03/10/2014

Global Debt Exceeds $100 Trillion as Governments Binge, BIS Says

The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates

03/10/2014

Why Bitcoin Isn't Dead Yet

The digital cryptocurrency which may or may not have been founded in 2009 by a 64-year-old Japanese recluse — was hit by the biggest challenge it's faced so far when Mt. Gox, the world's largest bitcoin exchange.

03/07/2014

Sovereign Wealth Fund Forum Relocates to London

The Investment Management Association – the trade body for the UK’s asset management industry – has welcomed the news that the International Forum of Sovereign Wealth Funds is to relocate its Secretariat in London

03/06/2014

Banks pay out £482m for mis-sold rate swaps

Britain’s biggest banks have now paid out £482 million in compensation to small firms that were mis-sold complex interest rate hedging products, according to the City regulator.

03/06/2014

Budget prediction​s - Baker Tilly

In this edition of Baker Tilly’s weekly round-up of the most important tax news, we look ahead to what might be in the Chancellor’s Red Box on Budget Day.

03/05/2014

The ongoing ethics struggle of banks

The Swiss Bank Employees Association has told an uncomfortable truth: it was “generally known” that for many years some of their employers profited from customers’ “tax evasion.”

03/03/2014

Another fine mess

Hypo Alpe Adria the name suggests a small, exotic bank.