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Katia Porzecanski on Muck Rack

Katia Porzecanski

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London
As seen in: Bloomberg News, UOL Economia, MSN, UOL, Bloomberg Businessweek, Bloomberg Markets Magazine, The Economic Times, TIME, Yahoo News, Yahoo News Hong Kong, Yahoo News New Zealand and
Finance reporter for @business in London. Opinions my own. Tips? send to kporzecansk1 at bloomberg dot net

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Articles

London and Dubai Wealth Concerns See Turkey Make a Play for Rich Original

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By Alexander Sazonov, Katia Porzecanski Verified
| Bloomberg Tax Verified
Long a bridge between Europe and the Middle East, Turkey is seeking to capitalize on its strategic location to attract more rich residents as instability hits rival wealth hubs from London to Dubai. The country recently announced it’s ushering in a range of tax incentives for monied expats and investors abroad, ranging from minimal inheritance tax, the chance for 20 years of overseas income free from local levies and an amnesty program to bring in undeclared assets held overseas.
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Turkey seeks to capitalise on strategic location to attract the rich from London & Dubai

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By Alexander Sazonov, Katia Porzecanski Verified
| ThePrint Verified
The new policies arrive at a sensitive time for some rival finance centers. Dubai and Abu Dhabi, recent magnets for international wealth, have been tested by the US war in Iran and localized attacks, shaking their status as regional safe havens. The UK, home to a sizeable Turkish community, has seen numerous wealthy residents depart after it ended a tax perk that shielded foreign income from local taxes. Wealth hubs in Europe and elsewhere are vying to welcome in those unsettled by the turbulence.
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Wall Street’s Private Banks Are Vying for AI’s Paper Money Elite

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By Katia Porzecanski Verified, Yazhou Sun Verified
| VettaFi Advisor Perspectives Verified
In the race to win a coveted role on the next mega US IPO and manage the ensuing riches, Wall Street’s wealth advisers are ramping up lending to founders and entrepreneurs based on the soaring values of their private companies. Loans to clients with difficult-to-tap paper riches are surging, according to interviews with bankers, lawyers and wealth managers. At Goldman Sachs Group Inc.
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