Vimeo
LinkedIn
Instagram
Share |

New York

November 5, 2013

US hedge fund SAC Capital has reached an agreement to plead guilty to criminal insider trading charges, in a move that will likely end the trading career of its founder Steve Cohen and potentially see the fund transformed into a family office.

US hedge fund SAC Capital has reached an agreement to plead guilty to criminal insider trading charges, in a move that will likely end the trading career of its founder Steve Cohen and potentially see the fund transformed into a family office.

Prosecutors announced on Monday that the firm, headquartered in Connecticut, faced $1.2 billion in fines for the charges, in addition to a $616 million settlement with the US Securities and Exchange Commission (SEC).

October 15, 2013

A 130-year-old US chemicals and industries company has taken the top honour at an international awards ceremony held in Rio de Janeiro, Brazil.

A 130-year-old US chemicals and industries company has taken the top honour at an international awards ceremony held in Rio de Janeiro, Brazil.

J M Huber Corporation (Huber) was presented with the IMD-Lombard Odier Global Family Business Award, at the culmination of the FBN-I annual summit, held this week.

According to the award judges, the firm was recognised for family inclusiveness, business governance, communications excellence, and successful management of the transition from family to non-family leadership.

April 30, 2013

The value of prime real estate in New York, London, Hong Kong and Singapore is set to rise by 27% in the next five years, due to the growing number of ultra-high net worth individuals globally, according to recent research.

The value of prime real estate in New York, London, Hong Kong and Singapore is set to rise by 27% in the next five years, due to the growing number of ultra-high net worth individuals globally, according to recent research.

The Global Prime Sector Report – published by property developers Candy & Candy, Deutsche Bank and estate agent Savills – found that by 2017 the UHNW population was expected to increased by 20%, with their collective wealth increasing by 30% as international markets recover.

March 6, 2013

The number of high net worth individuals worldwide is set to swell by 50% over the next 10 years, with Latin America and Asia seeing the fastest growth, according to the Wealth Report 2013.

The number of high net worth individuals worldwide is set to swell by 50% over the next 10 years, with Latin America and Asia seeing the fastest growth, according to the Wealth Report 2013. However, it is the cities of New York, London and Paris that will continue to remain most popular with the ultra-rich.

February 27, 2013

Mathilde Thomas and her husband’s beauty brand has conquered France. America is next.

New York, a week after Superstorm Sandy, and the morning of Obama’s re-election. In her new store in a prime corner location on the Upper East Side, Mathilde Thomas is lining up bottles of Caudalie skincare products with the precision of a chemist. A digital display shows the view from her bedroom at her family’s vineyard, Château Smith Haut Lafitte, with leaves rippling in the breeze. The central counter is made from wine barrels and the wallpaper is decorated with pictures of the varieties of grapes the family grows.

February 8, 2013

New York’s "best cheesecake" maker is also a family business. CampdenFB looks at its recipe for success.

New York is hardly short of icons – look at all those yellow cabs and skyscrapers – but when it comes to dessert, it’s all about cheesecake. And when it comes to cheesecake, there’s nowhere quite like Brooklyn landmark Junior’s, a restaurant and bakery beloved of presidents, mayors, singers and film stars for the past 62 years.

March 28, 2012

London and New York attract the highest number of wealthy individuals investing in property, but this could change in the future, with fast-emerging cities such as Beijing and Shanghai gaining popularity. 

London and New York attract the highest number of wealthy individuals investing in property, but this could change in the future, with fast-emerging cities such as Beijing and Shanghai gaining popularity.

September 22, 2010

Former US president Bill Clinton opened his sixth annual philanthropic summit in New York on 21 September with a call to philanthropic institutions and governments to work together to promote economic growth and achieve their philanthropic goals.

Former US president Bill Clinton opened his sixth annual philanthropic summit in New York on 21 September with a call to philanthropic institutions and governments to work together to promote economic growth and achieve their philanthropic goals.

During his opening address Clinton said: "I hope when we come out of this meeting every one of you will have a clearer idea about how you can best use your resources in this climate to promote more economic growth in all the countries represented here."

September 6, 2010

Residential property deals of more than $20 million remain buoyant, but family offices are steering clear of commercial real estate reports David Bain.

When one of France's wealthiest families wanted to buy a new property in Europe, without hesitation they chose London. After a few months they finally settled upon a £30 million townhouse in Kensington with 10 bedrooms and nearly as many reception rooms. Charles McDowell, who runs his own property consultancy putting deals like the above together, says big deals have been little affected by the turmoil of the last few years, and if anything have been stronger than ever in the last few months.

Click here >>
Close