Managers of Wealth

Threat of 'wealth tax' on holiday homes

Britons who own homes in Spain and other troubled eurozone states could face a new "wealth tax" to help fund future bail-outs, influential German economists have suggested.

Ex-HSBC worker says bank information shows tax-evasion and money-laundering

Swiss authorities want Falciani, who has French and Italian citizenship, sent back to Switzerland to face charges of allegedly revealing secrets and breach of banking secrecy _ which could lead to a seven-year jail term.

Chinese banking giant puts legal panel in spotlight

It is understood that the company already operates a roster of advisers in Europe, with the panel in question covering the full range of practice areas.

French MPs declare wealth in armchairs, watches and kayaks

Historic exercise known as Le Grand Déballage raises eyebrows with assets from €4,500 armchair to carbon canoes revealed

Billionaire Sues FTI Over Soros Smear Campaign Claim

FTI said the claims were without merit.

Austria finance minister turns heat on UK 'tax evasion'

Maria Fekter said the EU cannot force Austria to reform its banking secrecy laws without also forcing the UK to crack down on tax havens in its jurisdiction

Merkel and Cameron lay groundwork for tax evasion fight

Both Merkel and Cameron want the EU to have an "ambitious offer on the table" when talks get underway with the US on trade deals later this year.

Wealth tax to pay for EU bail-outs

Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone

Germany wants 'tax FBI'

In the light of recent offshore tax evasion revelations, the German government needed more enforcement capability to pursue scofflaws.

OSC accuses former CIBC, UBS investment banker of improper trades

He has negotiated a settlement agreement, which will be considered by a hearing panel on April 16.

A&O makes up 19 to partner around the world including six in London

This year's round comes after the firm made up 23 new partners in 2012, including nine female promotions. Just two of this year's new partners are women.

Barclays analyst caught in email gaffe: We’re going to steal website’s ideas

Barclays has been accused of “inappropriate” behaviour

Online petition in Europe challenges tax havens

Years of spending cuts and tax rises in countries struggling to tame national debts have stoked public indignation about tax avoidance by the rich.

UK signs tax deal with France, Germany, Italy and Spain

George Osborne has a signed an information exchange agreement with the finance ministers of France, Germany, Italy and Spain in the latest effort to crack down on tax evasion.

KPMG fires partner for allegedly giving private client information to a third party

The company said that the partner violated its policies and betrayed the trust of clients and colleagues.

'Tax cheats’ warned as HMRC launches new disclosure facilities

The agreements were based, in part, on the principles of the Foreign Account Tax Compliant Act.

Appleby advises Asia Mezzanine Capital Corporation on a US$30m facility to CAAM

The Appleby team was led by Jeffrey Kirk, the banking and asset finance team leader in Appleby’s Hong Kong office and assisted by Associate, Vincent Chan.

BNP Paribas Securities Services is first European custodian to offer a class action service

As of today, 95% of the class actions worldwide are still triggered in the US and Canada, yet this market practice is progressively expanding in a number of European markets, as well as in Asia.

Julius Baer Chairman Sees ‘Painful Adjustments’ Over Tax Efforts

It will undoubtedly lead to a few painful adjustments

MetLife hires Asia legal head from UBS

He succeeds Peter Cashin, who left his in-house role to join insurance firm Kennedys as a partner in Hong Kong.

Legal,Regulation,Tax & Compliance