Tag Archives: havens

Former Citigroup CEO to get $15 million payout

Former Citigroup CEO Vikram Pandit, who resigned last month under pressure, and former chief operating officer John Havens will receive more than $15 million each, the company said Friday. Continue reading

Posted in World News | Tagged , , , , , , , , , , , , , | Leave a comment

Tax havens help rich hide $21 trillion, study shows

Thanks to lax international tax rules the world’s super rich have siphoned at least $21 trillion into secretive tax-free havens, according to a study by UK campaign group Tax Justice Network. Continue reading

Posted in World News | Tagged , , , , , , , , , , , , | Leave a comment

U.S. Dollar Strengthens On Greek Concerns

CANBERA (dpa-AFX) – The U.S. dollar climbed against its major counterparts in the Asian session on Monday as traders bet on safe havens after Greece failed to form a new government. Coa… Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Wall St climbs after 2-day loss; euro rallies

NEW YORK (Reuters) – Shares on Wall Street rose on Friday after two days of losses as focus returned to better-than-expected first-quarter earnings in the United States and the euro and commodities gained on reduced worries over Spain’s debt burden. Continue reading

Posted in Stocks, World News | Tagged , , , , , , , , , , | Leave a comment

Offshore tax havens: Myth vs. reality

Government crackdowns on tax havens have left some banks leery about opening accounts to foreign clients. Continue reading

Posted in Stocks, World News | Tagged , , , , , , , , , , | Leave a comment