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HSBC-Stuart-Gulliver

HSBC bosses Stuart Gulliver and Douglas Flint apologise to MPs over Swiss private banking scandal

26/02/2015(0)
Stuart Gulliver, HSBC‘s chief executive and Douglas Flint, the embattled bank’s chairman, have apologised for “unacceptable” practices at its Swiss private banking arm. During questioning by the Treasury Select Committee, Gulliver ... Read More
citigroup-inc

Citigroup unit probed by more authorities over money laundering

26/02/2015(0)
Citigroup Inc (C.N) said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit. (Read more: International and regional bodies that combat money laundering ... Read More
bny-melon-logo

BNY Mellon in forex settlement talks with U.S., N.Y. – sources

25/02/2015(0)
Bank of New York Mellon Corp (BK.N) is in settlement talks with the U.S. Justice Department and New York attorney general over claims the bank defrauded clients in foreign ... Read More
hsbc logo

HSBC bosses to answer MPs’ questions

25/02/2015(0)
The chairman and chief executive of HSBC will appear before a panel of MPs today to answer questions about a tax scandal at the banking giant. Chairman Douglas Flint ... Read More
Gold-

Big Banks Face Scrutiny Over Pricing of Metals

24/02/2015(0)
U.S. Justice Department investigates price-setting process for gold, silver, platinum and palladium U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though ... Read More
hsbc logo

Swiss police raid HSBC’s Geneva office

18/02/2015(0)
Swiss police are searching offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering. Prosecutors said they are investigating HSBC Private Bank (Suisse) and “persons ... Read More
baker and mckenzie

Baker & McKenzie Advises J.P. Morgan And Macquarie On Steadfast Group Limited’s $300 Million Equity Raising

17/02/2015(0)
Baker & McKenzie has advised J.P. Morgan and Macquarie as joint lead managers of Steadfast Group Limited’s $300 million placement and accelerated non-renounceable entitlement offer to fund ... Read More
HSBC logo

FCA joins HSBC tax-dodging inquiry

17/02/2015(0)
The Financial Conduct Authority (FCA) says it is looking into the HSBC bank over its Swiss tax-dodging scandal. The move comes in the light of last week’s allegations that ... Read More
eCourt logo

Online court proposed to resolve claims of up to £25,000

16/02/2015(0)
Civil justice council calls for internet-based dispute resolutions system similar to eBay’s to be available within two years The UK justice system should receive a radical overhaul for the ... Read More
HSBC-Stuart-Gulliver

HSBC boss Stuart Gulliver apologies as tax avoidance row grows

16/02/2015(0)
Bank issues letter after allegations against Swiss private banking arm, saying it has ‘no appetite’ to deal with clients seeking to dodge tax HSBC has issued an apology as a ... Read More
Broker Cyprus TopFX