Lily Safra, widow of Brazilian banker Edmond Safra, has donated Gerhard Richter’s painting “Abstraktes Bild 849-3 (1997)” to the Israel Museum, the Jerusalem-based institution said today in an e-mailed statement.
HSBC Holdings Plc received an approach from a unit of Safra Group to buy the Monaco private bank the Safra family once owned, and is also considering selling parts of its Swiss private bank, three people with knowledge of the situation said.
HSBC Holdings Plc is closing Hermitage Capital Management Ltd.’s flagship Russia fund just as its co-founder, William Browder, is being sued for libel in London and tried in absentia for tax evasion in Moscow.
Interpol rejected Russia’s request for help in tracking Hermitage Capital Management Ltd.’s co- founder William Browder, charged in absentia with damaging the country’s interests by buying OAO Gazprom shares at a discount more than a decade ago.
Russia will ask Interpol for assistance in a case against Hermitage Capital Management Ltd.’s co-founder William Browder, who’s charged in absentia with damaging Russian interests by buying OAO Gazprom shares at a discount more than a decade ago.