Latest in Banker Set Inherit
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Spanish central banker set to inherit big challenges as next BIS head
Pablo Hernández de Cos to take over amid fears Donald Trump will derail progress on setting capital standards for world’s biggest lendersBusiness - Financial Times - 7 hours ago -
UK regulator sets out plans for earlier banker bonuses
Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 yearsBusiness - Financial Times - October 18 -
White Sox hire Will Venable as new manager: MLB veteran inherits team that set single-season loss record
Venable most recently served as associate manager under Bruce Bochy with the Texas RangersSports - CBS Sports - October 31 -
Citi revamps pay for wealth bankers
More bonuses will go to those who move client assets into investments, and less to those who sell new loansBusiness - Financial Times - Yesterday -
Inheritance tax increases expected in Budget
It is not known how many people are likely to end up paying more under the government's plan.Top stories - BBC News - October 17 -
Who has to pay inheritance tax?
Inheritance tax is again creating political debate so how does it work and who pays?Top stories - BBC News - October 18 -
Disgraced Lebanese Central Banker Who Was a Fugitive Now Awaits His Fate
Riad Salameh was arrested on graft charges and accused of undermining Lebanon’s economy, as the Israel-Hezbollah war further destabilizes the country.World - The Wall Street Journal - 5 days ago -
Reeves looking at sweeping inheritance tax changes in Budget
UK chancellor considers extending ‘seven year rule’ on gift giving to 10 years among other reformsBusiness - Financial Times - October 18 -
Inheritance tax reforms to hit business owners and farmers
Tax relief to be capped on assets worth more than £1mnWorld - Financial Times - October 30 -
Farmers 'betrayed' by £1m inheritance tax relief cap
Changes announced to inheritance tax rules could see the end of small family farms, warns the NFU.Top stories - BBC News - October 30 -
Disguised GP jailed for inheritance row poisoning
Thomas Kwan injected a toxin that caused a flesh-eating disease, pretending it was a Covid jab.Top stories - BBC News - 2 days ago -
Trump Is Inheriting Booming Markets and a Decisive Fed
Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.Business - Inc. - Yesterday -
How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it
After years of preparation, HPS is on the verge of either a deal or an IPOBusiness - Financial Times - October 24 -
Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help
Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh HasinaWorld - Financial Times - October 28 -
Inherited IRA rules are changing in 2025 — here's what beneficiaries need to know
If you have an inherited IRA, you may be subject to yearly withdrawals starting in 2025. Here's how to reduce your tax bill.Business - CNBC - October 17 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Farmers with assets over £1mn hit by inheritance tax reforms
Industry counters that Budget cap will hammer agricultural businesses that are asset-rich but cash-poorWorld - Financial Times - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Inheritance tax changes sound ‘death knell’ for family businesses, say owners
Chancellor Rachel Reeves’ first Budget has caused alarmWorld - Financial Times - October 31 -
Farmers lose sleep over Budget inheritance tax crackdown
Reforms will put emphasis on early succession planning for agricultural estatesWorld - Financial Times - 6 days ago -
The next U.S. president could inherit a booming economy. That's a daunting challenge.
Vice President Kamala Harris and Donald Trump both made the economy a focus of their campaign platforms since voters rank it a top priority.Business - CNBC - 6 days ago -
UK inheritance tax raid would be ‘painful’ but not fatal for Aim, says LSE executive
Investors are nervous about potential abolition of business relief in this month’s BudgetWorld - Financial Times - October 18 -
Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools
Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...World - The Guardian - October 30 -
The sun is setting on traditional retirement
Demographic changes force a rethink, but that’s not necessarily a bad thingWorld - Financial Times - October 18 -
‘This was a money grab’: My uncle took over the family business — and left my father out in the cold. Can I claim our inheritance?
“When my grandfather passed away, my uncle continued running the business and, at that point, he decided that my father would not receive any financial inheritance.”Business - MarketWatch - October 19 -
‘She did not even attend his funeral’: My friend married in secret and suddenly died. Does his widow inherit his $1 million home?
“His parents paid for the $50,000 down payment to the house when they purchased it 30 years ago.”Business - MarketWatch - October 26 -
‘I believe she made a big mistake’: My wife put her paycheck into a bank account with her inheritance. Do I now own 50% of those funds?
“I’m still working, and we’ve always filed joint tax returns.”Business - MarketWatch - 5 days ago -
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Barça's Yamal set to be fit for Clásico, Bayern
Lamine Yamal is a doubt for Barcelona's LaLiga match against Sevilla on Sunday after the club confirmed he picked up a hamstring strain.Sports - ESPN - October 14 -
'I'm set to manage the world's southernmost museum'
Aoife McKenna, 24, will also carry out a number of other roles in her stint in Antarctica.Top stories - BBC News - October 15 -
This UK recruitment downturn looks set to last
Tellingly for an industry that thrives on bullishness, green shoots are sparseWorld - Financial Times - October 15