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Spain shelves tax case against banking magnate
Madrid, May 23 (IANS/EFE) Emilio Botin, Spain's leading banker, will not face charges for tax evasion, the National Court decided after an 11-month-long investigation. The chairman of Banco Santander, his brother, Jaime, and 10 of their offspring were under scrutiny in connection with income from accounts at HSBC Holdings' private bank in Switzerland. It was in June 2011 when the National Court accepted
Madrid, May 23 (IANS/EFE) Emilio Botin, Spain's leading banker, will not face charges for tax evasion, the National Court decided after an 11-month-long investigation. The chairman of Banco Santander, his brother, Jaime, and 10 of their offspring were under scrutiny in connection with income from accounts at HSBC Holdings' private bank in Switzerland. It was in June 2011 when the National Court accepted
Gold down almost 1.5 % as selling snowballs
Gold traded near intraday lows o n T uesday afternoon with selling accelerating on low volumes as the euro lost further ground ahead of a much-anticipated European summit. The pressure started on
Gold traded near intraday lows o n T uesday afternoon with selling accelerating on low volumes as the euro lost further ground ahead of a much-anticipated European summit. The pressure started on
British reserve
JPMorgan’s trading loss has raised vexing questions about risk management at America’s largest financial institution. While the bank led by Jamie Dimon avoided many of the problems that
Investors lose faith in stock valuation compass
European shares look cheap according to some traditional measures but investors are finding it hard to judge whether they are a good buy given the potential damage to companies and economies if Greece
European shares look cheap according to some traditional measures but investors are finding it hard to judge whether they are a good buy given the potential damage to companies and economies if Greece
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