04/28/2015
Family businesses generate more than 80 per cent of the non-oil gross domestic product in the Gulf, according to accountancy firm PwC, a sector of the economy each nation is trying to bolster, especially in the lower oil price environment.
04/28/2015
Jürgen Fitschen and four former executives of German lender Deutsche Bank are accused of falsely testifying in court
04/28/2015
The BSI nonprosecution agreement demonstrates the extraordinary level of disclosure and cooperation that Swiss banks are required to undertake in order to qualify for such a resolution, and provides a detailed road map for other Swiss banks seeking simila
04/27/2015
He currently represents the heirs of renowned art dealer Paul Rosenberg
04/27/2015
People earning more than £2m a year — a small enough group to fit into the Royal Albert Hall — more than doubled their share of income tax to 5 per cent in the past five years
04/27/2015
The European Commission accused the three banks in May last year of manipulating the Euribor interbank offered rate after they refused to settle a case five months earlier, unlike six other banks.
04/27/2015
Revenue & Customs is stepping up its scrutiny of the rising stars of sport, investment banking and entrepreneurial business
04/27/2015
The firm estimates that it will require a minimum of €1 million a year for each independent asset manager to become registered independently
04/24/2015
RBC Wealth Management fined $1 million for lax oversight of sales tactics
RBC previously made unspecified payments to more than 100 customers who sued the firm in California.
04/24/2015
The US Securities and Exchange Commission has paid a compliance officer between $1.4m and $1.6m
04/24/2015
This article provides a reminder of the impending deadlines and action that is required for those BVI entities that are classified as “Foreign Financial Institutions” for the purposes of FATCA.
04/24/2015
No money laundering charges or allegations of money laundering have been brought against Mr Symes or the bank.
04/24/2015
Special investigation: Just as British savers are being told to be on "red alert" for scam investments, Katie Morley uncovers the disturbing truth about a firm claiming to sell Ferrari IPO shares
04/24/2015
Switzerland is to amend federal tax legislation to prevent the double taxation of certain permanent establishments (PEs) located in the country
04/23/2015
Having taken a much fairer stance in their approach to capital distribution on divorce, Judges are now also moving away from ‘joint lives’ spousal maintenance orders (which provide on-going financial support for the financially weaker party) t
04/23/2015
Luxury German car maker Mercedes is hit by a 350 million yuan (almost $56.5 million) fine by regulators over price fixing in the burgeoning Chinese market
04/23/2015
The fine is so large because Deutsche Bank also misled the regulator, which could have hampered its investigation.
04/23/2015
Fines and restitution relate to the improper sales of structured investment products to more than 200 retail investors
04/22/2015
DOL Rule, Anti-Money Laundering Top Priorities for Raymond James
While it’s too early to report specifically where Raymond James stands on the new proposal, Curtis said on the surface, the new DOL proposal appears to be significantly better than the one put forward in 2010.
04/22/2015
Bank signs deal over £2m sex discrimination claim
Details of the payout were not disclosed after the agreement was struck just hours after it was due to go into its second day.