http://www.privatebankoffshore.com The Inside Scoop on Latin American Private Banking Wed, 04 Nov 2009 13:50:49 +0000 http://backend.userland.com/rss092 en Both London city and the US state of Delaware scored highly in an objective ranking of secrecy jurisdictions, confirming what many had expected - the war against tax havens is a farce. [caption id="attachment_206" align="alignleft" width="300" caption="The US State of Delaware Is Home To Many A Tax Free Company"][/caption] Despite calls for ... http://www.privatebankoffshore.com/london-delaware-top-list-of-secretive-tax-havens/ Is it for real? So Singapore private banking has experienced huge growth over the last 10 years or so. With 300Bn  in managed wealth, Singapore is reckoned to manage 5% of worldwide private banking assets. This has much to do with Singapore's strict privacy laws, but also just as much to do ... http://www.privatebankoffshore.com/singapore-private-banking-catching-up-with-swiss-private-banking/ Everyone knows that private banks are supposed to be more ''hush hush'' than your average bank. Private banking outfits in countries with strong bank secrecy like the Cayman Islands, Switzerland and Panama are expected to keep a low profile. But is the private bank really as secretive as it appears? Various ... http://www.privatebankoffshore.com/will-private-offshore-banks-keep-your-account-confidential/ Ever worried about what 2010 holds in store for you? Swiss private banks are feeling the same..according to a survey conducted by Geneve Place Financiere, a body representing Swiss financial firms. [caption id="attachment_182" align="alignnone" width="300" caption="Solitary Swiss banks feel the pain"][/caption] Relaxation of bank secrecy, less enthusiastic European and US investors, and ... http://www.privatebankoffshore.com/are-you-worred-about-the-future-swiss-banks-share-your-pain/ Every savvy investor knows that even the most trusted private bank is prone to plugging its own products. While some private banking clients are happy to take a back seat, more and more are looking to direct their own investments, and take responsibility for risks. This is the message coming ... http://www.privatebankoffshore.com/singapore-private-banking-clients-prefer-%c2%b4%c2%b4self-directed%c2%b4%c2%b4-investment/ Are you better investing with a smaller independent firm, or one of the global organisations like UBS, Citigroup or J.P.Morgan? Before the credit crunch, the big financial institutions lured investors with the strength of their investment banking arms. The idea being - if bankers were clever enough to make billions with ... http://www.privatebankoffshore.com/independent-wealth-manager-or-private-bank-attached-to-a-global-investment-bank/ When the US achieved a degree of success in targeting their own tax evaders with accounts at Swiss private banks, Mexico hoped to do something along the same lines. It may come as a shock to many that the vast majority of foreign deposits by wealthy Mexicans are not stored ... http://www.privatebankoffshore.com/mexico-asks-us-for-offshore-bank-account-data/ Venenzuelan President Hugo Chavez urged private banks to look further afield than the financial sector on state tv this Monday, reports news agency EFE. [caption id="attachment_154" align="alignright" width="150" caption="Chavez Wants To Change Private Banking Attitudes"][/caption] Chavez said he hopes for a private banking blueprint that will allow private banks to work together ... http://www.privatebankoffshore.com/chavez-urges-private-banks-to-broaden-client-base/ The recurrent theme of bank secrecy in Uruguay continues to surface as Presidential elections in the country draw closer. For those with an eye on Uruguay private banking this will prove interesting.. Uruguyan newsportal espectador.com reports left-wing Presidential candidate Jose Mujica indicating that he is open to discuss the future of ... http://www.privatebankoffshore.com/uruguay-bank-secrecy/ [caption id="attachment_130" align="alignright" width="200" caption="Swiss Bank Secrecy Threatened Again - What Are the Alternatives?"][/caption] Swiss and UK authorities added to an existing double taxation treaty on Thursday by agreeing to OECD standards for transparency and information exchange. It is expected that the new treaty, if and when it comes into force, ... http://www.privatebankoffshore.com/uk-and-switzerland-amend-double-taxation-treaty/