09/01/2011
Banks in Europe are exploring ways to cut costs by routing more of their trades and other business through overseas subsidiaries, a plan that may shift tax revenue away from London and loosen European regulators’ influence over the lenders.
08/16/2011
The Financial Reporting Council (FRC), the organisation responsible for corporate reporting and governance, claims that PricewaterhouseCoopers (PwC) failed to report adequately on JP Morgan's compliance with UK rules to protect the investment bank
08/16/2011
Credit Suisse, the second-largest bank in Switzerland, has too much to lose by fighting the Justice Department and risking indictment, said lawyers not involved in the case.
08/15/2011
Credit Suisse, the second-largest Swiss bank, has too much to lose by fighting the Justice Department and risking indictment, said lawyers not involved in the case.