Swiss Bank Corporation

Taiwan's air force denies transporting cash for ex-president (AFP)

AFP/File – Aircraft from the Taiwanese air force. The island's air defence has denied allegations that it assisted … TAIPEI (AFP) – Taiwan's air force on Wednesday denied allegations that it assisted former president Chen...

Wednesday preview: Sage, Stagecoach (ShareCast)

LONDON (ShareCast) - Shares in business software giant Sage Group (LSE: SGE.L - news) were sharply lower on Tuesday, the day before the company declares results, even though the management said back in August that it expected...

Why tax cheats are Miami's vice

Looming recession is not the only problem for Art Basel Miami Beach - as rumours abound over an FBI sting, reports Edward Helmore Weak sales, falling prices, fewer parties, less champagne and smaller servings of caviar - there...

HSBC denies offshore banking services under investigation

AccountancyAge.com, Accountancy Age, Wednesday 3 December 2008 at 06:41:00 Banking giant insists its offshore private banking services comply with global financial regulations HSBC has denied a newspaper report that its...

Bad-Neighbor Policy

President Dmitry Medvedev chose not to travel to Ukraine to attend the memorial ceremony marking 75 years since the Holodomor -- the Stalin-induced famine of 1923-33 that caused a particularly high number of deaths in Ukraine.

IT jobs to go as major banks cut staff

Angelica Mari, Computing, Tuesday 2 December 2008 at 17:19:00 Credit Suisse and HSBC lay off hundreds Banking giants Credit Suisse and HSBC have announced job cuts affecting IT staff in the UK in the latest round of...

Prosperity: The Laws and Charters Instrument

Paul Collier lists four instruments for addressing poverty in The Bottom Billion. We have looked at aid and military intervention. We turn now to the third instrument, laws and charters.Collier writes that far too often “…the...

Banks to reduce staff in Europe and Asia

Credit Suisse, HSBC Holdings and Standard Chartered announced the cutting of hundreds of jobs Tuesday, a day after JPMorgan Chase said it would cut 9,200 jobs at Washington Mutual, which it acquired Sept. 25. About 90,000 jobs...

Screwing the Little Guy

This is a guest post from my childhood friend, LR. She and her husband were moving on up, ala George Jefferson style, when they got tripped up with a bank that yanked the rug out from under them. Things are getting worse and...

HSBC, Credit Suisse cut 1,150 jobs

Another 1,150 redundancies in Britain's banking industry were announced yesterday as Credit Suisse cut 10 per cent of its UK workforce and HSBC said it was axing 500 jobs. Credit Suisse, which has offices in London, Birmingham...

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