12/22/2014
Two directors of Connaught Asset Management have been disqualified as directors for a combined 16 years for allowing the misuse of up to £106 million in investment funds after an investigation by the Insolvency Service.
12/22/2014
However, Switzerland’s reputation has improved in Poland and in Britain over the past five years.
12/22/2014
The newspaper also said that in the past week there had been several raids on the unreported income of clients of Credit Suisse in NRW related to a tax CD that NRW authorities bought in 2012.
12/22/2014
The courtroom victory of the only Swiss banker to beat the U.S. in a trial over offshore tax evasion may embolden other indicted financial workers to leave a legal limbo some have occupied more than five years.
12/22/2014
Looking at the Crown Dependencies, Jersey saw a 6% increase over the previous half-year, while Guernsey saw something of a dip in the number of new company incorporations.
12/22/2014
Goodwin will have to trawl through hundreds of text messages and emails by order of the court, ahead of a court case against him and other RBS bosses due to take place in 2016
12/22/2014
The central bank also said its Deposit Insurance Agency, responsible for managing crisis-hit lenders, would take over interim supervision of Trust Bank as of Monday.
12/21/2014
Switzerland is introducing a negative interest rate on deposits held by lenders at its central bank, moving to hold down the value of the Swiss franc amid turmoil in global currency markets and expectations that deflation is at hand.
12/21/2014
Gold prices edged higher Thursday after Switzerland's central bank said it would introduce negative interest rates next year and as traders continued to adjust their outlook on US monetary policy.
12/21/2014
The Qatari ruling family has been ordered to pay £38million in stamp duty for the purchase of Chelsea Barracks after using an aggressive tax avoidance scheme to avoid the bill.
12/20/2014
The Bavarian state bank, who were unavailable for comment on Friday, accuses the British billionaire of bribing one of its executives to influence the 2006 sale of Formula One's rights.
12/19/2014
A City of London police spokeswoman declined to comment on the identity of the individual or whether they had been released on bail after questioning, saying only it was an SFO-led investigation.
12/18/2014
Media baron Richard Desmond has won a victory over Credit Suisse and hedge fund group GLG after they settled his £42 million court case over what he claimed was an “incomprehensible” financial investment.
12/18/2014
Withers enters a competitive and growing legal market of serving private clients
12/18/2014
EU leaders attending today’s summit in Brussels will call for a renewed push against tax evasion as cash-strapped nations seek more ways to refill depleted government coffers.
12/18/2014
Switzerland's National Bank will bring in a negative interest rate cutting the value of large sums of money left on deposit in the country.
12/18/2014
The U.S. financial risk council on Thursday requested information on asset managers' key risks as part of an attempt to determine whether the industry poses a threat to markets.
12/18/2014
Switzerland’s big banks, UBS and Credit Suisse, are carefully assessing the Swiss central bank’s move to introduce a negative interest rate on deposits—which could cause each of the lenders to take a direct financial hit.
12/18/2014
SPL, the board of the cell companies that make up the failed Arch Cru funds, took Arch Financial Products to court in November 2013, alleging gross negligence in Arch's role as manager of the funds.
12/17/2014
Aligning Bermuda’s insurance framework to take into account Solvency II standards and initiatives;