hsbc retail and wealth arms post 6bn profit
HSBC’s Retail Banking and Wealth Management division reported a $6.65bn profit, constituting 29.5% of the total group pre-tax profit figure.
Middle East | 24 Feb 14
axa deal to buy stake in abu dhabi insurer
It has been confirmed that Axa and its Middle East partner the Kanoo Group have agreed a deal to buy a significant stake of Abu Dhabi based Green Crescent Insurance Company.
Tax & Regulation | 24 Feb 14
dj chris moyles and former liontrust manager
A tax avoidance scheme used by celebrities and fund managers, including one-time Radio 1 DJ Chris Moyles and former Liontrust fund manager Eoghan Flanagan, has been closed down by HMRC.
Tax & Regulation | 23 Feb 14
consultation closes today on hmrc plan
A consultation closes this evening on a plan that would enable HM Revenue & Customs to be able, in certain cases, to demand upfront payment of tax it claims it is owed, but which is in dispute.
imprisoned former credit suisse manager
A former Credit Suisse AG relationship manager in Hong Kong has been banned from re-entering the finance industry after being handed a seven year prison sentence at the end of last year.