News
UK fraudsters fined £2m over property scam
A long-running investigation by the UK’s Financial Conduct Authority (FCA) has finally ended after eight men were convicted and fined over £2m (€2.3m, $2.5m) for running a property scam which conned investors out of more than £4.3m.
OCBC opens Indonesia wealth unit amid tax amnesty success
Singapore’s OCBC Bank has launched an onshore private banking business, spurred by Indonesia’s tax amnesty.
Macro Views | news 24 May 17
Warning of ‘volatile summer for markets’ due to Trump and China
Financial markets could turn volatile this summer after one of the biggest multi-asset investing teams in the City of London warned its forecasting models were indicating possible trouble ahead.
Invesco Powershares launches ‘unique’ S&P 500 Ucits ETF
Invesco PowerShares, the exchange-traded funds arm of Invesco, has launched a refined version of an S&P 500 ETF under the Ucits framework.
French authorities raid soccer stars’ homes in tax probe
The homes of Paris Saint-Germain players Angel Di Maria and Javier Pastore were searched on Tuesday morning by French anti-corruption officers, in the latest tax fraud probe to rock the football industry.