Compeer Finds 'Stiff Upper Lip' and Real Costs Behind Compliance 'Tsunami' - Research and CEO Reaction

Talk of compliance tearing through wealth management and laying waste to the industry seems exaggerated, according to a new survey conducted by wealth management benchmarker and research firm ComPeer. Revealed this week at its Compliance Tsunami conference at London's Fishmongers' Hall, the figures show an industry displaying an admirable "stiff upper lip".

Legal / Regulatory

Lloyds Private Banking Worker Stole �600,000 from Millionaires' Accounts to Feed Gambling Addiction

Timothy Brooks, assistant to a relationship manager at the Mayfair Private Banking division of Lloyds Banking group, has been jailed for two years after stealing from wealthy clients. Read more...

Art / Wine / Collectibles

Sotheby's Pink Diamond Buyer Defaults on Record Purchase

In a Sotheby�s auction in November 2013, a New York diamond cutter defeated three bidders to win the most expensive gemstone ever recorded for $83.2 million, but the buyer later defaulted. Read more...

Investments

Investing in African Agriculture: The Last Frontier

Africa is the last frontier for opportunities in African agriculture, according to a panel discussion at the Global AgInvesting conference in Abu Dhabi on Feb. 25, hosted by HighQuest Partners. Read more...

Investments

Logistics Can Be Critical Factor in Developing the Ag Business

Logistics can be key in developing the agriculture business and bringing it in a cost-efficient, quality way to market, according to Diederik Brasser, founder and director of Trilobes BV. Read more...

Management / Ops / HR

Navigating the Perilous Waters of Trusteeship

Whom do you trust? It�s a sensitive question for most everyone. But in the family office world, well, it's ten-fold. The topic, Trustee Obligations and Pitfalls, was addressed at a recent panel discussion. Read more...

Philanthropy

Ashok Sinha: Cartwheel Initiative�s Healing Power of Art For Children

Ashik Sinha is founder of the Cartwheel Initiative, a global foundation that seeks to inspire youths through artistic means - animation, music and photography. Its ideals sprang in 2010 on assignment. Read more...