Banks pessimistic on financial instrument convergence
Accounting Standards

Banks pessimistic on financial instrument convergence

11y Richard Crump , Writer

Banks pessimistic on financial instrument converge...

Majority of banks surveyed by Deloitte expect financial instrument accounting convergence to end in failure Read More...

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Swiss bank to close after US tax evasion fine
Legal

Swiss bank to close after US tax evasion fine

11y Richard Crump , Writer

Swiss bank to close after US tax evasion fine

Wegelin, Switzerland's oldest private bank, is to close permanently after pleading guilty to helping Americans evade taxes through secret accounts Rea...

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Businesses look for alternatives to bank funding
Company News

Businesses look for alternatives to bank funding

11y Kevin Reed , Writer

Businesses look for alternatives to bank funding

Despite generally positive sentiment towards the banks, many businesses are looking to alternative methods of financing Read More...

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HMV issues going concern warning over covenants risk
Company News

HMV issues going concern warning over covenants risk

11y Kevin Reed , Writer

HMV issues going concern warning over covenants ri...

Disappointing sales figures sees HMV likely to breach covenants in January Read More...

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Accountants beat banks as most trusted source of advice
Accounting Firms

Accountants beat banks as most trusted source of advice

11y Rachael Singh

Accountants beat banks as most trusted source of a...

Small businesses trust their accountant’s advice more than bank managers, friends and family. Companies are more honest with accountants than anyone e...

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Anglo Irish Bank sues Ernst & Young
Accounting Firms

Anglo Irish Bank sues Ernst & Young

11y Rachael Singh

Anglo Irish Bank sues Ernst & Young

The bank has filed a legal claim against its former auditor for its work leading up to the bank's nationalisation in 2009 Read More...

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SMEs' travails should prick the ears of practices
Business Regulation

SMEs' travails should prick the ears of practices

11y Kevin Reed , Writer

SMEs' travails should prick the ears of practices

Lack of finance. Lack of recognition of government initiatives. Are advisors doing enough to help boost their clients? Read More...

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Osborne set to hit banks in Autumn Statement
Corporate Tax

Osborne set to hit banks in Autumn Statement

11y Calum Fuller , Reporter

Osborne set to hit banks in Autumn Statement

An increase in the levy on banks could be on the cards in next month's Autumn Statement Read More...

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Taxman increases tax take from highly paid foreign bankers
Personal Tax

Taxman increases tax take from highly paid foreign bankers

12y Calum Fuller , Reporter

Taxman increases tax take from highly paid foreign...

Data from law firm Pinsent Masons shows a 23% rise in taxes from foreign ex-pats over two years Read More...

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Wheatley Review lines up ICAEW for Libor audit role
Corporate Governance

Wheatley Review lines up ICAEW for Libor audit role

12y Kevin Reed , Writer

Wheatley Review lines up ICAEW for Libor audit rol...

Martin Wheatley marks out the ICAEW for a role in setting audit guidelines for assurance on Libor-setting Read More...

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Ex-UBS trader “obfuscated” to his accountant for weeks
People Business

Ex-UBS trader “obfuscated” to his accountant for weeks

12y Rachael Singh

Ex-UBS trader “obfuscated” to his accountant for w...

UBS in-house accountant given confusing and complex explanations by trader Kweku Adoboli for the $3.6bn (£2.2bn) black hole in the bank’s accounts, pr...

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Swiss banks face $65bn tax evasion crackdown
Corporate Tax

Swiss banks face $65bn tax evasion crackdown

12y Calum Fuller , Reporter

Swiss banks face $65bn tax evasion crackdown

Swiss banks are bracing themselves for changes in the industry as a result of a crackdown on tax evasion Read More...

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Marshall to head up banking internal audit committee
People In Practice

Marshall to head up banking internal audit committee

12y Kevin Reed , Writer

Marshall to head up banking internal audit committ...

IIA sets up committee to help guide internal auditors dealing with risk within the financial services industry Read More...

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Funding options: The name's 'bond'
Business Regulation

Funding options: The name's 'bond'

12y Accountancy Age

Funding options: The name's 'bond'

Bonds are becoming an increasingly attractive and viable option for smaller businesses to use for funding Read More...

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PwC called in to investigate IT collapse at RBS
Accounting Firms

PwC called in to investigate IT collapse at RBS

12y Rachael Singh

PwC called in to investigate IT collapse at RBS

PwC to conduct second independent review into the meltdown of RBS' IT systems this summer Read More...

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Barclays pension schemes report £1.1bn increase in deficit
People Business

Barclays pension schemes report £1.1bn increase in deficit

12y Jack Jones

Barclays pension schemes report £1.1bn increase in...

Barclays' pension deficit increases more than £1bn in the last year despite paying £700m into it Read More...

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RBS starts pension auto-enrolment with a whisper
People Business

RBS starts pension auto-enrolment with a whisper

12y Accountancy Age

RBS starts pension auto-enrolment with a whisper

The Royal Bank of Scotland is the first UK company to roll out the pension auto-enrolment across its workforce Read More...

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FSA cites tax and accounting in Barclays concern
Accounting Standards

FSA cites tax and accounting in Barclays concern

12y Kevin Reed , Writer

FSA cites tax and accounting in Barclays concern

Lord Adair Turner wrote to Barclays chairman Marcus Agius about general concerns over the bank's approach to regulation, citing tax and accounting exa...

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Barclays makes complaint to authorities about Baker Tilly
Business Recovery

Barclays makes complaint to authorities about Baker Tilly

12y Rachael Singh

Barclays makes complaint to authorities about Bake...

Barclays complains to Financial Services Authority regarding an alleged breach of client confidentiality by a Baker Tilly employee Read More...

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Colin: Diamond's carrot?
People Business

Colin: Diamond's carrot?

12y Taking Stock

Colin: Diamond's carrot?

Will Diamond or won't Diamond sit before the select committee? Read More...

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Banks agree Grant Thornton refinancing
People In Practice

Banks agree Grant Thornton refinancing

12y Kevin Reed , Writer

Banks agree Grant Thornton refinancing

Barclays and RBS remain in place as Grant Thornton organises new credit facilities Read More...

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Colin: Mervyn the culture vulture
Corporate Governance

Colin: Mervyn the culture vulture

12y Kevin Reed , Writer

Colin: Mervyn the culture vulture

Mervyn King puts his finger on the banking problems Read More...

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Rake to preside over audit of Barclays' business practices
Corporate Governance

Rake to preside over audit of Barclays' business practices

12y Richard Crump , Writer

Rake to preside over audit of Barclays' business p...

Former KPMG International chairman Sir Mike Rake is to preside over a "root and branch" audit of Barclays' business practices Read More...

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Colin: No joke for Barclays
Business Regulation

Colin: No joke for Barclays

12y Accountancy Age

Colin: No joke for Barclays

Banks can't see the funny side Read More

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Sole Survivor: Why is business start-up loans just for 'upstarts'?
People Business

Sole Survivor: Why is business start-up loans just for 'upstarts'?

12y Accountancy Age

Sole Survivor: Why is business start-up loans just...

Oldies could be goodies when it comes to start-ups, so let them have have good loan rates like the whippersnappers, says Elaine Clark Read More...

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Big Four to audit Spanish banks
Accounting Firms

Big Four to audit Spanish banks

12y Kevin Reed , Writer

Big Four to audit Spanish banks

Firms to gauge whether there are any more losses to eke out of Spain's banks, prior to their recapitalisation Read More...

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Time for consulting to re-balance?
Consulting

Time for consulting to re-balance?

12y Alan Leaman

Time for consulting to re-balance?

Despite robust performance in 2011, the consulting industry must reduce its reliance on financial services clients, says Alan Leaman Read More...

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