The next time you get a speeding ticket, be grateful you don't live in Finland - and that you don't make $7 million a year.
Two senior HSBC executives and the chair of the BBC Trust will be questioned by MPs on Monday about their role at the bank, whose Swiss banking arm helped wealthy clients avoid tax.
The government has sold a further tranche of shares in the bailed-out Lloyds Banking Group, reducing the taxpayer’s stake to less than 23% and returning £500m to the public purse.
All's fair in love, war - and financial markets.
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UBS France bullied a former worker who said she had refused to destroy documents that might have been of interest to tax evasion investigators, a Paris labour tribunal ruled on Thursday.
Barclays has hired Mikhail Foux from Citigroup to head municipal strategy, according to two people with knowledge of the move.
The Long Island estate of Peter B. Madoff, the younger brother of Bernard L. Madoff, has been sold for several million dollars less than its original asking price, after years of efforts to find a buyer.
Deutsche Bank does not need to change its universal banking model dramatically, but faces pressure to cut costs like the rest of the banking sector, Co-CEO Juergen Fitschen said on Thursday.
HSBC is hiring 175 people for the financial-crime compliance team at its soon-to-be ring-fenced U.K. consumer bank, according to people familiar with the plan.
Some big companies have begun signing deals with Tehran since the U.S. and other global powers lifted long-running sanctions against the Middle Eastern country, but banks are very nervous after being burned in the past.
Nobody would have noticed anything odd had they been walking along the rear security wall of Buckingham Palace on 23 October 2008. Yet all around there were hidden eyes and ears trained on the activities taking place in a small office located on nearby Grosvenor Place.