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.
Sir Nigel Rudd, a former director of Barclays, has accused the Treasury Select Committee of attacking the integrity of Bob Diamond, the bank's former chief executive.
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
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.
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.
Olenicoff, who built his fortune as the chief executive officer of Newport Beach, California-based Olen Properties Corp., pleaded guilty in 2007 to filing a false tax return.
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.
The total figure is double that of the same period last year, which was 222, and is already nearly 74 percent of the total count for 2011.