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"Do As I Say, Not As I Do" HSBC"s "Reforming" CEO Sheltered Millions In Swiss Bank Accounts

Oops! Amid new money-laundering allegations against HSBC's Swiss arm, The Guardian reports that leaked files show that CEO Stuart Gulliver sheltered US$7.6 million in a Swiss account through a Panamanian company. While a spokesperson for the bank said tha.....»»

Category: blogSource: zerohedgeFeb 23rd, 2015

ECB Accounts Show Buying Sovereign Debt Was Only Adequate Option - Bloomberg

Irish ExaminerECB Accounts Show Buying Sovereign Debt Was Only Adequate OptionBloombergLast month, European Central Bank President Mario Draghi announced a 1.1 trillion-euro ($1.2 trillion) stimulus plan centered on government-bond purchases. Photographer.....»»

Category: topSource: googlenewsFeb 19th, 2015

Leaked HSBC Documents Shed Light On Swiss Banking Industry

The records of some 30,000 accounts containing $120 billion show the bank helped customers — including politicians, royalty, celebrities and criminals — conceal their accounts from authorities. The records of some 30,000 accounts containing $120.....»»

Category: topSource: nprFeb 9th, 2015

Document Leak Reveals Secret Swiss Bank Accounts

For years the Swiss banking industry has been under pressure to get out of the tax evasion business. A trove of documents released by a former employee of HSBC shows just how aggressive the bank was in marketing tax avoidance schemes to clients. For.....»»

Category: topSource: nprFeb 9th, 2015

Hackers trick email systems into wiring them large sums

Cybercriminals are exploiting publicly available information and weaknesses in corporate email systems to trick small businesses into transferring large sums of money into fraudulent bank accounts......»»

Category: topSource: moneycentralJul 29th, 2015

Hackers Trick Email Systems Into Wiring Them Large Sums

Cybercriminals are exploiting publicly available information and weaknesses in corporate email systems to trick small businesses into transferring large sums of money into fraudulent bank accounts......»»

Category: topSource: moneycentralJul 29th, 2015

Hackers Trick Email Systems Into Wiring Them Large Sums

Cybercriminals are exploiting publicly available information and weaknesses in corporate email systems to trick small businesses into transferring large sums of money into fraudulent bank accounts......»»

Category: smallbizSource: wsjJul 29th, 2015

Dollar-denominated bonds are attractive

Dollar-denominated bonds of Indian companies are finding favour with non-resident Indians due to higher returns from these instruments instead of parking it in overseas bank accounts. Indian investors who want to invest in these instruments can use ........»»

Category: topSource: business-standardJul 29th, 2015

Greek PM Tsipras under pressure over covert Syriza drachma plan reports | Reuters - Firstpost

The AustralianGreek PM Tsipras under pressure over covert Syriza drachma plan reports | ReutersFirstpostATHENS Some members of Greece's leftist government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drach.....»»

Category: topSource: googlenewsJul 27th, 2015

Congress Starts to Show Small Businesses (Some) Mercy

The Export Import Bank and the Small Business Administration's 7(a) loan programs upon which thousands of entrepreneurs depend, face uncertain futures. Thankfully Congress is starting to see the light......»»

Category: topSource: incJul 27th, 2015

Syriza in chaos as Greek talks begin

Some members of Greece's leftist government reportedly want to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma. As Ciara Lee reports the allegations highlght chaos in the ruling Syriza party just as bailout talks b.....»»

Category: videoSource: reutersJul 27th, 2015

Odisha HC relief for miners in money laundering case

In a temporary relief for miners like Indrani Patnaik and mine raising contractor Thriveni Earthmovers, the Odisha High Court (HC) today held that the bank accounts frozen by the Enforcement Directorate (ED) can be activated again on furnishing bank ........»»

Category: topSource: business-standardJul 27th, 2015

Greek PM Tsipras under pressure over covert Syriza drachma plan reports

ATHENS (Reuters) - Some members of Greece's leftist government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma, according to reports on Sunday that highlighted the chaos in the ruling Syriza party......»»

Category: topSource: reutersJul 26th, 2015

Why Citigroup is teaching the young and wealthy to buy art

It wants to retain heirs for the future. Citigroup is getting creative to lure wealthy heirs to keep their bank accounts. How? By teaching them the intricacies of buying art, according to Bloomberg. In large groups, the soon-to-be billionaires and mil.....»»

Category: europeSource: fortuneJul 24th, 2015

Bank Expert Says JPMorgan Chase Is A "Decent Stock To Hold On To"

Nate Tobik was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Latest Ratings for JPM DateFirmActionFromTo Jul 2015JefferiesMaintainsBuy Jul 2015BMO CapitalMaintainsMarket Perform Jul 2015K.....»»

Category: blogSource: benzingaJul 22nd, 2015

Why This Expert Thinks Bank Of America Is Still A Buy At $18

Nate Tobik was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick......»»

Category: blogSource: benzingaJul 22nd, 2015

BoE Minutes Show Unanimous Vote on Holding Rates

Bank of England policymakers voted unanimously to keep interest rates on hold earlier this month but there were signs that more of them were edging closer to pushing for a first hike since before the financial crisis. Minutes of the Monetary Policy Commit.....»»

Category: topSource: marketpulseJul 22nd, 2015

With Offshore Accounts, Fifth Amendment Protections Don"t Apply

You can be forced to hand over bank records even if they incriminate you, so forget claiming the Fifth Amendment. With offshore accounts, the government holds all the cards......»»

Category: smallbizSource: forbesJul 22nd, 2015

Iran deal offers faint hope for Iranian-American banking woes

NEW YORK (Reuters) - The Iran nuclear pact could eventually help thousands of Iranian-Americans who have struggled with red tape, shuttered accounts, and even criminal prosecution to conduct bank transactions, although relief seems unlikely anytime soon......»»

Category: topSource: reutersJul 22nd, 2015

ING Group Clarifies Customers Can Buy Bitcoin via Company Bank A/C

Clarifying on the issue that came up after some social media representative said that the users were not allowed to transact Bitcoin via company’s bank accounts, a spokesperson for ING Group says there is no such hurdle. He has clarified … Continu.....»»

Category: forexSource: forexminuteJul 17th, 2015