NEW YORK, July 18, 2011 /PRNewswire/ -- CAISfunds, a New York based financial technology company providing an independent, alternatives investment platform to the wealth management industry, is pleased to announce that Dr. Minka Nyberg has joined as European Advisor to the firm.

A former bank executive, who says he wanted to expose tax evasion by some of the world's richest and most famous people, has handed over two CDs worth of documents to Wikileaks founder Julian Assange for publication on the controversial website.

Swiss wealth manager Julius Baer is launching a new physical gold fund, which is claimed to protect investors from market volatility. The fund will exclusively invest in standard gold bars of 400 ounces or about 12.5 kilos and it will not use any derivatives.

Switzerland’s Bank Julius Baer dropped its lawsuit against the Web site Wikileaks.org Wednesday, just days after U.S. District Judge Jeffrey White reversed his order to shut down the rebel Web site for posting classified bank documents.

A Swiss bank seeking legal action to shut down the Web site Wikileaks for posting classified documents is experiencing a backlash of unintended consequences.