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Avandia is not material

first_img whatsapp Share Avandia is not material SENIOR doctors’ proposal to withdraw Avandia on safety grounds, which remains subject to an EU-wide final decision this month, would have little impact on the valuation of Glaxo. The market has long assumed declining future revenues and contribution to earnings from the diabetes drug.The peak year for sales was back in 2007 when it joined the blockbuster drug class with sales of £1.2bn. Since then it has drifted down with sales of £771m last year and it goes out of patent in 2012-13. If the drug is withdrawn, Glaxo will lose around £770m in revenues, cutting around £500m from its bottomline – an amount the well diversified Glaxo can afford. Yet, the legal uncertainty over Avandia is already hitting its shares – which are trading at a lower multiple than its European peer group. Now could be the time to pick up a bargain. Show Comments ▼ Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proofcenter_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald whatsapp Monday 6 September 2010 8:23 pm Tags: NULLlast_img read more

Record for foreigners in UK shopping bonanza

first_img Show Comments ▼ LAST month was the busiest on record for international shoppers hitting UK stores, a new survey showed today.Sales were up 18 per cent with shoppers from China, Russia, Thailand and Malaysia leading the boom. The hike came despite Middle Eastern shoppers heading home for religious festival Ramadan during the month. The growth in Chinese shoppers was 73 per cent. They snapped up luxury items, particularly watches. Meanwhile Thai shoppers were up 71 per cent, Russians 45 per cent and Malaysians 44 per cent. Nigel Dasler, vice president of financial service company Global Blue which carried out the research, said: “We have seen a concentration and increase in spend from the Middle East market.” KCS-content whatsapp Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald center_img whatsapp Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Record for foreigners in UK shopping bonanza Share Monday 6 September 2010 8:42 pmlast_img read more

Retail insolvency rates fall to pre-2007 levels

first_img Show Comments ▼ Retail insolvency rates fall to pre-2007 levels whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Tags: NULL Sunday 10 October 2010 11:10 pmcenter_img RETAIL insolvencies fell to pre-recession levels this quarter, according to research from PricewaterhouseCoopers (PwC).Just 360 firms went bust in the third quarter, a drop of 11 per cent from the second and a massive 26 per cent reduction on last year.PwC believes the improvement will be continued as most of the weaker firms on the high street have already gone bankrupt.The retail figures echo a wider trend, with a total of 3,313 companies becoming insolvent in the third quarter of 2010 – a fall of 18 per cent on the previous quarter and 29 per cent fewer than the year before.Mike Jervis, partner in the business recovery services practice at PwC, said: “The reduction in insolvencies reflects the expectation and hope that more favourable conditions will return and a viewpoint that alternative options to insolvency are being considered.“UK businesses are certainly not out of the woods yet as we expect looming public sector cuts will hit the bottom line of many public sector suppliers. Companies within the construction and service industries could potentially be among the worst hit.” whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Share KCS-content last_img read more

BoA is forced to repay $500m in Lehman assets

first_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Lifemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmWolf & ShepherdNFL Star Rob Gronkowski Loves These ShoesWolf & Shepherd Show Comments ▼ More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com KCS-content whatsapp Sharecenter_img whatsapp BANK of America Corp was ordered by a US judge to return $500m (£314.1m) of deposits it seized from Lehman Brothers Holdings shortly after Lehman’s record bankruptcy.US Bankruptcy judge James Peck said Bank of America violated federal law when it “brazenly” seized the deposits, after having taken advantage of Lehman’s weakened condition in the summer of 2008 in obtaining the money.“It is difficult to understand how Bank of America could have thought that taking the money was the right thing to do without first seeking permission from the court,” Peck wrote in a opinion filed in Manhattan bankruptcy court.“The actions taken were surprising and, quite frankly, disappointing for a leading financial institution that should care a great deal about its reputation,” he wrote.The decision is a victory for Lehman as it tries to repay creditors still owed hundreds of billions of dollars following its 15 September 2008 bankruptcy.Peck directed Lehman to draft an order calling for the return of the $500m plus interest, and for the parties to meet to discuss “the amount of any further monetary award.” BoA is forced to repay $500m in Lehman assets Wednesday 17 November 2010 7:47 pmlast_img read more

More hedgies probed by FSA

first_img MONEY managers SAC Capital Advisors, Janus Capital Group and Wellington Management have received inquiries from the Securities Exchange Commission (SEC) in the ongoing Wall Street insider-trading investigation.SAC, a giant hedge-fund manager run by Steve Cohen, received an information request while Janus Capital disclosed the inquiry yesterday in a filing, saying it would fully cooperate.Investigators reportedly requested general information from money manager Wellington Management. The firm did not comment. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content Tuesday 23 November 2010 9:07 pm Show Comments ▼ Sharecenter_img More hedgies probed by FSA whatsapp Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoammoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com whatsapplast_img read more

Deutsche Tel pays Vivendi £1bn

first_imgWednesday 15 December 2010 7:18 pm Share KCS-content Tags: NULL whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Show Comments ▼center_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Deutsche Tel pays Vivendi £1bn whatsapp Deutsche Telekom is to pay Vivendi €1.25bn (£1.07bn) to settle an 11-year dispute over ownership of Polish mobile phone operator PTC, in a boost to the German company’s expansion plans in Eastern Europe. For Vivendi, the deal provides a welcome cash infusion that could be used for acquisitions, such as buying out minority shareholders in its French mobile operator, SFR. last_img read more

Hunt under pressure over Murdoch links

first_img Wednesday 22 December 2010 8:56 pm whatsapp Show Comments ▼ Tags: NULL Hunt under pressure over Murdoch links whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Share Lord Fowler, the veteran conservative, said that the News Corp bid for Sky should be decided by an independent body.Meanwhile, Cable was under continued pressure to quit in the wake of his remarks that he is “at war with Rupert Murdoch”. He was stripped of his regulatory powers over the media due to the remarks but MPs on both sides of the House have called for him to resign. Backbench Tory MP Christopher Chope told City A.M. that Cable has “discredited his position. The Prime Minister and deputy prime minister recognise that he’s a failure and normally what happens is if you’re a failure then you’d get the boot”.Jeremy Hunt declined to comment yesterday. KCS-content CULTURE secretary Jeremy Hunt’s suitability for taking over the media regulation brief was called into question yesterday as cabinet secretary Gus O’Donnell said that he had taken legal advice regarding Hunt’s impartiality. Hunt has found himself thrust into the controversy surrounding business secretary Vince Cable after David Cameron transferred all of Cable’s responsibilities relating to regulation of the media to him.The changeover means that Hunt will be responsible for deciding whether News Corporation’s proposed buyout of Sky is allowed to go ahead. But he was embroiled in a row over his past expression of support for News Corp, in light of Cable’s demotion over his hostility to the firm. Hunt has in the past spoken in favour of Murdoch, saying that he has “probably done more to create variety and choice in British TV than any other single person”. Shadow business secretary John Denham said that Hunt’s praise for Murdoch makes him unsuitable for his new role: “It is very hard to see how any decision Jeremy Hunt makes will enjoy complete confidence,” he said.In a letter addressing Denham’s concerns, O’Donnell said that he had been forced to take into account Hunt’s past comments on News Corp in consultations with lawyers over the transfer of powers. In the remarks Denham cited, Hunt said: “We would be the poorer and wouldn’t be saying that British TV is the envy of the world if it hadn’t been for Murdoch being prepared to take that commercial risk (by investing in Sky).”But O’Donnell said that he was ultimately “satisfied that those statements do not amount to a pre-judgment of the case in question”.It also emerged that Hunt had met privately with News International chief executive James Murdoch upon his appointment as culture secretary.There were reports yesterday that News Corp is now so confident that the buyout will be passed by regulators that it has cancelled a planned advertising campaign aimed at promoting the bid.last_img read more

Borders loses two top execs

first_img Show Comments ▼ Borders loses two top execs KCS-content Tags: NULL Bookseller Borders yesterday announced the resignation of two top executives, as the retailer battles its economic woes. Borders revealed late yesterday that general counsel Thomas Carney and chief information officer D. Scott Laverty had resigned. The bookseller’s shares dipped by 13 per cent on Friday, and dropped by 11 per cent to 85 cents in after hours trading yesterday after news of the resignations. Sharecenter_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Monday 3 January 2011 11:28 pm whatsapplast_img read more

Geithner backs bankers on push for regulation clarity

first_imgThursday 27 January 2011 8:36 pm Share More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Show Comments ▼ KCS-content whatsappcenter_img whatsapp Geithner backs bankers on push for regulation clarity THE heads of the world’s biggest financial players met in Davos yesterday to try to mend their relationship with regulators who are crafting tougher rules to prevent another financial crisis.At a meeting on the fringes of the World Economic Forum, the bankers including the heads of JP Morgan Chase, UBS, Credit Suisse and Barclays, discussed issues ranging from financial stability to the Eurozone crisis and later told US secretary of state Timothy Geithner, pictured left, about their need for more regulatory clarity. “We are working through a range of ideas of how to work together,” said Howard Lutnick, chief executive of private investment bank Cantor Fitzgerald.Participants said Geithner shared their view about the need for more regulatory clarity.Prudential chief executive Tidjane Thiam, who co-chaired the meeting with Barclays’ Bob Diamond, said: “We have recovered, things are going better. The dialogue has improved. But we are in the middle of the process.” Participants said there was little discussion of new proposals for regulation or financial stability. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULLlast_img read more

US makes move in tax case

first_img Show Comments ▼ whatsapp whatsapp US makes move in tax case KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrapcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam Sunday 20 February 2011 10:35 pm US authorities have arrested a Credit Suisse banker as a “material witness” as they investigate other banks that may have helped Americans to avoid paying taxes, a spokesman for the bank confirmed yesterday.The banker is not allowed to leave the United States after his arrest two weeks ago when he entered the country to meet with clients, according to Swiss newspaper SonntagsZetiung.The banker is working for Credit Suisse Private Advisors, a unit of Credit Suisse that is fully licensed with the SEC to provide banking services to US clients out of Switzerland.The paper also cited an unnamed Credit Suisse manager as saying the banker was arrested because of activities linked to his time before joining Credit Suisse.Credit Suisse declined to comment, however spokesman Mark Dosch told City A.M. that the firm stressed the employee was a witness, not a defendant. He added that the US interest was in activities related to a prior employer, as the staff member only joined Credit Suisse in 2009.Switzerland’s largest bank, UBS, has faced intense pressure from US tax authorities over alleged tax evasion since 2008. The bank was prosecuted through US courts and forced to pay a $780m (£480m) fine and hand over client names. Share Tags: NULLlast_img read more