Citywealth - General Articles Articles
10 Feb 2010
Citywealth recommended reading: The Economic Ascent of the Hotel Business
Hotels are often a rich persons hobby (or folly). The Economic Ascent of the Hotel Business is required reading for anyone owning hotels or working within them. It has eye opening statistics on you/your competitors, market share, how brands got where they did and also who's brands are slipping. The book should be read once, then used as a reference guide. Read more...
10 Feb 2010
GTBank will sponsor British-born Nigerian Shonibare’s scale replica of Nelson’s ship, HMS Victory, encased in a giant glass bottle
Shonibare, born in London before moving to Lagos when he was three-years-old, is represented in London by Stephen Friedman Gallery – which appointed College Hill. Read more...
10 Feb 2010
On the Brink: Inside the Race to Stop the Collapse of the Global Financial System by Hank Paulson
With so many economic decisions to be made there were obvious political implications to the crisis. Paulson discloses conversations with the key political figures including President Obama, John McCain, Sarah Palin and Speaker of the House Nancy Pelosi. Also described are conversations with Chancellor of the Exchequer, Alistair Darling, particularly in relation to Barclays attempt to buy Lehman Brothers shortly before the bank’s collapse. Read more...
27 Nov 2009
Bonuses and bankers. An article by Sharokh Koussari a Partner at Howard Kennedy
The media and politicians have been concentrating their attacks on the amount of supposedly extortionate bonuses awarded to how many bankers. However, the reality is that many bankers have not been given any bonus at all. This is despite their good performance and others are not happy with the amount of bonus awarded to them any very senior investment bankers are being dismissed with relatively derisory payouts and in a depressed market having not been paid their bonus. Read more...
17 Nov 2009
Isle of Man and the UK VAT agreement renegotiation
The Treasury commented on the agreement. “The IOM didn't have their own VAT revenue raising mechanism and it wasn't worth their while creating one so the UK govt had a historic VAT sharing agreement in place. If IOM raised VAT, the UK would collect it and the IOM, would in return get their share of the VAT payments.” One source suggested that the IOM VAT payments had amounted to more than was expected and after investigation it was agreed between IOM and the UK treasury that the agreement terms should be renegotiated. Read more...
06 Nov 2009
LDC: Lloyds TSB Development Capital helping China
LDC has recently opened in Hong Kong to explore opportunities in China through Asian supply chains. and have already invested $30mn into a Chinese fund. Read more...
03 Nov 2009
Citywealth Mediakit
Citywealth was founded in 2005. Our aim is to bring together the diverse groups involved in thebusiness of advising the UHNW and HNW community. Citywealth’s readership is the senior management of the organisations it goes to. For example, it goes topartners in law forms and accountancy firms, directors and above in banks, directors of trust companies. It is also read by uhnw individuals. Read more...
02 Oct 2009
Hypnosis increasing Performance
“At one time hypnosis was never mentioned in companies and the few that did use it covered it up by using another name or just kept it under wraps. However, for the first time beginning last year as the recession started to bite hard, numerous banking corporations, companies and even solicitors began contacting me feeling hypnosis could play a major part in helping them and their employees during this highly stressful period. My response was that hypnosis has over a two hundred year history of academic research and is, by far, the most powerful consistently proven therapy on the market.” Read more...
29 Sep 2009
Family feature: Love and Hate, two sides of the same coin by Simon Bruce
“Love is not breathlessness, it is not excitement, it is not the promulgation of promises of eternal passion. That is just being in love which any of us can convince ourselves we are. Love itself is what is left over when being in love has burned away, and this is both an art and a fortunate accident. Your mother and I had it, we had roots that grew towards each other underground, and when all the pretty blossom had fallen from our branches we found that we were one tree and not two”. Read more...
18 Sep 2009
Isle of Man special: Crossing the t’s and dotting the i’s on super yacht and private jet ownership
Conference at Barclays Wealth, Canary Wharf Read more...
