standard chartered agrees to 340m
Standard Chartered is to pay a $340m (£216m, 276m penalty to the financial regulator of New York, in an embarrassing concession to accusations that it laundered money on behalf of Iran.
fpi results disappoint
Friends Provident International (FPI) delivered disappointing half year results which contributed to parent company Resolutions 58% fall in operating profits before tax from £390m to £163m.
People Moves | 14 Aug 12
coutts poaches barclays wealths head of product
Coutts has poached former Barclays Wealth head of product Keith Wilson to become its managing director, head of products and services.
Tax & Regulation | 14 Aug 12
hmrc issues fines to half a million taxpayers
Tax penalty notices are being sent to about 500,000 UK taxpayers this week, asking for payment of at least £1,200 for failing to submit their self-assessment tax returns.
Tax & Regulation | 14 Aug 12
why usain bolt wont be back very soon
Olympic champion Usain Bolt has said he would make appearances in the UK more often if the countrys tax laws were not as costly.