Search Results for: SME
UK banks face break-up threat as competition probe launched
November 6th, 2014
Britain’s big banks could be broken up after the country’s competition watchdog launched a full-blown investigation into services for small business customers and personal accounts because of a lack of competition. It marks the latest step by authorities to break the dominance of ...
Russian Billionaire Tied to Putin Is Focus of Inquiry
November 6th, 2014
A billionaire Russian businessman known to have ties to President Vladimir V. Putin of Russia and a company the businessman controlled have been the focus of a federal investigation into money laundering and oil trading, according to documents and ...
Sterling Lads Chats Show FX Traders Matching Fix Orders
October 30th, 2014
“Any fix quid?” a currency trader at Barclays Plc asked a counterpart at HSBC Holdings Plc at 2:25 p.m. on June 23, 2011. “Get 50 cable on fix,” he said as he tried to sell British pounds. “Nothing as ...
Asia stocks dip, dollar well bid on Fed’s optimistic tone
October 30th, 2014
Asian stocks were mostly lower and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of hawkishness. ...
DGCX launches to new pairs of Mini Indian Rupee Futures
October 30th, 2014
The Dubai Gold and Commodities Exchange (DGCX), which has commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East., announced the launch of two new pairs of ...
European Court Rules Against Italy’s Gambling Tax Rules
October 29th, 2014
The European Court of Justice has ruled against Italian gambling tax legislation, which taxes winnings from games of chance that are obtained in other EU member states but exempts such winnings obtained in Italy. The Court said that by ...
Calls for PM Abe to Delay Sales Tax Increase
October 27th, 2014
A top Japanese government official said Prime Minister Shinzo Abe should delay a planned sales-tax increase, the strongest sign yet that economic weakness is causing concern among those close to the premier ahead of the difficult tax decision. “I ...
Italy uncovers EUR 1.7 bn vast corporate fraud
October 22nd, 2014
Italy’s financial police on Tuesday said they had broken up a ring of companies they believe used false accounting to defraud the state out of 1.7 billion euros ($2.2 billion) of tax. “The illegal activity has led, over the ...
Speaker of Alabama House arrested on Corruption Charges
October 21st, 2014
Michael G. Hubbard was charged with 23 felony counts, including voting for legislation in which he had a conflict of interest and using his public office for personal gain. The speaker of the Alabama House of Representatives, Michael G. ...
ICAEW fines member for improper tax claims
October 17th, 2014
An ICAEW member was severely reprimanded and fined £32,500 for submitting and later amending a personal self assessment tax return that he knew included improper claims against self employed income, or should have known he could not claim those ...
