09/23/2012
“I want to reward people who put in a proper shift, not those who sit on a fortune; people for whom a bonus means a few extra quid at Christmas, not a million-pound windfall,” Clegg said.
09/23/2012
When the £290m fine for Libor-fixing was announced in June this year, Diamond was not found to be involved.
09/23/2012
The Financial Services Authority is proposing tough new powers to tackle banking malpractice in the wake of the Libor-rigging scandal.
09/23/2012
“It came to our attention that a substantial amount in three bank accounts in Dublin were way in excess of what was needed to run the nunciature."
09/23/2012
Cirencester legal practice expands
Wilmot’s managing partner Michael Grenfell said the move would support the firm’s expansion.
09/23/2012
"A wealth tax is a door we must leave shut during this legislature," Vanackere said of the 30 months before the centrist six-party coalition headed by Socialist premier Elio Di Rupo faces elections.
09/20/2012
The Investment Management Association (IMA) has issued industry guidance on enhanced disclosure of fund charges and transaction costs incurred by UK-authorised funds.
09/20/2012
If Reuters reports on Bafin come to pass, German banks will have until mid-2013 to meet Basel III requirements.
09/20/2012
Managers at Swiss bank UBS turned a blind eye when traders exceeded their agreed limits as long as the bank was making money from their deals, a lawyer for accused "rogue trader" Kweku Adoboli told a London court on Thursday.
09/20/2012
Britain's Financial Services Authority is publishing its recommendations for legal changes to Libor on September 28.
09/19/2012
UBS says cooperating with investigation
09/19/2012
The Directive’s requirements will be significant and its implications far-reaching for both EU hedge fund managers and (increasingly over time) non-EU hedge fund managers seeking to raise capital in Europe.
09/19/2012
A leading Dutch pro-paedophilia campaigner has made formal complaints of discrimination against Rabobank and ABN Amro for refusing to give him a bank account, the Volkskrant reports on Wednesday.
09/19/2012
Pi advised 168 clients to invest £6 million in Ucis and 362 clients to invest £20 million in structured products.
09/18/2012
“It is well known that merger is on Field Fisher Waterhouse’s agenda as potentially one way of achieving our ambitious growth plans and strategic objectives”
09/18/2012
UBS was aware of a $3.6bn (£2.2bn) black hole in trading accounts produced by the alleged rogue trader Kweku Adoboli six weeks before he was arrested, a court heard.
09/18/2012
Inheritance tax on property would be scrapped in exchange for a new mansion tax on large houses, under plans being considered by the Liberal Democrats.
09/18/2012
The Spanish government will keep a tax on the wealthiest in the 2013 budget as the country aims to cut its deficit down to 4.5% of the gross domestic product next year, reports Expansion in its Wednesday Internet edition, citing unidentified sources close
09/18/2012
Deloitte Touche Tohmatsu today announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending 31 May 2012, marking the network’s highest revenue ever.
09/18/2012
Despite having originally planned major wealth tax reforms, the French government is now resigned to the idea of merely re-establishing the previous wealth tax scale of between 0.55% and 1.8%, and to introducing a fiscal cap of 80% of income to accompany