10/28/2019
The company says it paid bonuses of £230,788 to the two equities traders that month and allocated £3.5m of deferred bonuses to them the following month, most of which they drew in April.
10/28/2019
While all that may make it tough to assess the latest round of purported scoops and stern denials, what’s becoming clear, at least, are the dueling narratives at work.
10/28/2019
A haul of 13.5 tonnes from the basement of just one official’s home is shining proof.
10/28/2019
The head of Nordea’s wealth unit, Snorre Storset, says a plan to cut jobs across the organization won’t affect portfolio managers in his unit.
10/27/2019
The MLRs apply to businesses in a range of sectors at risk of facilitating money laundering or terrorist financing
10/25/2019
This year, the second-largest Swiss bank is prominently represented there.
10/25/2019
The bank is now able to credit around CHF 6.5 million to its annual result, as it can release provisions made for the proceedings.
10/25/2019
The extra cash is welcome news for Singapore, whose economy is slowly slipping towards a recession as speculation grows that Prime Minister Lee Hsien Loong will announce an election well before one is due in April 2021.
10/25/2019
The report also makes recommendations on how to ensure authorities can access information on beneficial ownership of overseas entities.
10/25/2019
Offshore holdings, although in many cases completely legal, could help taxpayers hide taxable money and cut their bills if they stash their savings in low-tax jurisdictions.
10/25/2019
The group is strategically positioned across the Americas, Europe and Asia to ensure the most comprehensive and global coverage for clients.
10/24/2019
The investigation into a practice that German authorities now say is a tax heist has riveted financial circles, ensnared dozens of banks and exposed a sprawling network of financiers, short-sellers and middlemen.
10/24/2019
Staying ahead of the game - A firm-wide commitment to compliance Guests agreed that it is essential to take a proactive approach to regulation and compliance, taking a bank or firm-wide approach
10/24/2019
The event aims to bring together investors, fund managers, bankers and lawyers for education and networking within the fund finance market.
10/24/2019
The United States is one step closer to putting an end to anonymous shell companies with the Corporate Transparency Act passing the House of Representatives.
10/24/2019
While the economic substance rules introduced across jurisdictions are largely similar, there are nuances from one jurisdiction to the next.
10/23/2019
Firm warns lower interest rates will hit lending income
10/23/2019
Swiss prosecutors said they had submitted the case to the Federal Criminal Court under an accelerated proceeding to conclude a case more quickly, in which an admission of guilt and acceptance of civil claims by the accused was required.
10/23/2019
The OECD has published new proposals for taxing international consumer-facing businesses.
10/23/2019
In a normal world savers are expected to receive compensation for giving their money to the bank.