Family office sets up shop in Monaco
Firm will offer a range of private wealth services
Firm will offer a range of private wealth services
It wants to ‘significantly’ expand its offering to clients in Europe, Middle East and Africa
It is already looking to expand to Switzerland, Monaco, Dubai and Singapore
Financier, industrialist and “unassuming northern grammar school boy” is moving to Monaco
Professional services company Equiom has completed two “key” European acquisitions – including a yacht and aviation services specialist.
HSBC Private Bank is to wind down its Monaco business and has signed an agreement to refer its clients to CFM Indosuez Wealth Management.
Swiss wealth manager Julius Baer Group has hired several private bankers from HSBC to bolster the firm’s Latin American business, according to media reports.
Swiss private banking firm J. Safra Sarasin is set to acquire Credit Suisse’s operations in Gibraltar and Monaco, the company has announced.
The EU and Monaco have signed a new agreement which ensures member states will receive the names, addresses, tax identification numbers, and dates of birth of any of their residents with accounts in the principality from 2018.
A financial adviser and a group of film producers who set up an international scheme are facing a trial for fraud.
The chief executive of Julius Baers two entities in Monaco has stepped down in order to fully focus on acquiring and servicing clients for the company.
James Quarmby, partner, private wealth and tax at law firm Stephenson Harwood, takes a look at the unique taxation of five enclaves; isolated land masses caught in the borders of independent nations.