The revelations about offshore accounts contained in the so-called Panama Papers are sensational, but they are unlikely to put an end to these tax havens favored by the world’s rich and powerful. Read Here – BloombergView
The US$1.92 billion settlement reached between HSBC and the U.S. Department of Justice this past December over allegations of money laundering by the global bank served as a stark reminder to all financial institutions: The penalty for breaking sanctions against Iran and other blacklisted nations would not only be severe, but even the biggest institutions […]
Memo to the College of Cardinals: You didn’t ask our advice, so we won’t give it, on the person you should choose as the next spiritual leader of the world’s 1.2 billion Catholics. But whoever it is, could you please ask him to get the ATMs in the Vatican Museum working again? The Bank of […]
looking beyond borders 