In fifty years, when historians look back upon the current era of unbridled financial sector influence on American government—unless all historians are by then employed at CitiBankofAmericaChaseOne Institutions of Higher Learning™—Wednesday’s…
Peter Fisher, head of fixed income at BlackRock, finds little reason for the Fed to act, addressing the four rationales under which it might, and…
Telegraph.co.ukUBS's appeal to wealthy helps it shrug off fall in profitTelegraph.co.ukUBS reported strong flows of money into its flagship private bank, underscoring the Swiss bank's appeal as a haven for the world's wealthy and supporting…
Wow! The Department of Justice took an extraordinary step yesterday. It indicted Swiss private bank, Bank Wegelin, for aiding and abetting in US income tax fraud. This is a big deal.
I’ll try to keep this fascinating story brief.
Bank Wege…
My kind of story in the Swiss papers today. I love it when big shot central bankers get their dirty laundry made public.
Kashya, the wife of Phillip Hilldebrand (head of the Swiss National Bank) sold Swiss Francs just a few days before the Swiss Nati…