07/11/2012

UBS In Bordeaux Said To Have Been Raided In French Tax Probe

The charges were the first brought in the probe, which was opened in April after a preliminary inquiry by the French customs service into a February 2011 complaint by the Prudential Control Authority, France’s banking regulator.

07/11/2012

Ex-SJP adviser wins Mail on Sunday libel case

A former St James’s Place adviser has been awarded “substantial damages” and legal costs after the Mail on Sunday newspaper alleged the adviser had stolen £5m from clients.

07/08/2012

Illicit wealth under corporate veil

The FDF, which is equivalent to Finance Ministry in Switzerland, has said in a report on international financial and tax matters for 2012 that the country is at the forefront of global efforts to tackle cross-border financial crime.

07/08/2012

RBS fights to keep its Libor records secret

Royal Bank of Scotland is fighting a court order requiring it to co-operate with an international criminal investigation into allegations its staff fixed a key banking lending rate.

07/04/2012

Rogue trader Nick Leeson urges jail for Libor fixing

Barclays was fined £290m by UK and US regulator for attempting to manipulate the rate, which is used to set the borrowing costs for millions of consumers, businesses and investors, by falsely stating how much they were paying to borrow money.