Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels than it took for the fortunes of the top 1,000, mostly White male, billionaires to bounce back.
Mr Pleasant said that, in the absence of business travel, since taking up his post he had conducted an audit of the agency’s strategy and activity both in Guernsey and overseas.
Since expertise is a given, not a differentiator, in the Middle East the starting point has to be investment in a meaningful relationship with the family.
The review is part of the cyclical six-monthly assessment process and in its report S&P notes that its ratings are based on Jersey’s “strong and flexible institutions, wealthy economy and considerable fiscal buffers”.
In the first of two interviews with Guernsey Finance Chief Executive Rupert Pleasant, he tells Rosie Allsopp the agency’s plans for breaking into new markets and forging deeper ties with those that already exist
ADIB were advised on matters of English law by the CMS team of Shakeel Adli, David Stanbridge, Sean Gough, Lily Martin and Adrienne Fisher.
Very wealthy families are having recourse to family offices more and more as concerns around wealth preservation, family disputes, succession planning and the complexity of managing the family affairs are intensifying.
Switzerland is mainly known for numbered bank accounts, which are listed only by number rather than by name, making it hard for officials to track down someone's account.