Among the trove of material released as part of the US government’s Jeffrey Epstein investigation is a stash of Deutsche Bank AG files that shed light on one of global finance’s most private corners.
The ex-Credit Suisse bankers behind Global Infrastructure Partners are best-known for building one of the world’s largest investment firms. Now they’re also forging something else: family offices.
Family offices are striking US deals on everything from crypto firms to granola, splashing out on a range of assets even as some investors shy away over geopolitical and economic concerns.
YZi Labs, which manages money for Binance’s Chinese-Canadian co-founder Changpeng Zhao, said last week it had invested in crypto custody firm BitGo Holdings Inc.’s initial public offering in the US on Friday. Photographer: Michael Nagle/Bloomberg
A private equity veteran who joined a former Goldman Sachs Group Inc. executive’s wealth firm to lead a strategy shift away from public markets has left in the latest shake-up of its senior management.
Benson Li exited Sackville Capital last month, according to UK registry filings. Photographer: Maya Anwar/Bloomberg
Tech billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes all recently left the UK because of higher taxes. Now, Britain’s finance minister is quietly trying to put a halt to the wealth and brain drain.
The UK government is expecting a bigger windfall from major reforms to a preferential tax system for wealthy residents, despite a growing number of ultra-rich individuals relocating to other territories.
Pedestrians in the Westminster district of London.
The UK government is expecting a bigger windfall from major reforms to a preferential tax system for wealthy residents, despite a growing number of ultra-rich individuals relocating to other territories.
Pedestrians in the Westminster district of London.
A group of UK lawmakers is calling for Prime Minister Keir Starmer to introduce a new visa to help attract wealthy foreigners as well-heeled residents continue to flee the nation amid tax hikes.
A patriarch for one of Asia’s biggest finance fortunes is joining other members of the global elite in bolstering artificial intelligence investments, defying fears of a bubble.
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