Swiss to Submit Revised UBS Tax Deal to Parliament The New York Times | The Swiss government confirmed Wednesday that it would place a settlement made between the giant bank UBS and U.S. authorities before the country's Parliament in a bid to overcome objections raised by a Swiss court. | The Justice Ministry said it would first need to make amendments to the text, ex...
Cheques to have even more security features: RBI The Siasat Daily | Mumbai, February 24: Cheques will have more security features like water marks and invisible logo with the Reserve Bank of India (RBI) deciding to ask banks to take additional measures to prevent forgeries and frauds. | Besides additional security features, the cheques being issued by commercial b...
AIG subsidiaries settle discrimination charges The Times | Two subsidiaries of American International Group (AIG) agreed to at least $6.1 million to settle allegations that they discriminated against African-American borrowers. | According to the complaint filed against the companies in a Delaware court, A...
Don't be confused, cost of insurance is going up The Times | You may be a safe driver, have no points on your licence and have never had an accident, but the chances are your car insurance still went up by about 12 per cent last year. | And, according to Henry Engelhardt, chief executive of Admiral, the pric...
Sallie Mae launches savings accounts online CNN March 2, 2010: 5:19 PM ET | NEW YORK (CNNMoney.com) -- Students can now pay their college loans and save with Sallie Mae. | The largest U.S. student loan company took its first steps into retail banking Tuesday with the launch of two new online savin...
Banks lost over Rs 5,500 crore to fraud in last four fiscals The Times Of India NEW DELHI: The banking sector has lost a whooping Rs 5,517 crore due to frauds in the last four fiscals, CBI Director Ashwini Kumar said today. | The highest loss in the last four fiscals was Rs 1,883 crore in 2008-2009. | "He (Kumar) said as per som...
AP / Keystone, Steffen Schmidt, File
Former UBS Banker Settles Insider Trading Claims The New York Times | A former senior executive at the Swiss banking giant UBS has agreed to pay a $2.75 million settlement to resolve claims of insider trading in auction-rate securities, the New Yor...
Yanukovych's Inaugeration in Ukraine to Be Feb. 25 The New York Times | Filed at 9:44 a.m. ET | KIEV, Ukraine (AP) -- Viktor Yanukovych will be inaugurated Feb. 25 as the new president of Ukraine despite Prime Minister Yulia Tymoshenko's challenges t...
New Inroads on Swiss Bank Secrecy The New York Times | PARIS - The Swiss are shocked again, this time over the German decision to buy a list of some 1,500 possible tax cheats saved on a disc lifted from a Swiss bank. It's stolen prop...
Cell phone photo apps let you bank money without waiting in line or filling out ... Star Tribune | NEW YORK - In the near future, you might not even have to visit a bank or an ATM to deposit a check. You'll simply snap a couple of photos of it with your cell phone. | Applications to do just that are already available for Apple's iPhone and other...
Check this out: Deposit money by taking a photo Newsvine NEW YORK — In the near future, you might not even have to visit a bank or an ATM to deposit a check. You'll simply snap a couple of photos of it with your cell phone. | Applications to do just that are already available for Apple's iPhone and o...
'Half-baked' BoA-Merrill settlement approved The Times | A federal judge grudgingly approved a $150 million settlement between Bank of America (BoA) and the Securities and Exchange Commission (SEC), averting a trial over allegations that the bank mishandled its $50 billion takeover of Merrill Lynch. | Ju...
Some Iraq Results Coming Wednesday The New York Times | BAGHDAD — Iraq’s electoral commission said Tuesday that it would announce partial results of parliamentary elections on Wednesday, providing an incomplete picture of the vote that will nevertheless provide the broad outlines of the country’s political landscape. Related | At War Blog: Election Reaction From Around Iraq | Party o...
Some Iraq Results Coming Wednesday The New York Times | BAGHDAD — Iraq’s electoral commission said Tuesday that it would announce partial results of parliamentary elections on Wednesday, providing an incomplete picture of the vote that will nevertheless provide the broad outlines of the country’s political landscape. Related | At War Blog: Election Reaction From Around Iraq | Party o...
