Deutsche Bank boosts finances with new capital
May 19th, 2014
Deutsche Bank AG says raising 8 billion euros ($11 billion) in new capital from investors will strengthen its finances as it faces tighter regulation and uncertain costs from litigation. Co-CEO Anshu Jain told analysts Monday that the fresh capital ...
Corporate tax rates table
May 16th, 2014
The following table indicates all corporate tax rates in percentage for a number of countries worldwide. Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Country % % % % % % % % % % Afghanistan ...
Deutsche Bank’s Birmingham legal team is growing
May 16th, 2014
Deutsche Bank has appointed a new head of legal for its Birmingham office, charged with growing the department’s size and the range of business-critical advice it provides to the bank across Europe, Asia and Africa. Jonathan Marshall joined the ...
Clifford Chance, Eversheds and Allen & Overy triumph at Middle East awards
May 16th, 2014
Clifford Chance (CC), Eversheds and Allen & Overy (A&O) were the main law firm winners at the third annual Corporate Counsel Middle East Awards last night (15 May), which saw CC named International Law Firm of the Year, while ...
Election results boost India stocks to another record high
May 16th, 2014
India’s benchmark index surged to a record high Friday after initial election results suggested a sweeping victory for Narendra Modi and the pro-business Bharatiya Janata Party. Investors reacted to the news with marked enthusiasm, sending Mumbai’s Sensex index up ...
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
Bitcoin consumer platform debuts at Circle
May 16th, 2014
Starting Friday at 5:30 a.m. ET, Bitcoin start-up Circle is launching a Web platform that will allow consumers to purchase Bitcoin in any amount they choose and then use that Bitcoin to spend on online shopping, at restaurants and ...
High Court dismisses JR on unfair dismissal cap
May 15th, 2014
The High Court has dismissed a request for a judicial review challenging the newly introduced cap of one year’s salary in compensation for unfair dismissal. The cap came into force on 29 July last year under the Unfair Dismissal ...
ASIC issues penalty fine
May 15th, 2014
The Australian Securities and Investments Commission (ASIC), issued two infringement notices for misleading statements in Product Disclosure Statements (PDS) for two investor funds the company manages as responsible entity for Australian Mutual Holdings Limited (AMH) which must pay $20,400 in ...
Tax Reform Is Not a Fantasy
May 15th, 2014
U.S. companies are stockpiling a record amount of foreign earned profits abroad, roughly $2.1 trillion. The amount of cash held overseas by U.S. multinationals is up 93 percent since 2008. And Uncle Sam receives a near-zero return on foreign ...
