Robinhood expands crypto trading to more-regulated European Union
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in...
archivePRIVT
European shares slip as Barclays steers financials lower
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 4, 2023. REUTERS/Staff/File...
Swiss Banque Pictet pays $123 mln for helping clients evade US taxes
The word "taxes" is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - Swiss private bank Banque Pictet has admitted to helping U.S. taxpayers hide more than $5.6 billion from the Internal Revenue Service (IRS) and has entered into a deferred prosecution agreement with the Justice Department, federal prosecutors said on Monday.According to prosecutors, U.S. taxpayers with Pictet accounts in Switzerland and elsewhere evaded about $50.6 million in taxes between...
CLS to decide whether to delay FX settlement cutoff in Q1
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNEW...
Infrastructure funds prepare sales of airports in UK and Italy-sources
A aircraft taxis past the control tower at Edinburgh Airport in Scotland April 23, 2012. REUTERS/David Moir/File Photo Acquire Licensing RightsLONDON, Dec 1 (Reuters) - A group of infrastructure investors around Europe are working on the sale of their stakes in European airports, leveraging on the recovery of travel in the wake of the COVID-19 pandemic, according to bankers, investors and industry sources.Among the largest of the airports that may see a change of ownership as soon as 2024 is Edinburgh, five of the sources said.Its owner Global Infrastructure Partners...
ECB’s Panetta warns of risk of economic damage from high interest rates
Newly appointed Governor of the Bank of Italy, Fabio Panetta looks on as he attends a banking conference in Rome,...
US sanctions cryptocurrency mixer Sinbad over alleged North Korea ties
U.S. Treasury Department Deputy Secretary Wally Adeyemo attends the Reuters NEXT Newsmaker event in New York City, New York, U.S.,...
Europe’s Signa toppled in property rout
VIENNA/FRANKFURT, Nov 29 (Reuters) - Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe's property crash.Controlled by Austrian magnate Rene Benko, the group is an owner of New York's Chrysler Building as well as several high-profile projects and department stores across Germany, Austria and Switzerland.The multi-billion-euro group, whose tentacles reach from Germany's best-known department store, Berlin's KaDeWe, to the country's top high-street chain Galeria and a skyscraper project, is set to send ripples...
Singapore’s Keppel to buy Aermont Capital for $1 bln, expand into Europe
Deal to expand Keppel's presence beyond Asia Pacific to EuropeAcquisition to boost Keppel's funds under management by S$24 blnDeal to...
Blinken to visit Israel, West Bank, UAE this week to continue Gaza diplomacy
U.S. Secretary of State Antony Blinken disembarks from his airplane upon arrival at Brussels Airport in Brussels, Belgium, on November 27, 2023, as he travels to a NATO foreign ministers' meeting. SAUL LOEB/Pool via REUTERS Acquire Licensing RightsBRUSSELS, Nov 27 (Reuters) - U.S. Secretary of State Antony Blinken will visit Israel, the West Bank and the United Arab Emirates this week, the U.S. State Department said on Monday, as Washington aims to press for more humanitarian aid for Gaza and help secure the release of all hostages kidnapped by Hamas.Blinken...