12/27/2012
Switzerland's aim of preserving banking secrecy has been cast in doubt after the finance minister suggested all options are open, reopening the debate over a pillar of the country's economy.
12/27/2012
Porsche has won the dismissal of a lawsuit by 26 hedge funds that accused the German car maker of causing more than $1bn of losses by cornering the market in Volkswagen shares.
12/27/2012
Given to Greece for a second time by French authorities on December 21, the list contains hundreds of names of Greek account holders at global bank HSBC in Switzerland, which authorities want to investigate over suspected tax evasion.
12/23/2012
The budget minister is at risk of losing his portfolio in an imminent shake-up, newspapers Le Parisien and Le Journal du Dimanche both reported on Sunday, citing unidentified government sources.
12/22/2012
The High Court on Friday dismissed the claim by Lancashire hotelier Paul Rowley
12/20/2012
A credit-default swap is a contract that requires one party to pay another for the face value of a bond if the issuer defaults.
12/20/2012
Three men who worked for unnamed bank accused of conspiring with US clients to hide more than $420m, says attorney's office
12/19/2012
Under FATCA, non-US financial institutions will be required to report information about financial accounts held by US taxpayers, or held by foreign entities in which US taxpayers hold a substantial ownership interest.
12/19/2012
Bankers suing their former employers have had a run of legal defeats in London since more than 100 Dresdner Kleinwort workers successfully sued Commerzbank AG for their bonuses in May.
12/19/2012
"Many of you have asked me what I will say to clients, prospects, recruits, family and friends who ask about the Libor settlement and its impact on me and WMA," wrote Bob Mulholland, head of wealth management and investment solutions at UBS Weal
12/19/2012
A new client educational resource - LGBT On Your Terms - is available to help same-sex couples understand the factors that are likely to affect their family's finances and long-term plans.
12/19/2012
Late last month the Hong Kong Association of Banks said it was considering a series of reforms to the Hibor system, including bringing in a formal code of conduct and reducing the number of rates it publishes.
12/19/2012
A banker who claimed that he was dismissed for being “too successful” could be awarded an £11 million payout after winning a five-year battle against his former employer.
12/19/2012
He has been fined £450,000 for pressure selling small company shares to investors.
12/18/2012
Global Competition Review has again included Allen & Overy in the "Global Elite" of 2013
12/18/2012
UBS Board of Directors authorizes settlements of LIBOR-related claims with US and UK authorities; Swiss regulator to issue order
12/17/2012
He said that the company’s dispute is only with ABN Amro.
12/16/2012
Deutsche Bank AG, whose offices were raided by German police four days ago
12/16/2012
The U.K.'s Financial Services Authority has sent out investigation notifications in the past week to at least five individuals linked to UBS
12/16/2012
At the time the SFO was filtering out cases which it felt had no reasonable chance of conviction.