Managers of Wealth

Commerzbank Can Appeal Dresdner Bonus Ruling: U.K. Court

“This is a major case for all the banks, which will affect what bank bosses can say about bonuses.”

German Authorities Investigate UBS Over Tax Evasion Claims

Finance officials in Mannheim, Germany, have launched an investigation into claims Swiss bank UBS helped Germans evade tax by transferring money out of the country, Stuttgarter Nachrichten reports.

Amanda Staveley accused of lying to protect £3m claim

Amanda Staveley, the financier who negotiated the multi-billion pound refinancing of Barclays, was branded a liar and unprofessional in a High Court battle over the sale of one of London’s most prestigious building.

George Osborne threatens big business with global tax crackdown

Britain has joined forces with Germany to declare war on taxdodging multinationals and called for an end to loopholes that have allowed them to siphon off billions in profits to tax havens.

Italian police seize castle in €65m tax probe

Italian police have seized assets worth €65m (£51.9m) in a tax probe involving the €5.3bn sale of fashion houses Hugo Boss and Valentino in 2007.

Complete transparency on charges needed: 7IM

The lack of transparency on investment charges is scandalous

Three reports slam Bank of England governance structure

The three reviews into the BoE's performance and capabilities were commissioned in May by the Court of the Bank of England, which manages the affairs of the bank but does not deal in monetary policy.

Ex-wife of millionaire banker admits looting paintings from stately home

The 12 works of art had been left on the walls of the house by a previous owner on the understanding they would remain in place and be looked after.

UBS trader in horse-race fixing probe

A SENIOR trader with troubled financial giant UBS is at the centre of a horse-race fixing probe.

Merrill Ordered to Pay Ex-Broker $1.2M in Flap Over Mishandled Sale

Merrill Lynch must pay roughly $1.2 million to a former broker who was wrongly blamed for mishandling a client's stock sale and fired, an arbitration panel ruled.

British banks face new crisis as a result of accounting rules

British banks are to be forced to raise tens of billions of pounds in fresh capital

Tax haven property markets thrive as political scrutiny grows

"The tax avoidance business is alive and well," tax adviser turned campaigner Richard Murphy told Reuters.

Wealthy Greeks Still Don't Pay Taxes

Average Greeks are reeling under the strict austerity measures passed in order to balance the country's budget. Top earners, on the other hand, continue to evade the tax man. Most of the self-employed in Greece significantly underreport their earning

Swiss President Hopeful On German Tax Deal

The agreement, which is similar to deals already ratified by Austria and Britain

JP Morgan sues London Whale’s boss

JP Morgan is suing the former boss of Bruno Iksil, the trader nicknamed the London Whale because of the size of the bets he made in helping to rack up a $6bn (£3.7bn) loss at the bank.

Ex-Credit Suisse Broker’s Wife Can’t Have Assets, Judge Says

The money in question totals $736,060, according to court records.

Serious Fraud Office made 'irregular' £400,000 payoff to chief executive

National Audit Office qualifies SFO's accounts over way Phillippa Williamson's voluntary redundancy was handled

Barclays struggles to escape Diamond's shadow

Two fresh inquiries into conduct are set to spark further fines, while third-quarter profits have been knocked by PPI mis-selling charge

Law firm acquisition strengthens Private Client Service team

The division is headed up by Alexandra Bartrope, who specialises in Wills, Probate and Estate Administration and Trusts.

UBS under investigation for possible manipulation of benchmark rates

It is believed that this is the first time that UBS has disclosed the investigation by MAS.

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