08/13/2012
Washington, however, must factor forthcoming elections into its thinking, and Germany is delaying ratification of a tax deal key to Switzerland's efforts to strike similar agreements elsewhere in Europe.
08/13/2012
The event attracts local luminaries such as musician Paul Simon and hedge- fund managers and their families from nearby Greenwich.
08/13/2012
Porsche SE, a holding company, whose carmaking business in now owned by Volkswagen, said late on Wednesday it continued to believe the damage claims were without factual and legal merit, adding it would appeal against the decision.
08/12/2012
The bank doesn't provide tax services to clients, UBS spokesman Dominique Gerster told Dow Jones Newswires.
08/12/2012
The hedge fund, WCG Management, sent an email to its investors on Sunday informing them that the $3.4 billion fund is not under investigation in the Libor probe, but confirmed that portfolio manager Ryan Reich has drawn scrutiny from U.S. prosecutors.
08/12/2012
JPMorgan Sued by Israel’s second-biggest bank
Jennifer Zuccarelli, a spokeswoman for JPMorgan, didn’t immediately respond to an e-mail seeking comment on the suit.
08/12/2012
The US, UK, France, Germany, Italy, and Spain have jointly issued drafts of two versions of model agreements implementing FATCA through a process of intergovernmental information exchange (the “Model Agreements”).
08/09/2012
Patricia Perez-Coutts said in a statement Thursday that she and her new employer, Westwood Management Corp., will fight the allegations of breach of contract in court.
08/09/2012
The FINRA/CISI MoU will ensure that relevant FINRA members holding the Series 7 – General Securities Representative Examination -- will be able to maintain or achieve authorisation as Retail Investment Advisers in Securities and/or Derivatives from
08/08/2012
#Western Europeans may pull as much as $139 billion, or 15 percent of their holdings, from Swiss banks, said Herbert Hensle of Cap Gemini. Bank Sarasin & Cie. AG reported last week that private clients withdrew 3 billion francs from Swiss locations in
08/08/2012
US prosecutors have offered several former junior UBS employees protection from criminal charges in exchange for their cooperation with their expanding probe into alleged Libor manipulation, according to reports.
08/08/2012
The bank also said he may have lied on credit agreements when he portrayed $33 million in real estate and $65 million of antiques and artwork as his property alone.
08/08/2012
Among those charged were the firm’s chairman, Peter Zuck, 62, of Middletown, whom the state said also was a three-time convicted criminal.
08/07/2012
Auditor Deloitte has rejected claims it helped Standard Chartered hide $250bn (£161bn) of illegal Iranian transactions in the latest scandal to embroil the industry.
08/06/2012
Standard Chartered has firmly rejected claims that it “schemed” with Iran to conduct secret transactions worth $250bn (£160bn). Here is its statement in full.
08/06/2012
Heinz and Welty are charged along with Peter Ghavami, the former head of UBS’s municipal-derivatives group, with conspiracy to defraud municipal-bond issuers and U.S. tax authorities by fixing the prices on the investing agreements.
08/06/2012
The insider-trading case against Galleon Group co-founder Raj Rajaratnam was sparked by information from Khan.
08/05/2012
It also wants a deal to shield the remainder of its 300 or so banks from U.S. prosecution.
08/05/2012
A spokesman for the Swiss Federal Tax Administration confirmed that a request for administrative assistance had been made by the fiscal authorities in the U.S. last month.
08/05/2012
The ruling is a blow to Canada's second-largest bank, which is embarking on an aggressive expansion plan in the U.S., including into the sunshine state of Florida, a second home to many snowbird Canadians.