Private Banking in Monaco is still a Unique experience.

The Private Banking industry in Monaco is very much like no other. Every single one of the banks have their employees trained in catering to your every little need.
Transforming your Private Banking experience into one of a friendly visit to a “Bank Spa”…

What of UBS today on July 1st 2009?

Several months ago…UBS got into extreme hot soup when the US government simply brought it to it’s knees and forcing 300 names to be handed over to the US government for criminal activities. UBS was accused of abbeting American HNWI to escape taxes. Had they contravened Swiss Law then? Read more.

The FDIC Insurance Has Been Updated.
Understandably there have been a great number of requests for its clarification.
Frankly, the rewritten rules are really long and may be difficult to decifer. So, I’ve sourced some updates…

The super wealthy donations rise paying out from their own bank accounts?

Charitable donations of the super wealthy has risen significantly despite the recession. In fact, despite losing a sizeable chunk of their assets to the devastated stock markets, they have chosen to give more.

Life insurance often is a financial strategy in one’s private bank wealth management.

In many Swiss Banks, a life insurance is often tuned and catered specifically to protect the clients and also to protect the banking assets in case something like the catastrophic AIG situation ever occured.

Real Estate is still hot in…Chile.

Where? No, not the spicy food. The country on the South Pacific coast in South America. It appears this is a gem of a country with special and popular destinations.

More specifically these are the specialty resort areas in Chile.

Maipo Canyon is a prime international real estate destination.

The Rich and Poor nations are in New York discussing the impact of the economic downturn (2009) for the very first time.

With such a disparity between the richest and poorest – on the opposite ends of the global scale, if you had expected very opposite complaints and claims, you would have been correct.

The Summit was called and organized, but the outcome is still moot – seriously.

Here’s what Laura Trevelyan, UN correspondent, BBC News has to say about the unfolding events…

Banking Money and the Federal Reserve

Banks in common misconception is a store of money. Not true. It is an “institution” that creates money by lending you, the borrower money.

Money is a common denomination that everyone commonly wants as a store of exchange. Unfortunately, when that money is guaranteed or created by an unreliable source, it is worth nothing.

The Federal Reserve or Central Bank is supposed to be the banker to the country or sometimes to the rest of the world because it is very simply, supposedly the most trustworthy. But today, these Reserve Banks have become a very dangerous and apparently controlling entity of our economies world wide…

Thomas Jefferson and Andrew

Private Banking Thoughts

Private Banking Thoughts to muse over. Do you get what bankers should be offering you and taking care of their clients – YOU

Buzzirk Mobile and Zero 1 has combined their unique advantages to create a potent worldwide winning combination.

News of this new emerging mobile giant – Buzzirk Mobile is getting about. Bankers, Wall Street types and even overseas corporate giants have been trying to get a piece of the action. But true to form, Ben Pillani (the Boss Man) was rumoured to have shown them the door.