Executives at Citigroup, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the matter, The Wall Street Journal reports....
HM Revenue & Customs has confirmed the launch of a second offshore campaign in 2009 designed to collect unpaid tax in offshore accounts, according to the BBC.
Banco Santander has snubbed 1.8 million small shareholders in Britain, excluding them from taking part in its €7.2 billion (£6 billion) capital-raising, The Times says.
VAM Funds' VAM US Micro Cap Growth fund has been awarded an AA rating from Standard and Poor's (S&P).
Abbey International has not reduced rates on its Monthly Offshore Saver account, following the recent 1.5% cut in the sterling base rate.
Standard Life has expanded its helpline service to offer advisers assistance on offshore investments from its Technical Team.
The Hong Kong Securities Institute (HKSI) has joined forces with the UK's Securities & Investment Institute (SII) to promote the SII Investment Administration Qualification (IAQ) to professionals in the Hong Kong and international investment industry....
Nationalised mortgage lender Northern Rock expects to be responsible for 10% of all repossessions this year as it races to repay its loan from the taxpayer and tries to return to the private sector, The Guardian reports.
A senior employee of HSBC Holdings, Europe's biggest bank, appeared in court on Monday charged with the murder of his wife.
More than one million people will be made redundant in the worst recession for almost twenty years, British business leaders warn, The Telegraph reports.