| Fri 27 Jan 2012 |
Oldest Swiss bank sold amid US tax dispute
Khaleej Times GENEVA ' The oldest Swiss bank Wegelin & Co announced Friday the sale of its non-US activities to fellow Swiss bank Raiffeisen as Wegelin battles with US authorities investigating tax evasion. | The bank, founded in 1741, said it had taken the radica... |
Vale Voted World's Worst Corporation
Canada Newswire | "Vale certainly is deserving of this international recognition" - Steelworkers | TORONTO, Jan. 27, 2012 /CNW/ - Brazilian multinational Vale is a worthy recipient of the 2012 Public Eye People's Choice Award for the world's worst company, the Unite... |
Three from UK jailed for Swiss bank loan forgery
The Guardian LONDON, Jan 27 (Reuters) - A former partner at upmarket London lawfirm Mishcon de Reya was jailed for five years and six months on Friday for trying to trick Swiss bank EFG into granting a 22 million euro ($29 million) loan, the UK Serious Fraud Offi... |
Three jailed for £18.5m fraud on Swiss bank
Citywire | Three men have been jailed for a €22 million (£18.5 million) forgery fraud on a Swiss bank. | According to the Serious Fraud Office (SFO) three people have been sentenced for their roles in defrauding EFG Private Bank of Zurich of €22 million.... |
Three jailed for £18m forgery on Swiss bank EFG
Citywire | Three conspirators have been sentenced for defrauding EFG Private Bank of €22 million (£18 million) through a loan application supported by a false claim. | The claim, made in 2008, was that over £76 million was held on deposit a Guernsey bank ... |
Switzerland must keep both refineries open
The Guardian * Pump prices likely to rise after Cressier closure * Other import routes already congested * Sees no immediate need to use emergency stocks By Emma Farge GENEVA, Jan 27 (Reuters) - The closure of the Petroplus refinery in Switzerland is likely to ra... |
Public Eye award singles out mining company Vale, Barclays
The Guardian | Award given at the same time as the World Economic Forum strives to embarrass companies for 'corporate irresponsibility' British bank Barclays was the recipient of another award for 'driving up food prices'. Photograph: Oli Scarff/Getty Images | Br... |
Lindt & Sprüngli France Secures and Improves Its Planning and Scheduling with n.SKEP of DynaSys ...
Yahoo Daily News | Famous company improve their agility and reactivity to demand by improving production flow. | (PRWEB) January 27, 2012 DynaSys, European experts in solutions for Demand & Supply Chain Planning, and Preactor, world leader in advanced planning an... |
Roche Begins $5.7 Billion Hostile Takeover Offer for Gene Mapper Illumina
Bloomberg | Roche Holding AG (ROG) began its $5.7 billion hostile takeover offer for Illumina Inc. (ILMN), even as investors signaled they expect the Swiss drugmaker to raise its bid for the gene-mapping company. | Roche began the tender offer, Illumina said i... |
Swiss Private Bank Wegelin Agrees to Sale Amid U.S. Tax-Evasion Crackdown
Bloomberg | Wegelin & Co., the 270-year-old Swiss private bank, agreed to a sale to Switzerland’s Raiffeisen Group after coming under investigation in the U.S. for allegedly helping Americans evade taxes. | The U.S. business, and the risks and responsibi... |
Oldest Swiss bank falls victim to US tax probe
The Guardian * Wegelin facing U.S. tax probe * First standalone Swiss bank sold due to U.S. clampdown * Raiffeisen taking all non-U.S. business from Wegelin (Adds more background) By Katie Reid ZURICH, Jan 27 (Reuters) - Wegelin, Switzerland's oldest bank, has be... |
UPDATE 1-Swiss group Klesch eyes Petroplus assets
The Guardian (Adds details, background, more comment) * Klesch eyeing assets in Europe, U.S. * Investor has positive long-term outlook on industry * More refineries in Atlantic Basin come under pressure By Martin de Sa'Pinto and Zaida Espana ZURICH/LONDON, Jan 27... |
Why Big Data Won’t Make You Smart, Rich, Or Pretty
Fast Company | FC Expert Blog | If 2012 is the year of Big Data, it will likely be the year vendors and consultants start to over-promise, under-deliver and put processes in motion that will generate insights and potential risks for years to come. | This year wil... |
Swiss private bank Wegelin selling non-US business
The Wichita Eagle | GENEVA — Switzerland's oldest private bank, Wegelin & Co., said Friday it is selling most of its business to Raiffeisen Group amid a dispute with U.S. authorities over tax-cheating allegations. | A majority of Wegelin's clients and staff will... |
Swiss private bank Wegelin selling non-US business
my SA | GENEVA (AP) — Switzerland's oldest private bank, Wegelin & Co., said Friday it is selling most of its business to Raiffeisen Group amid a dispute with U.S. authorities over tax-cheating allegations. | A majority of Wegelin's clients and staff... |
Swiss private bank Wegelin selling non-US business
The Miami Herald | GENEVA -- Switzerland's oldest private bank, Wegelin & Co., said Friday it is selling most of its business to Raiffeisen Group amid a dispute with U.S. authorities over tax-cheating allegations. | A majority of Wegelin's clients and staff will be t... |
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