Acrimony dents chances of Swiss-German tax deal

The chances of any swift Swiss-German deal to counter tax evasion looked slim on Sunday after politicians traded criticism over efforts to limit the traditional secrecy of Swiss banks.


Tax-soaked French bankers feeling London's lure

French financial groups big and small, from advisory firms and private equity houses to big banks like Societe Generale, are looking at London as a possible shelter from a new 75 percent tax rate on top French earners, bankers say.


Platforms reject claims over two year RDR ‘grace period’

The Tax Incentivised Savings Association (Tisa) last week said some of its members had raised concerns about how long it will take them to update their systems so they can facilitate RDR-style rebates from funds. After the RDR, these rebates will consist


Assange urges end to U.S. 'war on whistle-blowers'

Julian Assange speaks to the public from a window of the Ecuadorian embassy in London today, where he urged that the U.S. "renounce its witch-hunt against WikiLeaks," the whistle-blowing organization he founded.


UK banks are complicit in criminal acts

The scandals reveal the complicity of the regulators including the Financial Services Authority (FSA) and the Bank of England (BoE), and successive governments which act as the protectors of those financial gangsters.


HSBC dealings in Middle East in spotlight

But the 335-page investigative report into money laundering violations contained a trove of information about HSBC’s dealings in the Middle East, including Iran and Syria.


UBS's tax bogeyman rears ugly head again

As of January next year, Germans with Swiss bank accounts will have to pay a charge of between 21 and 41 percent of their total holdings to maintain their cloak of anonymity, as well as an ongoing yearly withholding tax.