London-based wealth management consultancy Scorpio Partnership has released data on private banking assets as at the last year end. Here are the Top 10 banks:
And the winner of the Joslin Rowe-sponsored Here Is The City World Cup-style 'Smartest Firm' Poll is.....................
The Times 'City Diary' has apparently heard rumours that Icap boss Michael Spencer is thinking of taking a majority stake in Championship soccer club Ipswich Town.
Lawyers for Roger Duronio, the former UBS IT man accused of planting a 'logic bomb' in part of the bank's IT network which caused millions of dollars to try and put right, tried a number of avenues last week to suggest that their man was innocent.
A spokesperson from Goldman Sachs has denied a story in The Business, which claims that there is a dog fight between senior executives who work for the firm in Europe.
Rumours are circulating that there's just not enough money in the kitty to cover former Enron boss Jeffrey Skilling's legal fees.
BNP Paribas has confirmed that it is acquiring full ownership of New York-based fixed income fund manager Fischer Francis Trees & Watts. The firm has around $38bn under management. Deal terms have not been disclosed.
It's been hot over in Europe during the last few days, and, predicably in London, there have been plenty of moans and groans about the heat on the underground train system. Commuters on the Central Line were said to be sweltering in temperatures of 97.5F Tuesday, and many passengers are saying that trains should have air conditioning, and that London Underground should provide free water on hot days. Some says that we treat animals better.
After all the bad news contained in our lead story, we thought you'd appreciate some light relief. Please use our link below (not the link at the end of the video clip) to e-mail a friend.