FSA tells City banks to claw back bonuses

Britain's financial watchdog has warned global banks in London that it expects to see them “claw back” deferred bonuses from bankers involved in the recent scandals that have rocked the industry.


CPP hit by record FSA fine

The fine is for all types of sale made by CPP while the focus of the redress exercise is CPP's direct sales.


Offshore tax probe comes to Spain

Thatcher, who has a multi-million euro villa in the exclusive Madronal development, near Benahavis, has also been fingered.


Swiss Bankers Defend German Tax Deal

Swiss banks have vehemently refuted claims by Germany’s main opposition parties that alleged German tax evaders are transferring their assets en masse to other so-called “tax havens”