01/30/2012
Switzerland has been lobbying for a year to get the investigations dropped in return for the payment of a hefty fine and the transfer of names of thousands of U.S. bank clients suspected of dodging taxes.
01/30/2012
Jason Green, who led Stanford Group’s private-client group, cited the loss while being cross-examined by the defense on the fifth day of Stanford’s investor fraud trial in federal court in Houston.
01/30/2012
Research to be released today by the Centre for the Study of Financial Innovation and PwC paints a grim picture of banking worldwide -- describing the system as sad, gloomy and "in peril" -- but also surprisingly reveals that Australian banks ar
01/27/2012
In the sober world of auditing, discretion is key.
01/26/2012
Swiss Private Bank agrees to sale amid U.S. Tax-Evasion crackdown
We are determined to see the legal negotiations through to the end. At the same time, it is our duty to guarantee our clients and staff the greatest possible security.
01/26/2012
Tan Chi Min, previously the head of delta trading with RBS's global banking and markets division in Singapore, late last year commenced a suit against the bank after his employment was terminated in November last year.
01/26/2012
The CCO Forum agenda has been specifically tailored to address the unique needs of Middle Eastern institutions, including Islamic banking structures as well as sovereign wealth funds, family offices and takaful insurance.
01/26/2012
“Merrill Lynch specifically designed this bonus program to bypass FINRA’s rule requiring firms to arbitrate disputes with employees, and purposefully filed expedited collection actions in New York State courts and denied those registered repre
01/26/2012
“It is highly damaging to market confidence when privileged shareholders commit market abuse, and the high penalty reflects the seriousness of his breach.”
01/25/2012
Nathaniel Rothschild has begun a libel action against Associated Newspapers
01/24/2012
Mr Fingleton moved the €500,000 to an account in his name at the Atlas Mont Bank in Podgorica, Montenegro, in November 2010.
01/24/2012
Redknapp was accused of paying two untaxed payments from Mandaric of £189,500 into the account shortly after Crouch's transfer.
01/22/2012
UBS spokesman Serge Steiner said the bank hasn’t handed over “institution-specific” information to the U.S., according to the report in today’s newspaper.
01/19/2012
PricewaterhouseCoopers Regains Leadership Position In 2011
01/19/2012
It also led to the suicide of a Singapore warehouse manager, who was a star witness in the case and an employee of the warehousing company Fujitrans (Singapore).
01/18/2012
The misconduct was revealed during the course of an SEC examination, minimizing investor harm.
01/17/2012
The updated criteria report takes into consideration the changes reflective in the Takaful market, particularly regarding the increasing development of the regulatory framework within certain countries and the key issues relating to Takaful operating stru
01/16/2012
Another difference under the new law is that the taxpayer must report any controlled transaction to the tax authorities and must supply supporting documentation to confirm the price reported. Previously, the burden of proving that an unfair price had been
01/13/2012
Switzerland has already agreed to allow tax evasion investigations with countries including the United States and Germany, and struck deals with Germany and Britain to enable them to claw taxes back from their nationals.
01/12/2012
Five men have been arrested on suspicion of fraudulent transactions from accounts held at Bristol-based stockbroker Rowan Dartington