07/15/2012
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.
07/15/2012
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.
07/15/2012
Avon and Somerset police have charged four people with money laundering offences in relation to suspicious transactions at Rowan Dartington.
07/15/2012
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.
07/12/2012
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.
07/12/2012
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.
07/12/2012
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.
07/11/2012
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.
07/11/2012
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.
07/11/2012
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.
07/11/2012
Finance Watch gave evidence to the House of Lords Sub-committee on 29 May 2012.
07/11/2012
Some 16 banks contributed to the setting of dollar Libor rates in 2008, the period at the centre of investigations.
07/11/2012
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.
07/10/2012
The investments averaged about 500,000 euros with individual cases of 12 million euros and more, the newspaper said.
07/10/2012
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
07/10/2012
It has decided to object to the acquisition by Ewa Karczewska of at least 70% of the issued share capital of Think Finance.com.
07/10/2012
The traders, named as Christian Schluep and Paul Robson by sources, are thought to have been suspended two weeks ago on questions of their action when they worked at the Dutch bank.
07/10/2012
In legal proceedings filed at the U.K. High Court in London on Monday, Vervoer claims GSAM was negligent in its role as fiduciary manager on two occasions, according to sources familiar with the case.
07/10/2012
She was head of private client services at BPE Solicitors in Cheltenham for eight years.
07/10/2012
The newspaper referred to so-called Bermuda products designed as insurance-style instruments to avoid tax.