03/03/2013

China needs inheritance tax: report

China should impose an inheritance tax on estates worth more than 5 million yuan ($803,000), which would raise 20 billion yuan a year in tax revenue and help narrow the wealth gap, claimed a report released Saturday by an institution specializing in incom

03/03/2013

Switzerland backs curbs on executive pay

Voters in Switzerland have backed some of the world’s toughest controls on executive pay, forcing public companies to give shareholders a binding vote on remuneration.

02/28/2013

Coutts Continues Strategic Refocus

RBS said in 2011 that it wanted to strengthen its presence in the UK and focus future investments in growth in core, profitable countries, exiting some markets where it does not have a physical presence or an adequate market share.