Business & Finance
Marriott hotel in Cap d’Ail sold to Swiss investment firm Achernar Assets
The Riviera Marriott Hotel La Porte de Monaco in Cap d’Ail has been sold by Schroders Capital to Swiss-based Achernar Assets in a deal reportedly worth €85 million.
Read more
CFM Indosuez Wealth Management sells fraction of Monaco business
UPDATED 4:30 pm: CFM Indosuez Wealth Management has sold a fraction of its business in the Principality of Monaco, namely clients resident in African countries, to Compagnie Monégasque de Banque...
Bringing together innovators and investors in Monaco
Lightbridge Corporation, a US nuclear fuel technology firm, will be one of the presenting companies at CleanEquity® Monaco 2017 on March 9 and 10 at the Fairmont Monte Carlo. CleanEquity® Monaco is...
Tougher new rules for tax advisers
The UK’s tax collectors have new powers from January 1 to “name and shame” professional advisers who enable tax evasion. Advisers will be liable for fines of up to 100 percent of the tax...
Monaco still top of the prop
The latest Knight Frank Prime Global Cities Index has reconfirmed Monaco as having the most expensive real estate worldwide. The top-end agency reports that $1 million (€954,000) buys only 17...
Bank accounts become more expensive
Two more German banks are to introduce negative interest rates for clients with large deposits. From April 1, Stadtsparkasse of Munich will introduce a negative rate of 0.4 percent for customers with...
Monaco a “magnet” for Australian funds
Australia’s anti-money laundering and counter-terrorism agency, Australian Transaction Reports and Analysis Centre (AUSTRAC), has named Monaco as one of the destinations for money transfers that...
