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Banks including Bank of America Corp., Mitsubishi UFJ Financial Group Inc., Barclays Plc and Citigroup Inc., asked a judge to throw out claims they cheated customers on interest-rate swaps and other Libor-based transactions. 
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The court agreed to drop the more serious money laundering charges that were also filed against her.
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Global accounting giants are prime architects of the offshore money maze – and supporting characters in an array of offshore scandals.
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NEW YORK — Shifting the address of his Liberty Global Inc. from Colorado to London last year didn’t just put billionaire John C. Malone in a position to reduce his company’s tax bill.
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In this scenario, Priest is Creator and member of The Destroyers data mining project; also known as "Destroyer One." Former college radio executive recovering from a stroke suffered in 2000. Returned to radio: Friday, December 13, 2013. Current sites:
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Every year millions of public education dollars flow through a North Carolina businessman's chain of nonprofit charters to his for-profit companies.
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[Libor] is a key benchmark interest rate that is relied upon to be free of bias and self-dealing, but the conduct of these traders was as galling as it was greedy," said Assistant Attorney General Caldwell in a statement.
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Jobs Minister Richard Bruton has said the scrapping of the "Double Irish" tax loophole provided certainty for companies who know the days of their activities are numbered.
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From
qz
There are lots of headlines out of Dublin today about the end of the “double Irish,” a notorious tax break used by multinational companies to avoid paying government levies around the world.
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The former CEO of AIG, the insurance giant, is suing the government for overstepping its authority by rescuing his company during the 2008 bailout.
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Pricey law suits force evidence into the public domain, and so we learn that a bailout intended to bolster confidence in the system “push money into the hands of Goldman Sachs..."
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The stingy retail behemoth finds yet another way to hurt its workers.
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Authorities in three continents are probing allegations that dealers leaked confidential client information
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Regulators in US and UK mete out record fines after finding a free for all culture on currency trading floors at RBS, HSBC, Citibank, JP Morgan and UBS. The corruption of the worlds biggest currency dealers was laid bare on Wednesday when regulators...
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In the wake of mounting protests from labor groups, numerous U.S. localities have approved minimum wage increases, including two of the nation’s largest cities, Seattle and San Francisco. Yet, especially among many of America’s largest...
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Company denies allegations it hid income from authorities.
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The European Commission on Tuesday fined several global financial institutions 93.9 million euros, or about $119.9 million, over two types of activity that it deemed as cartel behavior.
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ProPublica is an independent, non-profit newsroom that produces investigative journalism in the public interest.
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Global banks embroiled in a scandal for manipulating benchmark interest rates face European Union fines as soon as next week, according to two people with knowledge of the case.
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When you're the wealthiest governor in Florida's history, it may be hard to remember just how much cash you have.
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American drugmaker AbbVie is dropping a planned merger with the Irish company that makes Adderall, saying that new Treasury Department rules meant to crack down on deals done solely for tax purposes had nixed the plan.
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A $76 million penalty against RBC Capital Markets is the latest message from the Delaware courts about skewed loyalties in deals. But Reynolds Holding of Reuters Breakingviews ask whether Wall Street is really listening.
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According to reports in the Sunday Times on 12 October, Barclays, HSBC and Royal Bank of Scotland, along with JP Morgan Chase, Citigroup and UBS, are likely to agree to fines totalling as much as £1.5 billion before the end of next month as they become the first banks to admit involvement in alleged attempts to rig the trading in major currencies.
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Former Chicago Bull Scottie Pippen has taken the stand for the government in a bank-fraud trial.
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Two men have already pleaded guilty in the US to fraud offences linked to the rigging of Libor, for years the benchmark by which trillions of pounds of financial contracts are based.
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There are individuals in this world who have no class, no honor & no shame. They are the Libor bankers who are in desperate need of a time-tested intervention called, "incarceration."