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Citigroup weighs up possible sale - papers

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....

clock 21 November 2008 •

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HMRC confirms second offshore tax trawl

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.

clock 20 November 2008 •

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Santander snubs UK investors in rights issue - papers

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.

clock 20 November 2008 •

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VAM Lux funds receive S&P ratings

VAM Funds' VAM US Micro Cap Growth fund has been awarded an AA rating from Standard and Poor's (S&P).

clock 19 November 2008 •

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Abbey International holds Monthly Offshore Saver account rates

Abbey International has not reduced rates on its Monthly Offshore Saver account, following the recent 1.5% cut in the sterling base rate.

clock 19 November 2008 •

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Standard Life adds offshore to adviser helpline

Standard Life has expanded its helpline service to offer advisers assistance on offshore investments from its Technical Team.

clock 19 November 2008 •

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SII promotes qualification for international investment professionals

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....

clock 19 November 2008 •

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NRock responsible for 10% of reposessions - papers

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.

clock 19 November 2008 •

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HSBC Holdings CIO charged with wife's murder - papers

A senior employee of HSBC Holdings, Europe's biggest bank, appeared in court on Monday charged with the murder of his wife.

clock 18 November 2008 •

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Near 3m UK unemployed by 2010 - papers

More than one million people will be made redundant in the worst recession for almost twenty years, British business leaders warn, The Telegraph reports.

clock 17 November 2008 •
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