08/15/2013
Paltzer is cooperating with U.S. authorities in their broader investigation of how foreign banks and advisers helped American clients evade taxes, his lawyer,Thomas Ostrander, said.
08/15/2013
After other investors lost two similar claims at a German tribunal last year, the funds added antitrust claims against Porsche to their suit, forcing a move to a court that specializes in cartel suits.
08/14/2013
Data leaks have become big business ever since 2008
08/14/2013
Moody's Analytics has released two reports outlining the challenges associated with the upcoming Asset Quality Review (AQR) and subsequent stress test requirements for European financial institutions.
08/14/2013
A Swiss bank is being sued in the English courts by the glamorous British ex-countess Lady Victoria Normanton for ‘negligent’ handling of her finances which led to £93,000 (CHF: 132,000) being stolen from her bank account.
08/13/2013
The chief executive of a Norwegian oil fund has said that the issue of tax evasion could become an area of focus in the future
08/13/2013
Capital adequacy, stress testing & internal risk models among top regulatory pressures; Report says flexible technology key to addressing evolving requirements
08/13/2013
With the amount of financial information to be shared between European Union countries set to significantly increase over the next few years
08/13/2013
He will draw on his experience gained during a 2,5 year tenure as the Senior Office Partner for Eversheds’ Copenhagen office.
08/13/2013
Federal prosecutors in Manhattan have criminally charged two former JPMorgan bankers for their alleged role in the “London whale” trading loss that rocked the investment bank last year and led to a very public overhaul of its senior management
08/12/2013
Singapore's banking system is found to be sound and able to withstand adverse scenarios after a stress test exercise
08/12/2013
Russell-Cooke has strengthened its Private Client practice with the hire of its 8th Partner
08/11/2013
The board was discussing "whether the continuation of commission payments for non-advised retail investment sales created potential risks".
08/11/2013
Wealthy investors are rekindling their interest in French property now the government has clarified capital gains tax laws.
08/11/2013
More U.S. citizens are giving up their American passports as the government cracks down on tax evaders.
08/11/2013
The UK's largest financial firms will be forced to set targets for the number of women on their boards from 2014, under proposals outlined by City regulators.
08/11/2013
"The proposals in this consultation will allow HMRC to further close in on the cowboy advisers promoting these high-risk schemes," David Gauke, the Treasury Secretary, said.
08/10/2013
Evangelos Venizelos, the deputy Prime Minister of Greece, has said London has replaced Switzerland as the destination for wealthy Greeks looking to avoid taxes.
08/10/2013
International business law firm has strengthened further its leading finance group by hiring a partner from Davenport Lyons.
08/08/2013
Tax fraud and evasion is illegal and will not be tolerated