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Reply #41: Tony Blair's new 'bank' for super-rich [View All]

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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-08-11 07:47 AM
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41. Tony Blair's new 'bank' for super-rich
http://www.theaustralian.com.au/news/world/tony-blairs-...

TONY Blair has formed his own finance boutique in London to offer investment services to global funds and the super-rich.

His Mayfair-based company has recruited senior financiers and has been authorised by the Financial Services Authority. It will effectively be a fledgling investment bank.

News of the former British prime minister's diversification into finance will help to explain how he can afford to give away the estimated 5 million pounds proceeds of his memoirs, A Journey, to the Royal British Legion. His predecessors in Downing Street have relied on their books to provide for their retirement.

Since leaving office in 2007, Blair has amassed a fortune estimated to be in excess of 20 million pounds. He has combined his role as a roving statesman with charitable work and paid advisory roles...
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