Company News



UBS confirms fresh tax evasion probe in the US

UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in the US. . .

http://www.bbc.co.uk/news/business-31349135



BNP Paribas chiefs lose bonuses

BNP Paribas has slashed the bonuses for its top executives to reflect the impact of last year’s $8.9bn fine for US sanction violations that almost wiped out its annual profit . . .

http://hereisthecity.com/en-gb/2015/02/07/top-firm-chiefs-lose-bonuses/



London city jobs at record high

TheCityUK’s new London Employment Survey, released Monday, shows that the financial and related professional services industry has continued its strong recovery. . .

http://hereisthecity.com/en-gb/2015/02/02/london-professional-service-jobs-boost-employment-in-city-to-rec/



German and British Regulators Examining Deutsche Bank’s Controls and Reporting

German and British regulators are examining Deutsche Bank’s systems and controls as questions have again arisen about the German lender’s reporting procedures. . .

http://dealbook.nytimes.com/2015/01/30/german-and-british-regulators-examining-deutsche-banks-controls-and-reporting/?_r=2



FRC to focus on company culture and behaviour in 2015

The Financial Reporting Council (FRC) has noted many improvements in its recent report on compliance with UK Corporate Governance Code and increasing numbers of signatories to the Stewardship Code, however there are still areas for improvement, it warns . . .

http://auditandrisk.org.uk/news/frc-to-focus-on-company-culture-and-behaviour-in-2015