Hints and tips:
...All but one in effect provided a road map on how to launder the money through shell corporations....
...“When it comes to US domestic narratives, they’re almost always piggybacking on something that exists,” says Schafer....
...“This is . . . an extreme breach of trust,” said Martin Schäfer, the foreign ministry spokesman....
...A study by the Rand Corporation released in April said it would take 11bn miles of testing, or 100 cars driving 24/7 for 500 years, to prove that self-driving cars are safer....
...Additional reporting by Daniel Schäfer in London...
...Forex experts said a central order matching platform could be established by a non-for profit market infrastructure provider such as the Depository Trust & Clearing Corporation....
...As Russian banks and corporations begin to make alternative plans in anticipation of asset freezes in the US and Europe, Patrick Jenkins is joined by Martin Arnold, Daniel Schäfer, Sharlene Goff and Neil...
...Their success reflects a rejection by international corporations of the notion that the size of a bank’s balance sheet correlates with the quality of its advice....
...That message was echoed in a separate submission from the Corporation of London and TheCityUK, an independent body promoting the financial services industry, marshalling the views of a broad group of financial...
...Their clients are mainly international corporations from Europe and beyond, which have business connections with China,” the Centre for the Study of Financial Innovation wrote in a report last year....
...Additional reporting by Daniel Schäfer...
...Bankers and consultants said there was a flurry of discussions with data management and technology groups including Markit, The Depository Trust and Clearing Corporation, Broadridge Financial Solutions,...
...Swaths of infrastructure operators and data groups such as Markit, The Depository Trust and Clearing Corporation, Broadridge Financial Solutions and Swift are in talks with banks about setting up shared...
...Additional reporting by Paul J Davies and Daniel Schäfer...
...LCH is the one of the world’s largest clearing houses and by far the world’s largest clearer of interest rate swaps, which are used by banks, institutions and corporations to hedge against risk....
...Richard Osterman, acting general counsel at the US Federal Deposit Insurance Corporation, highlighted the statutory underpinning of whistleblowing in the US, which protects individuals who identify wrongdoing...
...The bank’s botched history of becoming a global force in investment banking began in the 1990s when Mr Ospel spearheaded the Swiss Bank Corporation’s takeovers of US options trading firm O’Connor and later...
...In January, China Investment Corporation, the $410bn sovereign wealth fund, struck its first UK acquisition by taking an 8.68 per cent stake in the holding company of Thames Water, the water network that...
...Corporate person in the news: Michael Dell Michael Dell is an intensely personal man, which might explain why he is taking his computer company private after 25 years as a public corporation, write Chris...
...This January China Investment Corporation, the $410bn sovereign wealth fund, took a 8.68 per cent stake in the holding company of Thames Water, the group that serves London's water network....
...The banks have been earmarked for a special 15 per cent rise in corporation tax and, like other big French companies, are also caught by the new 75 per cent top rate tax on those earning more than €1m....
...There are also numerous chief financial officers at large international corporations who used to be Goldman partners, including Simon Dingemans at pharmaceutical group GlaxoSmithKline....
...Solar energy is still a bit further away in terms of cost, but it is heading in a similar direction,” says Francesco Giuliani, director at US-based First Reserve Corporation, the biggest private equity firm...
...The healthcare fund’s cornerstone investors are the Bill & Melinda Gates Foundation, the International Finance Corporation, the African Development Bank and the Deutsche Investitions und Entwicklungsgesellschaft...
...It made £54m from the disposal of Rio Trens Corporation, a Brazilian transportation company it owned for more than a decade....
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