The challenges and rewards of private banking in London

Whilst it may seem that we have only been fascinated with the lives of the rich and famous in fairly recent times, the fact is the ultra wealthy and the institutions that service them have been around for a very long time.

A foot in both camps

There is an enduring perception that the established European domiciles such as Ireland and Luxembourg are in direct competition with the leading offshore domiciles such as Cayman. This perception has transcended reality to the extent that leading participants in both camps deem it necessary to fight their corner.

Healthier euro periphery

In mid-2010 the Greece debt crisis exposed deficiencies of the EU political system and cast a shadow on its Balkan neighbours. The cost of insuring Bulgarian, Romania and Hungarian debt against default rose due to “concerns about possible contagion of problems in the eurozone area”...
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