Citigroup sues ex-Goldman partners' firm over Swiss franc losses
Citigroup Inc has sued a Connecticut firm founded by two former Goldman Sachs partners for $25 million over losses incurred during the unexpected surge in the Swiss franc in January.
Archives
European Union countries will have to share information on tax deals agreed with major corporations under European Commission plans to limit the ability of big business to avoid tax across the 28-nation bloc.
Former Chief Executive of HSBC Holdings Plc Lord Green expressed his "dismay and regret" when questioned about tax evasion and avoidance at the bank's Swiss branch by Channel 4 on Wednesday.
Bank of America (BAC.N) must allow shareholders to vote on a proposal that calls for the company to consider spinning off its investment banking business, after U.S. regulators told the bank it cannot exclude the proposal from its corporate ballot.
More News
