New Bank Leak Shows How Rich Exploit Tax Haven Loopholes

By The International Consortium of Investigative Journalists
July 8, 2014, 3:45 pm

The identities of thousands of wealthy offshore clients of a major Channel Isles private bank have been leaked to the International Consortium of Investigative Journalists.

The individuals include donors to the British government, which has been outspoken against tax havens, and some of the most prominent people in British life.

The ICIJ has exclusively allowed The Guardian newspaper to analyze more than 20,000 of the names, all of whom had dealings with a discreet Jersey, Channel Islands branch of Kleinwort Benson, a famous London firm which specializes in “wealth management.”