Germany

Credit Suisse has appointed Enrico Camerini as head of its Xmtch ETF platform in Italy.

The US dollar has fallen to a one-year low against the euro ahead of the G20 and Federal Reserve meetings.

Bankers blamed for the global financial crisis will see their pay packages limited under a blueprint for steering the international economy towards recovery, according to the Independent.

The head of the FSA, Hector Sants, says politicians must take responsibility for setting pay caps if they deem them "morally" necessary, and that not only bankers should be subject to such restrictions, reports the Telegraph.

Standard Life Investments has rolled out its Luxembourg-domiciled Sicav fund range to key intermediaries in Germany via the Moventum fund platform.

German pensioners who lost $4m in savings in a Florida property investment scheme reportedly kidnapped and tortured the financial adviser responsible.

Offshore jurisdictions flouting their pledges to comply with international standards have been threatened with sanctions at a Berlin meeting of International finance ministers.

The German government is targeting those German banks operating in Switzerland that maintain accounts for Liechtenstein foundations as part of its tax haven crack down, according to German newspaper Der Spiegel.

The Isle of Man has signed an agreement with Germany to share information about tax.

European leaders at the G7 meeting are preparing a united front against 'tax haven' abuse ahead of the G20 summit on 2 April.