04/09/2013
MetLife hires Asia legal head from UBS
He succeeds Peter Cashin, who left his in-house role to join insurance firm Kennedys as a partner in Hong Kong.
Tax
04/08/2013
Hong Kong nets only small fry for laundering illegal Chinese money
His conviction is one of the few in Hong Kong for money laundering, despite the city's reputation as a hub in money transfers, both legal and illegal, carried out by wealthy Chinese.
04/08/2013
Credit Suisse, Julius Baer May Close Undeclared German Accounts
Switzerland, the world’s largest center for offshore wealth, is trying to shed its image as a haven for undeclared funds amid scrutiny from U.S. and European governments.
04/08/2013
Austria feels heat of EU's anti-bank-secrecy drive
The European Commission said Frieden's comments, made to a German newspaper, were a step in the right direction and that the ball was now in Austria's court.
04/07/2013
EU finance tax will devastate the City and damage economies, reports warn
The full impact of the tax on financial transactions imposed by the European Union can be revealed today as two major studies uncover the costs to economic growth and business expansion.
04/07/2013
Ex-Credit Suisse exec pleads not guilty in NYC
He is accused of distorting the value of mortgage securities in 2007.
04/07/2013
Luxembourg 'open' to bank transparency, Luc Frieden
Luxembourg is known for its highly secretive banking sector
04/07/2013
Swiss banks give German clients an ultimatum
German clients of two leading Swiss banks have been warned that they must either produce evidence of having paid their taxes
04/07/2013
Disgraced French budget minister lied to Swiss bank
A few months later Cahuzac changed the account into his name during a visit to Geneva
04/04/2013
Court Revives Ex-Wife's Suit Against Billionaire
She sued her billionaire ex, his companies and his brother in December 2009, claiming they used fraud to hide millions from her during the divorce and made a lot of his money from inside trading.
04/04/2013
Lehman Brothers deal slashes Swiss unit's claims by billions
Lehman Brothers emerged from bankruptcy a year ago but it is still working to resolve several outstanding legal battles
04/04/2013
Blackstone Profits From Regulation With Citigroup Deal
Regulators are overhauling the rules after the widespread use of the technique in the U.S. mortgage market contributed to the financial crisis by spreading risk from lenders to the so- called shadow banking sector.
04/03/2013
A Wall Street trader hoping to boost his £1m annual bank bonus admits to making a series of fraudulent trades
The CFTC accused Taylor of fabricating trades to conceal a huge, unauthorised position in e-mini Standard & Poor's futures contracts, which bet on the direction of the S&P 500 index.
04/02/2013
Master plan to develop Singapore into global IP hub
Intellectual property has become a key driver of economic growth globally.
04/02/2013
Winckworth Sherwood replaces senior and finance partners
Both previous finance partners resigned from their positions.
04/02/2013
Credit Suisse Says New York’s Fraud Suit Filed Too Late
The lender was accused of “multiple fraudulent and deceptive acts” in promoting and selling mortgage securities.
04/02/2013
James Hay sounds trail commission tax warning
HMRC is pushing ahead rapidly with the introduction of these changes.
04/02/2013
France's former tax tsar admits having undeclared Swiss bank account
François Hollande's former tax tsar begged for "forgiveness" after admitting to having an undeclared Swiss bank account for the past 20 years, as he was placed under formal investigation for tax fraud.
04/02/2013
Tax avoidance rules are causing chaos, say experts
Tax experts have warned that the Government’s efforts to introduce a blanket ban on tax avoidance are “utterly confusing” and causing “dangerous chaos” weeks before they are due to be introduced.
04/01/2013
ABN Amro are 'masters in tax avoidance': Volkskrant
ABN Amro, now fully owned by the Dutch state, is a little more forthcoming. It says the tax haven subsidiaries are connected to special investment funds and investments in ships and that there is 'no question' of tax evasion.