North America | 25 Nov 14
Credit Suisse fined $2.6bn by US
Credit Suisse has been hit with a fine for operating an illegal cross-border banking business that helped thousands of American clients evade tax.
Lincoln Private Investment launch
The firm facilitates discretionary management of family wealth and private banking, alongside offering a stockbroking service, and has been running real money since 1 July
Tax & Regulation | 24 Nov 14
FCA review of in house funds reveals
An FCA review of the use of in-house investment products by wealth management and private banking firms, while largely positive, has revealed some weaknesses in client communication.
Middle East | 24 Nov 14
AES recruits Dubai employee benefits team
AES International has launched its Middle Eastern employee benefits team following the introduction of new legislation making employee health insurance in Dubai compulsory.
Backlog of tax disputes reaches record high
The surge in high value tax cases has pushed the backlog of tax disputes to a record high.