HSBC walks U.S. regulatory tightrope over $10 billion of 'trapped' capital
By Lawrence White | LONDON
Britain's HSBC is seeking to release billions of dollars of capital tied up in the United States without upsetting the country's politicians and regulators, senior sources at the bank said.
HSBC, which has been in...
US moves against money laundering group with Irish links
The United States has moved against what it describes as a major international money laundering network which has operations based in Ireland.
The PacNet group, a Canadian international payments processor, was allegedly clearing money based on scams ...
Former finance minister arrested in Brazil
By: Joe Leahy in São Paulo
Guido Mantega accused of soliciting bribe from businessman Eike Batista
Brazil’s former finance minister Guido Mantega was arrested for questioning by federal police early on Thursday as part of investigations ...
EU chief calls on ex-commissioner to explain undeclared offshore role
By Jennifer Rankin in Brussels and Juliette Garside
Jean-Claude Juncker wants clarification from under-fire Neelie Kroes following Bahamas leaks about directorship
Jean-Claude Juncker has called on former EU commissioner Neelie Kroes to explain ...
How to hide it: inside the secret world of wealth managers
By Brooke Harrington
They know more about their clients than the clients’ own wives. They
are loyal in the face of appalling behaviour. They are the brains behind
the most ingenious tax avoidance schemes. And there are more of them