Argentina’s tax agency said on Monday it has uncovered 392 million pesos (50.9 million pounds) in fraudulent transactions by HSBC (LSE: HSBA.L – news) and said it has asked the judicial system to probe the European bank for alleged tax evasion and money laundering. HSBC , Europe’s largest bank, was […]
Author: InvestAdvocate
Eurogroup to discuss Cyprus bailout at 1830 GMT
Euro zone finance ministers will hold a teleconference at 1830 GMT on Monday to discuss the bailout for Cyprus, euro zone officials said. The ministers, together with representatives of the International Monetary Fund and the European Central Bank agreed in the small hours of Saturday on a 10 billion euro […]
Goldman mortgage appeal rejected by Supreme Court
Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis. Without comment, the court refused to consider Goldman’s appeal of a September […]