Offshore Banking

Q&A: Stanford’s Segura on midterm elections

Q&A: Stanford’s Segura on midterm elections
Political scientist Gary Segura weighs in on the expected GOP wins and Democratic losses while taking a critical look at the first two years of Obama’s term.

Read more on Stanford Report

UBS results hit by ‘unusual’ quarter

UBS results hit by ‘unusual’ quarter
UBS has blamed “unusually” low client business volumes and the strength of the Swiss franc for a third-quarter loss in its investment banking division.

Read more on Daily Telegraph

FTSE 100 movers: Greenland disappointment for Cairn

FTSE 100 movers: Greenland disappointment for Cairn
LONDON (SHARECAST) – Cairn Energy ‘s failure to find a commercial discovery at either of its wells offshore Greenland has knocked the share price. A strong third quarter performance by chip designer ARM still left some investors thinking that the share price is ahead of events.

Read more on ShareCast

UK Tax Swoop On Secret Swiss Bank Accounts

UK Tax Swoop On Secret Swiss Bank Accounts
Britons who stash their cash in secret accounts in Switzerland could soon be forced to pay tax on interest their savings earn there.

Read more on SkyNews via Yahoo! UK & Ireland News

Aust stocks receive mixed leads

Aust stocks receive mixed leads
Equities markets mixed, oil and base metals higher. 25 Oct 2010 8:53 AM

Read more on Business Spectator

Asia finance hubs snap at London’s heels

Asia finance hubs snap at London’s heels
Once upon a time a bank could boast international credentials with an office in Asia. But now it seems that any less than three and you’ll lose your competitive edge, according to a New York-based investment banking president.

Read more on eFinancial News

Swiss bank chief ‘bullish’ about City’s future

Swiss bank chief ‘bullish’ about City’s future
The head of one of Switzerland’s oldest private banks has dismissed fears about the City of London’s future amid continued talk of a potential exodus of bankers overseas.

Read more on Daily Telegraph