02/16/2012
Bullion company being investigated
SFO staff have secured the company's financial records and made additional inquiries.
02/16/2012
SFO staff have secured the company's financial records and made additional inquiries.
02/16/2012
Other traders based in Zurich were suspended last year and in January, the report added.
02/15/2012
CEO Boris Collardi cited outside analysts' estimates of a fine in the range of CHF50 million to CHF250 million, saying, "I guess that's what's reasonable to expect."
02/15/2012
In addition to the challenges posed by today's economy, the Luxembourg jurisdiction has witnessed the local legal market diversify and intensify.
02/14/2012
"We have sent a communication to them, asking them to tell us about the source of the sundry income and how it has been dealt with. We are yet to get a response from them," Shah said.
02/14/2012
”Every idea is valuable, and I sense that this is why people feel engaged.”
02/13/2012
Wegelin & Co. is accused of helping at least 100 U.S. clients conceal huge sums of money from the IRS in overseas accounts.
02/11/2012
Individuals with money in offshore bank accounts who argue that their funds are a “gift” should collect evidence to support their claims, following the verdict in a high-profile court case this week, accountants have warned.
02/11/2012
The president of a Menlo Park hedge fund Friday became the latest figure to be indicted in the Galleon insider trading scandal that has stretched from Silicon Valley to Wall Street.
02/11/2012
Barclays' bonus pool is not the only part of its results that has riled investors: the bank's accounting practices have caused controversy too.
02/11/2012
Tim Baxter, Stanchart’s London-based head of corporate communications told Euromoney: “Yes, there has been a breach.”
02/08/2012
Some 2,000 people from the UK with money invested in Liechtenstein have come forward after the tax haven was put under the spotlight.
02/08/2012
A four-year-old investigation that included searches of offices and private property, didn’t support allegations initially made in a television-news report, prosecutors in Mannheim said in an e-mailed statement.
02/08/2012
Russia plans to introduce a tax on luxuries eyeing the European experience, although many experts doubt this ‘Robin Hood’ initiative will be successful.
02/07/2012
U.S. officials have in recent months been piling pressure on Swiss private banks like Baer whose clients include wealthy Americans with hidden offshore accounts.
02/07/2012
The case is a rare win for a broker trying to oppose the return of unpaid bonus money, say lawyers.
02/06/2012
The banks are suspected of colluding to influence key interest rates and the trading conditions for complex financial products that allow investors to bet on further interest rates — known as derivatives — the commission said in a statement Fr
02/06/2012
Collusion between these banks is suspected to have influenced the London interbank offered rate and the Tokyo interbank offered rate, two indicators of the interbank interest rate level.
02/06/2012
Linklaters and Ashurst have taken lead roles on TPG Capital's $800m (£508m) acquisition of hedge fund services company GlobeOp.
02/06/2012
Britain's Financial Services Authority (FSA) regulator has started a formal enforcement probe against Swiss bank UBS over last year's $2 billion trading loss at UBS's London arm.