01/27/2013
Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge's determination on how to apportion responsibility.
01/27/2013
An employee of a global wealth management firm (identified only as “Brokerage Firm A”) was arrested at his home this morning on insider trading charges related to Gilead Sciences Inc.’s $11 billion acquisition of New Jersey-based Pharmas
01/27/2013
The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks under added scrutiny and spurs both regulators and institutions to reconsider how certain key interest and currency rates are set.
01/24/2013
Police also honed in on those using fake companies in tax havens to evade paying their dues
01/22/2013
Regulators from Canada to Switzerland are investigating whether more than a dozen banks, including Deutsche Bank, were colluding to rig the rate.
01/22/2013
Guardian Care Homes is suing the bank for £38m for misselling complex interest rate derivatives.
01/22/2013
International agreements also stipulated that in exchange for anonymity the account holders
01/22/2013
"For those US Taxpayers using foreign bank accounts, the noose is tightening," says FBAR Tax Attorney, Anthony Verni.
01/22/2013
Asset management company Schroders said one of its employees was among those arrested in the early morning raids
01/22/2013
The financial services industry is facing a dilemma
01/22/2013
The location of your primary home is a key issue for deciding if someone is liable to the wealth tax in France.
01/22/2013
A tax on rebates would hit bundled share classes, which are offered by most of the UK's platforms
01/20/2013
Barclays has moved swiftly to part company with a senior executive after investigators alleged that he shredded a highly critical analysis of the maverick culture and bullying at the bank's one-time flagship Barclays Wealth business.
01/19/2013
BRICS heads of revenue discussed issues of mutual concern in tax administration
01/16/2013
The rainforest advocacy group Bruno Manser Fund (BMF) has filed a complaint to the Swiss attorney general’s office against four banks – UBS, Edmond de Rothschild, Pictet and Deutsche Bank – for their dealings with the Malaysian Taib clan
01/16/2013
He said the central European country will ask Switzerland first to disclose all data pertaining to bank accounts of Hungarian citizens in Swiss banks.
01/16/2013
The penalty of not complying with FATCA will be that the institutions need to impose a 30% tax on non-compliant transfers or payments.
01/15/2013
The suggestion that any 'publication’ through these proceedings would jeopardise an individuals
01/15/2013
Exchequer Secretary David Gauke says: ““HMRC set up the new Affluent Team from some of the £917m made available in 2010.
01/14/2013
Barclays has delayed its panel review planned for this summer by 12 months as the banking giant embarks on a plan to scrap its practice of reassessing law firm rosters on a two-yearly basis.