UK had deep drop in rich people shifting jurisdiction after non-dom abolition played out
Contenders Streeting and Burnham have both hinted at tax reforms
In this edition: The €1bn Ponzi scheme which rocked France; what football and finance have in common; the power of Christopher Anderson’s pictures; downsides to tax moves; Monaco’s many faces; London’s priciest sushi menu
Former advisers preparing legal action over claims St James’s Place failed to pay compensation after taking their business
Chinese territory enjoys surge of investment from mainland as wealthy spread assets across different jurisdictions
Relocating to a low-tax jurisdiction often involves unforeseen legal, emotional and social costs
Regulator tries to strengthen city-state’s position as wealth hub after money-laundering cases lengthened waiting times
Doug King has found a new arena for risk — English football club Coventry City
The principality has become younger, safer, richer — and far less boring
Gérard Lhéritier lured investors by selling shares in literary treasures. When suspicions grew, he was exposed as the architect of a massive fraud
Short business school programmes are helping scions prepare, moving into territory dominated by banks and advisers
Companies House proposals help drive surge in private unlimited companies needing fewer disclosure requirements
Disparate pricing raises prospect of investors earning unequal returns in the same deal on the basis of who their banker is
US tariffs and Iran war cited among motivations for the rich to spread risk
Patrick Drahi-owned auction house contends with heavy debt burden in shrinking market
Revised goals involve net revenue and value of assets clients entrust to bank as business has lagged Wall Street peers
The rich are increasingly relying on financial advisers to get them out of harm’s way during the Iran war
The secret to sustaining generational wealth isn’t financial wizardry but long-term character
To make sure you avoid the traps, time your arrival and restructure your trusts
A firm should think carefully about which risks are worthwhile and tolerable to their clients
Expansion comes despite increased scrutiny of flows from China after high-profile money-laundering scandals
Large advisers seek to win clients away from competitors that are slower to respond to tech disruption
Digital currencies add new dimension to old problem of dividing up finances when couples split
From luddite businesses to those that rely on workers who’ve lost their jobs, the new technology spares no one
St James’s Place leads declines with double-digit slide on FTSE 100
