Europe
Court dates loom for British owners
Hundreds of British investors who used Swiss franc mortgages to buy Cyprus properties at the height of the property boom there will go to court in that country in October, in an effort sort out what for many has become a costly nightmare.
business as usual for gibraltars finance industry
James Lasry, the chairman of Gibraltar’s Funds and Investments Association, said work is continuing as normal for the international finance centre, despite an apparently escalating border dispute with Spain.
barclays proposes to reduce presence in gibraltar
Barclays is proposing to reduce its presence in Gibraltar by the end of 2014, in the wake of a review that it launched in March.
liechtenstein bank agrees to pay
Liechtenstein’s largest bank is to pay the US tax authorities $23.8m, as part of an agreement that will resolve all outstanding cases involving possible tax evasion on the part of some of its American account-holders.
bayern munich fc president charged over
Uli Hoeness, the president of Uefa Champions League winners Bayern Munich, has been charged with tax evasion by German prosecutors.