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Britain’s bank tax jump threatens to push HSBC, StanChart to new home

April 20th, 2015 (0)
HSBC and Standard Chartered are looking at the viability of quitting London for a new home in Asia because a big jump in a tax on UK banks makes staying in Britain increasingly painful. Several investors told Reuters they ...

Swiss Private Bank BSI SA Admits Aiding U.S. Tax Cheats, Will Pay $211 Million

March 31st, 2015 (0)
In a deal with U.S. prosecutors, Swiss private bank BSI SA agreed today to pay a $211 million penalty and hand over leads on more than 3,000 accounts with U.S. ties, as well as the actual names of an ...

Greece will stay in euro: Barroso (Video)

March 23rd, 2015 (0)
Greece will remain in the euro zone as long as Athens is willing to compromise, the former president of the European Commission told CNBC, noting this is what most Greeks desire. “I believe we should be flexible with Greece, ...

SafeCharge announced Record Financial Results

March 17th, 2015 (0)
SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, announced its maiden preliminary results for the full year ended 31 December 2014. Financial highlights Revenues up 78% to US$76.9 ...

World’s First Self-Directed, Gold-Backed Currency Mechanism

March 17th, 2015 (0)
Global Payout, Inc. (OTC Pink: GOHE), a leading provider of international electronic payment solutions, announced today that it has completed the formation of a joint venture that will launch the world’s first, self-directed, and gold-backed currency hedge mechanism in ...

Varoufakis’ 6 reforms: 3 for humanitarianism + 3 for tax

March 4th, 2015 (0)
Greek Finance Minister Yanis Varoufakis is heading to the Eurogroup meeting of the euro area’s finance ministers on Monday with six proposals aimed at appeasing them. In an effort to reach a compromise, he is pulling back the proposal ...

Yanis Varoufakis: “We will never leave the euro”

February 27th, 2015 (0)
Finance Minister stresses that “for the first time we are becoming the authors of our future” The Minister of Finances Yanis Varoufakis stated that the recent Eurogroup agreement was a major success, in an exclusive interview he gave to Giorgos Padadakis on ANT1. Mr. ...

Greece ‘may go elsewhere for new deal on debt’

February 10th, 2015 (0)
The Greek defence minister has said Greece could turn to the US, Russia or China if it fails to reach a new debt agreement with the eurozone. Panos Kammenos, who heads the junior coalition partner Independent Greeks, said Greece ...

Athens prepares a compromise before Eurogroup

February 10th, 2015 (0)
Plan entails ‘bridge program’ to September, possible use of loan tranche Government sources Monday gave a preview of the proposal planned for Wednesday’s crucial Eurogroup summit, foreseeing a bridge program linking to a “new deal” with creditors that would ...

Wieser-Costello: They came, they saw, they left

February 9th, 2015 (0)
Euroworking group chief Thomas Wieser and European Commission representative Declan Costello have departed on Monday morning from Athens, after their visit in the Greek capital which lasted only for a few hours. Two days ahead of the extraordinary Eurogroup ...
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