02/29/2012
In April last year, HSBC Bank USA received summons from the US Internal Revenue Service (IRS) asking the entity to produce records with respect to US-based clients of an HSBC group company in India, the banking giant has said.
02/29/2012
Asset managers already using the Kii Hub solution include Aberdeen Asset Management, Jupiter Investment Management Group, Ignis Asset Management, Martin Currie Investment Management and Neptune Investment Management.
02/27/2012
The FSA says independent advisers will be able to use discretionary investment services, model portfolios, platforms and panels post-RDR as long as they are not the default solution and suitability is established for individual clients.
02/27/2012
In its release, the Foundation explains that although private net wealth in Germany is four times public debt, the state nevertheless does not sufficiently tax large wealth.
02/26/2012
In what has been described as a "gloves off" approach, HMRC will be launching the new task forces in the 2012/13 tax year, which begins April 6.
02/26/2012
The banks – including West LB, JP Morgan Chase and Dresdner Bank – lost more than £400m after they were duped into backing a series of bogus metal shipment trades by Rastogi's firm RBG Resources and related companies.
02/23/2012
Citigroup and UBS, in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest r
02/22/2012
The Conservative Member of Parliament for Wycombe is hoping to attract cross-party support for a new bill that will force bank directors, already under pressure over the size of their bonuses, to take personal liability for any losses suffered under their