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goldman sachs

October 24, 2011

Just when you thought the name of Goldman Sachs could be subjected to no further opprobrium came the news of a secret deal between the bank and Her Majesty’s Revenue and Customs. This settlement followed a lengthy and complex dispute over national insurance contributions that featured a scheme involving Goldman Sachs Services, an associated company in the British Virgin Islands. Yawn yawn, you might think. 

Just when you thought the name of Goldman Sachs could be subjected to no further opprobrium came the news of a secret deal between the bank and Her Majesty’s Revenue and Customs. This settlement followed a lengthy and complex dispute over national insurance contributions that featured a scheme involving Goldman Sachs Services, an associated company in the British Virgin Islands. Yawn yawn, you might think.

September 19, 2011

Following last week’s arrest of rogue trader Kweku Adoboli, Swiss bank UBS has probably had as much fun in investment banking as its wealthy clients can stand.

Following last week’s arrest of rogue trader Kweku Adoboli, Swiss bank UBS has probably had as much fun in investment banking as its wealthy clients can stand.

Adoboli was accused of fraud after incurring a potential $2.3 billion loss for the bank. A UBS spokesman won’t say how it happened, but the problem appears to relate to unhedged dealing losses, disguised by fake trades.

December 11, 2007

A problem for many companies is how to raise liquidity and yet remain private. Michael Fischer discovers that one firm may have found the answer – a little known electronic
market that US businesses are keen to join and competitors are desperate to copy

Michael Fischer is a freelance journalist based in the US.

A problem for many companies is how to raise liquidity and yet remain private. Michael Fischer discovers that one firm may have found the answer – a little known electronic market that US businesses are keen to join and competitors are desperate to copy

March 2, 2007

There was a time when private bankers only looked after their clients’ money. Today, as Karen Jones reports, not only are the clients themselves changing, but they also require their banker to act as confidant, find them a marriage partner and arrange the stag do

There was a time when private bankers only looked after their clients' money. Today, as Karen Jones reports, not only are the clients themselves changing, but they also require their banker to act as confidant, find them a marriage partner and arrange the stag do.

Karen Jones is a freelance journalist based in the UK.

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