12/12/2012
The Securities and Exchange Commission today charged the manager of two New York-based hedge funds with conducting a pair of trading schemes involving Chinese bank stocks and making $16.7 million in illicit profits.
12/12/2012
German authorities investigate 25 Deutsche Bank staff, including co-chief executive Jürgen Fitschen, on suspicion of tax scam
12/11/2012
HSBC Holdings' Mexican branches had become so well-known to drug traffickers as the place to launder money that cartels began using special boxes to speed transactions, US prosecutors said.
12/11/2012
A mass brawl erupted at the Christmas party of a top City investment firm after a broker discovered his fiancée was cheating on him with a colleague, a court was told.
12/10/2012
Standard Chartered will pay more than $300m (£187m) to settle charges it violated US sanctions on Iran, Burma, Libya and Sudan.
12/10/2012
HSBC is expected to pay US authorities a record $1.9bn (£1.18bn) to settle allegations that its failure to enforce anti-money laundering rules left America's financial system exposed to drug cartels.
12/10/2012
It was probably the world’s most expensive lunch. When Fahim Imam-Sadeque, an investment manager, invited out a colleague it ended up costing him £1.7 million.
12/10/2012
UBS AG is expected to face a fine as early as this week that may surpass the record 290 million pounds ($466.6 million) Barclays Plc, the U.K.’s second-biggest bank, paid in June to settle claims it attempted to manipulate Libor.
12/09/2012
Employees who participated in the trust were asked to help fund a payment of at least a few hundred million pounds if they want to settle with Her Majesty’s Revenue and Customs
12/05/2012
Withers has hired partner Simon Michaels from Berwin Leighton Paisner for its wealth planning practice in Singapore
12/05/2012
It is the largest tax-evasion settlement in history, according to George Osborne,
12/05/2012
Some big companies take advantage of these loopholes to avoid paying millions of euros in tax
12/04/2012
The SFO has instructed 5 Essex Court silk Jeremy Johnson QC to defend a £200m damages claim brought by businessman Vincent Tchenguiz.
12/04/2012
By making the act of administrating Libor a regulated act, the FSA has proposed removing the British Bankers
12/03/2012
Emphasizing that no further concessions are conceivable, Widmer-Schlumpf stressed that Germany and Switzerland have already negotiated a "good and fair treaty,"
12/03/2012
Laws planned next year will also increase the range of information they must pass on to the Revenue team dealing with loopholes.
12/03/2012
This is the latest honor for the legal boutique firm, which was also recently awarded the 2012 Corporate Intl Magazine Global Award for the “Cross Border Law, Firm of the Year” in Florida.
12/02/2012
Lawyers for de Kassin filed a complaint on Thursday in a Manhattan federal court asking a judge to overturn parts of the ruling.
12/02/2012
France looks more like an old maid to me
12/02/2012
China's Huaxia Bank Co Ltd has blamed an employee at a Shanghai branch for selling a wealth management product without permission, after Chinese media said the product could not repay investors.