A Modigliani nude painting was sold to an unnamed Chinese buyer at Christie's on Monday for $170.4 million, the second-highest price ever for a work of art at auction, as deep-pocketed collectors continue to pay, and pay big, for some rare...
The chief executive of one of the world's largest independent financial advisory organizations unambiguously condemned the Foreign Account Tax Compliance Act in a recent series of comments. ...
The next robo?
According to two anonymous sources cited by Bloomberg, Bank of America’s Merrill Edge has put dozens of employees to work on a robo advisor prototype that will service accounts with less than $250,000. Bank of America plans ...
The past collides with the present for same-sex couples
The Tax Justice Network (TJN), a UK-based advocacy group, recently published the 2015 edition of its biannual Financial Secrecy Index, wherein it ranks the top 10 most financially secretive jurisdictions worldwide. According to the TJN...
The good ole days.
Pump-and-dump schemes have taken to the internet. Fintech firm HedgeChatter has come up with a way to combat stock price manipulation on social media and message boards. The firm has launched a filter that screens chat ...
IRS releases estate asset allocation data for 2014