
IRS steps up analysis of foreign bank accounts There are rumors that voluntary disclosures made after June 18, when the Swiss Parliament approved the UBS settlement, will not be accepted. The IRS is also moving past UBS and investigating other banks, in other countries. |
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Sarasin’s Strategy Outlook: The end of the beginning Investors understandably remain perplexed by the countless macro risks they hear from central bankers and the financial press, in contrast to the consistent profitability reported by global blue-chips and the comparative confidence of their CEO’s, says the Sarasin Group in its latest forecast. |
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Women control 22 per cent of wealth in the Middle East Need a targeted approach from wealth managers to meet their financial needs, according to a new study by The Boston Consulting Group. research finds a high level of dissatisfaction among wealthy women in the Middle East and a strong perception that the playing field is not even; the opportunity to reach this group has gone largely unnoticed, although the situation is starting to change. |
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Is portfolio aggregation the way to go? Private banking wealth managers are ramping up client reporting in a post-Madoff world. When asked what their top requirement is in regards to client reporting, approximately 40 per cent said that flexibility and customisation is their biggest need. A little over 33 per cent (35.8 per cent) answered that they are seeking better reporting in order to create a user-friendly end-client experience. |
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Rent declines to approve affordability in Dubai and Abu Dhabi Landmark Advisory’s latest quarterly Dubai and Abu Dhabi Real Estate Report identifies that accelerated rent declines are helping to improve affordability in both emirates, and forecasts that declines in residential and office rents will help make the UAE a more attractive place to live and work. |
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