Honesty is the best policy when it comes to offshore bank accounts

By |2014-09-01T14:46:14+02:00September 1st, 2014|Banking, International, Offshore, Private banking, Wealth management|

Source: The Globe and Mail An offshore account may seem like an intimidating prospect, and one that could lead to trouble if it isn’t done right. But experts say that as long as you follow the appropriate reporting rules set out by the Canada Revenue Agency, offshore bank accounts can be a practical and, in [...]

47 countries sign the deal to clamp down bank secrecy

By |2014-07-11T10:59:41+02:00May 6th, 2014|Banking, Corporate banking, International, Offshore, Private banking, Savings, Wealth management|

Source: Reuters * Switzerland, Singapore agree to share bank information * OECD hails “end” of use of bank secrecy for tax evasion * 47 countries sign the deal, some will implement it from 2017 (Adds 2017 target, detail) By Leigh Thomas PARIS, May 6 (Reuters) – Switzerland and Singapore joined on Tuesday the growing ranks of [...]

Why bank internationally?

By |2014-07-16T10:52:07+02:00February 28th, 2014|Banking, International, Offshore, Payments, Private banking, Savings, Wealth management|

Using local banking is fine for the person who never leaves his home country, and when bank environment is stable,safe and modern. Usually people opt for banking outside of the home country if they do not feel their savings are safe (not stable banking system or economic situation) they are not happy with a local [...]

INTERVIEW: “Mr X”, An UHNW Client, Shares His Wealth Management Experiences

By |2014-07-11T11:41:08+02:00February 17th, 2014|Banking, International, Private banking, Wealth management|

Wendy Spires Head of Research in London 15 May 2013 This case study forms part of WealthBriefing’s latest research report, The New Normal: Codifying Superior Client Experience In Wealth Management, which was produced in association with Barclays Wealth and Investment Management and will launch on 15 May. To mark the launch, a webcast featuring senior [...]