08/19/2012
French financial groups big and small, from advisory firms and private equity houses to big banks like Societe Generale, are looking at London as a possible shelter from a new 75 percent tax rate on top French earners, bankers say.
08/19/2012
Sir Nigel Rudd, a former director of Barclays, has accused the Treasury Select Committee of attacking the integrity of Bob Diamond, the bank's former chief executive.
08/19/2012
“It is imperative that any businesses in this position are allowed to put their swap deal into a suspense account while the review is undertaken,” said Mr Bebb.
08/19/2012
The Tax Incentivised Savings Association (Tisa) last week said some of its members had raised concerns about how long it will take them to update their systems so they can facilitate RDR-style rebates from funds. After the RDR, these rebates will consist
08/16/2012
The month will also see Standard Life taking on its first FTSE company as part of the first phase of pensions auto-enrolment.
08/16/2012
The German government's deal with Switzerland to open up its famously secret bank accounts to the taxman is the result of public outrage after the 2008 financial crash and months of negotiation that followed.
08/16/2012
He wants the deal declared invalid, or damages equal to the cost of unwinding it -- about 18.7 million pounds.
08/16/2012
Assange, an Australian national, has been in the embassy since June in a bid to avoid extradition to Sweden, where he faces questioning over sex assault claims.
08/16/2012
The removal of the Cyprus-based schemes is significant because Cyprus is an EU member and it had been widely believed that schemes within the EU were out-of-reach of HMRC.
08/16/2012
The Bank of England, which will soon take over many regulatory responsibilities from the FSA, and the chancellor have also made their concerns clear.
08/16/2012
David Sproul, its chief executive and managing partner, said: “Last year we took the decision to invest heavily in people and skills.
08/15/2012
When asked how many of the FSA’s senior directors and board members had level four or equivalent, how many were chartered and have a master’s degree in finance, the FSA responded that fewer than 10 senior directors held any of those qualificat
08/15/2012
The scandals reveal the complicity of the regulators including the Financial Services Authority (FSA) and the Bank of England (BoE), and successive governments which act as the protectors of those financial gangsters.
08/15/2012
The amount of tax these 20 alone are said to have avoided would pay the salaries of 25,000 nurses for a year
08/15/2012
Foreigners in the debt-burdened European country will now find it easier to apply for a tax break.
08/15/2012
Byrne has advised Capco on a number of transactions over recent years, notably its joint venture with entities owned by Hong Kong's Kwok family to develop a 7.5 acre site in London's Earls Court in 2011.
08/15/2012
In a blow to smaller firms that get the bulk of their business from third parties, the loophole in the new rules states that execution-only and discount brokers will still be able to take trail if they buy directly from fund groups.
08/14/2012
Neil Caddy, who advises financial institutions on acquisition financings and restructurings, joined Mayer Brown as a partner from Allen & Overy (A&O), where he was an associate, in February 2010 (1 February 2010).
08/14/2012
The defence statement was compiled by 3VB’s Adrian Beltrami QC, instructed by Matthew Arnold & Baldwin partner Clare Stothard, for Barclays.
08/14/2012
The New York firm fielded a cross-border team led by corporate partners Paul Shim and Simon Jay, based in the New York and the London offices respectively.