UK has to make voice heard in 2012, warns IMA

The UK will have to work increasingly hard next year to make sure it has its say on a number of incoming European financial regulations, the Investment Management Association says.


New U.S. tactic for suspected Swiss bank tax cheats

U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more commonly used against drug smugglers, money launderers and Imelda Marcos, widow of the Philippine dictator.


When to Go Above The Boss's Head

His story is exemplary of the whistleblower-like firings and resignations that have graced headlines since the days of Enron.


Top Manhattan art gallery accused of selling fake article

Pierre Lagrange, a co-founder of GLG Partners Inc., said in a complaint filed yesterday in Manhattan federal court that he paid $17 million for a painting called "Untitled 1950" from Knoedler in November 2007 that the gallery said was by Pollock


Top wealth firm in £10k trail dispute with Massow

In 2004, Muston had set up a £200,000 trust fund through an IFA in Birmingham, which was later taken over by Barclays Wealth. Aviva, the fund provider, then paid an initial commission of £5,000 to the IFA.


Swiss not aware of US accusation details - Pictet

Swiss banks need to know what the U.S. is accusing them of to be able to negotiate a solution, Nicolas Pictet, president of the Swiss private banking association and a managing partner at Pictet & Cie. told Aargauer Zeitung in an interview.


Germany's Greens push for higher tax on rich

The Greens have been riding high in opinion polls and could be well-positioned to form a coalition with their preferred partners, the centre-left Social Democrats (SPD), or Chancellor Angela Merkel's conservatives (CDU/CSU).


Sars gunning for super-rich

Earlier this year, Sars announced that only 360 individuals earning more than R7-million a year, or with assets in excess of R75-million, were registered to pay tax.