12/02/2012

Third time unlucky for UBS

UBS faces a third FSA investigation in four years, this time for Libor. A record-breaking fine is coming its way…

12/02/2012

Looking after the family silver - Asian style

These two cases illustrate well how important it is for successful and wealthy businessmen to have a clear and robust succession plan that lays out how their own personal wealth is to be divided, when the time arises.

11/29/2012

UniCredit unit offices raided in probe

The raids, at the behest of Frankfurt prosecutors, were carried out by 60 police, tax inspectors and federal criminal investigators. Eight people were being investigated on suspicion of deliberate tax evasion.

11/29/2012

Insider-Trading Probe Looms Over Hedge Fund Titan

For years, since the SEC began its far-reaching investigation into insider trading within the hedge fund universe, its probe has led to civil and criminal charges against former SAC traders and investment managers.

11/25/2012

Morocco Eyes Tax On Wealth

The minister insisted that the government would have to make sure that the tax could be adapted to Moroccan society.

11/25/2012

FSA fines UBS over trading scandal

The systems and controls failings revealed serious weaknesses in the firm’s procedures, management systems and internal controls.