Search Results for: Swiss bank
UBS to cut several dozen wealth management jobs: sources
November 2nd, 2016
UBS will cut several dozen jobs at part of its private bank, three sources familiar with the matter told Reuters, part of a previously announced organizational restructure. The Swiss bank told staff in May it was rejigging its flagship ...
Standard Chartered faces sanctions over Hong Kong flotation
November 1st, 2016
Standard Chartered has become ensnarled in another regulatory problem after admitting it faced potential sanctions from the Hong Kong authorities over its handling of a stock market flotation. As the London-listed bank reported its third quarter results, it admitted that ...
Switzerland’s Supreme Court Permits Dutch Tax Info Request
September 22nd, 2016
Switzerland’s Supreme Court has overturned the decision of a lower court preventing information on bank accounts held by Dutch citizens with UBS to be sent to the Netherlands tax authority. Upholding an appeal by a Dutch client of Swiss ...
Industry Experts take to stage for Fintech EUROPE London 2016
September 20th, 2016
Managers of Wealth (MoW) event FinTech EUROPE 2016 is to be held in central London on 27 October, 2016. The speakers represent many industry leading organisations and have extensive experience which contributes to their interesting, stimulating and insightful topics ...
Here’s How Europe Implodes, Part 1: Italian Junk Bonds And The End Of Austerity
September 12th, 2016
The “whatever it takes” economy is progressing nicely around the world, with governments and central banks doing things that no 20th century economist would have viewed as possible, let alone wise. Now the question becomes, where does this ...
An online legal document provider is expanding into Europe
September 8th, 2016
An online legal document provider is expanding into mainland Europe after persuading more than 200,000 people in the UK to sign up for the service. US-based Rocket Lawyer, which founded four years ago in the UK, will launch in ...
Low tax Zug aims to become Switzerland’s ‘Crypto Valley’
September 8th, 2016
Zug town hall now accepts bitcoin More than a dozen crypto currency firms operating there so far Government looking at changing regulation to attract more firms The small Swiss canton of Zug, famed for the low taxes that have ...
CFTC charges Forex broker FXCM with Undercapitalization
August 19th, 2016
The CFTC Complaint, filed on August 18, 2016, alleges that FXCM, as an RFED in the business of offering or engaging in retail off-exchange foreign currency transactions, was required to maintain adjusted net capital of approximately $25 million on ...
Greek Government Reports Nearly EU 1 Billion in Tax Evasion Fines, Asset Seizures
August 3rd, 2016
The Government of Greece has opened hundreds of tax-evasion cases against citizens suspected of hiding assets outside of country borders, already assessing some EU 810 million in fines from suspected scofflaws, according to Special Financial Prosecutor Panagiotis Athanasiou. The government, which began ...
Europe expected to retreat at open
August 2nd, 2016
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX 600 was down 0.71 percent. The banking sector was once again ...
