12/30/2011
AN expatriate Australian businessman accused of fleeing Australia to avoid prosecution for tax evasion has compared himself to fugitive French film director Roman Polanski and actor Paul Hogan.
12/30/2011
More than $3.2 billion involving shell companies and high-risk transactions with foreign financial institutions flowed through the bank’s New York branch, according to court documents filed at the time.
12/29/2011
The UK will have to work increasingly hard next year to make sure it has its say on a number of incoming European financial regulations, the Investment Management Association says.
12/29/2011
A mass of documents assembled by a whistleblower at Bank of New York Mellon have offered a glimpse into how the bank responded to allegations from US authorities that it defrauded customers of hundreds of millions of dollars.
12/29/2011
U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more commonly used against drug smugglers, money launderers and Imelda Marcos, widow of the Philippine dictator.
12/28/2011
Shele Danishefsky Covlin, 47, a UBS wealth manager, was found dead in her upper West Side bathtub on New Year’s Eve 2009.
12/28/2011
Among the company’s Swiss clients believed to be affected by the hacking operation are employees of Swiss banks UBS and Julius Bär...
12/28/2011
His story is exemplary of the whistleblower-like firings and resignations that have graced headlines since the days of Enron.
12/28/2011
The Bank violated a U.S. regulation known as SHO
12/28/2011
The Securities and Exchange Commission is cracking down on hedge fund fraud, and the first places they're looking are the firms that seem to be doing a little too well.
12/26/2011
A Christmas card with a difference has been sent to Liberal Democrat ministers and spokesmen: a prompt card listing key points they must make in every media interview.
12/26/2011
Faced with a number of cases of denial of secret foreign bank account holdings, the Income Tax department has decided to re-open past tax returns of such individuals in Mumbai and Delhi among others, in order to unearth black money stashed abroad.
12/08/2011
If Republicans want to put the Democrats' "tax fairness" canard to rest, they ought to push for a tax hike on the 'super rich' -- but not on the rich.
12/05/2011
Judge Malcolm Wallis, who wrote the judgment, with four other judges concurring, found that Acting Judge AJ de Vos had erred in rejecting the FSB application.
12/05/2011
Pierre Lagrange, a co-founder of GLG Partners Inc., said in a complaint filed yesterday in Manhattan federal court that he paid $17 million for a painting called "Untitled 1950" from Knoedler in November 2007 that the gallery said was by Pollock
11/30/2011
Soured deals struck with wealthy clients are haunting Citigroup Chief Executive Officer Vikram Pandit.
11/29/2011
In 2004, Muston had set up a £200,000 trust fund through an IFA in Birmingham, which was later taken over by Barclays Wealth. Aviva, the fund provider, then paid an initial commission of £5,000 to the IFA.
11/29/2011
Swiss banks need to know what the U.S. is accusing them of to be able to negotiate a solution, Nicolas Pictet, president of the Swiss private banking association and a managing partner at Pictet & Cie. told Aargauer Zeitung in an interview.
11/28/2011
The Greens have been riding high in opinion polls and could be well-positioned to form a coalition with their preferred partners, the centre-left Social Democrats (SPD), or Chancellor Angela Merkel's conservatives (CDU/CSU).
11/25/2011
Earlier this year, Sars announced that only 360 individuals earning more than R7-million a year, or with assets in excess of R75-million, were registered to pay tax.