Global Banking Monitor

Saturday, May 4, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: tax

French Bank Receives Court Adviser’s Backing in Lawsuit Over Dividend Tax Rule

French banks’ efforts to challenge guidance by the country’s tax authorities on dividend arbitrage strategies got the support of an adviser to the top...

Turkish Inflation Expected to Accelerate Following Tax Hikes

After eight months of deceleration, Turkish inflation probably ticked back up in July on the back of a string of tax hikes introduced to...

UK’s Tax System Seen as an “Obstacle” to Economic Expansion

Britain’s tax system is so complicated it has become an “obstacle to economic dynamism” and needs to be simplified, an influential committee in Parliament...

French Tax Agency demands €2.5 billion from banks over tax evasion allegations

France’s tax authority is seeking €2.5 billion ($2.7 billion) in back taxes from French banks over their roles in a dividend arbitrage strategy known...

Credit Suisse Accused by Senate Panel of Aiding Ultra-Wealthy Americans in Tax Evasion

Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million...

Canada’s Dividend Tax Change Aims to Collect Billions from Banks

Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they...

UK Finance Minister Hunt Refuses to Rush into Tax Cuts

British finance minister Jeremy Hunt said he wanted to lower tax rates for individuals and especially businesses in the longer term but warned it...

Morgan Stanley sees these names rebounding after heavy tax loss selling at the end of 2022

With a new year underway, there's an opportunity to scoop up some names that investors sold to save on taxes in 2022, according to...

India raises windfall tax on crude, diesel, aviation fuel

Jan 2 (Reuters) - India has raised windfall tax on petroleum, crude oil and aviation turbine fuel, according to a government order dated Jan....

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