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German bank under fire in Florida and at home

Deutsche Bank was a heavyweight financial player during the American mortgage meltdown and its aftermath: empty and neglected properties that blight local neighborhoods.

Committee to grill regulator, Barclays executive

Del Missier is said by Barclays to have misinterpreted a message from Diamond and told the bank's staff that the Bank of England had sanctioned them submitting lower rates to massage down the London Interbank Offered Rate, or Libor, the rate that und

Ulster Bank seeks regulation from UK

The move, if it goes ahead, is understood to be motivated by new European Union bank solvency regulations, due to come into effect next year, which will oblige the funding of Ulster Bank by its British parent Royal Bank of Scotland (RBS) to be capital-bac

German state buys Swiss data to track tax frauds

It can be assumed that these customers avoided paying large amounts of tax, the paper said.

Banking industry in new row over paid for current accounts

Britain's banking industry is facing fresh questions over the way it operates with new figures showing a major rise in the number of people paying ever increasing fees for their bank accounts.

German tax officials target clients of British private bank Coutts' Swiss unit

The Financial Times Deutschland reports that officials in the western state of North Rhine-Westphalia paid 3.5 million for a CD containing the names of some 1,000 rich German clients.

Four charged over Rowan Dartington transactions

Avon and Somerset police have charged four people with money laundering offences in relation to suspicious transactions at Rowan Dartington.

Libor scandal: FSA chief Lord Turner to face MPs over rate abuses

Lord Turner, head of the Financial Services Authority, is today expected to be criticised by MPs for being slow to react to Libor abuses which American regulators picked up nearly five years ago.

Barclays' Diamond turns to top lawyer for Libor scandal

More than a dozen current and former employees of several large banks under investigation have hired defence lawyers over the past year, but Levander's role is one of the most high-profile.

German and French authorities raid Swiss banking majors

Last year Credit Suisse paid €150 million ($183.83 million) to German tax authorities to settle an inquiry over allegations the bank and its employees helped Germans dodge tax.

Libor scandal ripples across the Atlantic

Both have been called to testify before the Senate Banking Committee on the scandal surrounding Libor, a measure of the cost of money that is used as the basis for more than £200 trillion in loans.

European tax probes are headache for Swiss banks

At the same time, German newspaper the Handelsblatt has reported that up to 7,000 Credit Suisse clients are being targeted by a separate tax evasion investigation in Germany.

German prosecutors investigate Morgan Stanley banker

Notheis, 44, who ran Morgan Stanley's operations in Germany and Austria for more than three years, was granted leave of absence by the bank last month following an uproar over emails he reportedly exchanged with Mappus.

UBS In Bordeaux Said To Have Been Raided In French Tax Probe

The charges were the first brought in the probe, which was opened in April after a preliminary inquiry by the French customs service into a February 2011 complaint by the Prudential Control Authority, France’s banking regulator.

House of Lords report on MiFID

Finance Watch gave evidence to the House of Lords Sub-committee on 29 May 2012.

Here Are The 16 Banks Under Investigation Over The Libor Scandal

Some 16 banks contributed to the setting of dollar Libor rates in 2008, the period at the centre of investigations.

Ex-SJP adviser Carron wins Mail on Sunday libel case

A former St James’s Place adviser has been awarded “substantial damages” and legal costs after the Mail on Sunday newspaper alleged the adviser had stolen £5m from clients.

Credit Suisse German Clients Homes Raided by Tax Agents, HB Says

The investments averaged about 500,000 euros with individual cases of 12 million euros and more, the newspaper said.

Clifford Chance advises under-fire Barclays on Libor probe

The firm has advised alongside US firm Sullivan & Cromwell on Barclays’ internal investigation into its Libor submissions, with the news following the bank’s record £290m fine from the FSA, the US Commodity Futures Trading Commission

FSA blocks acquisition over adviser’s ‘lack of honesty'

It has decided to object to the acquisition by Ewa Karczewska of at least 70% of the issued share capital of Think Finance.com.

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