Search Results for: Swiss bank
EU referendum: Seven Brexit myths debunked by economists
April 22nd, 2016
With so many unknowns going into the EU referendum, there have been plenty of claims and counter-claims being made about the impact leaving the union could have on the UK. Economists at Berenberg claim the debate has been “shrouded in myths, ...
FSMA updated its list of unauthorised investment firms in Belgium
April 19th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. ...
Commodity currencies at ten-month highs as oil boosts risk sentiment
April 19th, 2016
Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the U.S. dollar, drawing support from oil prices which stabilized from a slide and underpinned broad risk sentiment in global markets. The Australian dollar AUD=D4 rose to ...
Cyprus: 86 people on ‘Lagarde List’ have been sent tax notices
April 12th, 2016
The first leg of the Tax Department’s investigation into a list of deposits in Swiss HSBC bank in 2003 has been completed, with 86 individuals sent notices, tax czar Yiannis Tsangaris said on Monday. Speaking on state radio, Tsangaris ...
Revealed: the $2bn offshore trail that leads to Vladimir Putin
April 4th, 2016
A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin. An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy. Though the ...
AMF France warns against the activities of Binary Options Trading websites that are not authorised
March 28th, 2016
The Autorité des Marchés Financiers (AMF), the financial regulatory authority of France, has issued a press release to inform investors and public for Binary Options Websites offering their services in France without the necessary authorisation by AMF. Below is ...
Italian police open money laundering investigation of broker linked to HSBC
March 23rd, 2016
An Italian financial broker who worked on behalf of HSBC in the Swiss town of Lugano is under investigation for possible money laundering in a probe linked to a wider tax evasion case, an Italian finance police colonel told ...
Credit Suisse accelerates its restructuring
March 23rd, 2016
Tidjane Thiam, Chief Executive Officer of Credit Suisse, commented: “Our recent performance has highlighted further two key areas of challenge for Credit Suisse: – Our fixed cost base, and – Our scale in Global Markets in the Americas and ...
Goldman-1MDB Probe Zeroes In on Bond Deals
March 22nd, 2016
Investigation focuses on whether Wall Street firm misled investors when it sold securities issued by Malaysian fund U.S. authorities are investigating whether Goldman Sachs Group Inc. misled bondholders when the firm sold securities issued by a Malaysian government-investment fund that is at ...
FINMA reduces obstacles to FinTech
March 18th, 2016
The Swiss Financial Market Supervisory Authority FINMA has published a new circular facilitating video and online client identification. In addition to removing a number of unnecessary obstacles from its regulations, FINMA also supports the introduction of a new licensing ...
