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swiss banks

Swiss Lawmakers Revise FATF Bill

27/06/2014(0)
The Swiss National Council has adopted a bill to implement the revised Financial Action Task Force Recommendations, albeit with significant modifications that some lawmakers fear could put Switzerland at ... Read More
alibaba3

Alibaba chooses New York Stock Exchange over Nasdaq

27/06/2014(0)
The Chinese online retailer, Alibaba, will list its shares on the New York Stock Exchange (NYSE), rather than on the technology focused Nasdaq. Alibaba, which handles more than 80% ... Read More
argentine

Argentina Tests U.S. Court Order by Posting Interest Payment

27/06/2014(0)
Argentina is challenging U.S. Courts to enforce a ruling that will block $539 million of an interest payment and trigger a new bond default. Economy Minister Axel Kicillof said ... Read More
oil

Symmetry between prices of gold and crude oil coming apart

27/06/2014(0)
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both ... Read More
gas

Ofgem puts big six energy suppliers under investigation

27/06/2014(0)
The energy watchdog, Ofgem, fired the starting gun on Thursday on the biggest investigation yet into the energy market by referring the much-criticised power industry to the Competition and ... Read More
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Flaw found in PayPal two-step security

26/06/2014(0)
Researchers have discovered a hole in an extra security measure used by PayPal, the eBay-owned payments company, to protect customers’ online accounts. Duo Security, a Michigan-based cyber security company, ... Read More
SUPREME_COURT_US

Supreme Court enshrines privacy of smartphones

26/06/2014(0)
US police must obtain a warrant to search a suspect’s smartphone after the Supreme Court ruled on Wednesday that constitutional privacy protections apply to the often extensive data people ... Read More
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Google Removes Search Results in Wake of EU Privacy Case

26/06/2014(0)
Google Inc. (GOOGL) has started removing some search results in the European Union after an EU court told it last month to respond to requests by people seeking the ... Read More
HMRC1

Small business bill: HMRC to share VAT data with credit agencies

26/06/2014(0)
Under the guise of increasing access to finance, the government brought forward proposals to make VAT registration data available to third parties in the Small Business, Enterprise and Employment ... Read More
regions financial

Regions Financial to pay $51 mln for alleged accounting misdeed

26/06/2014(0)
Regions Financial Corp, a large U.S. southeast regional bank, agreed to pay $51 million to settle federal and state allegations it failed to account properly for souring commercial loans ... Read More
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