Economy & Finance

U.S. asks Liechtenstein for data in tax evasion probe

Published 27/03/2013

ZURICH (Reuters) - United States prosecutors have asked Liechtenstein to hand over data on foundations and other financial vehicles as part of their investigation into [more…]

Portugal government says “no chance” Cyprus deal can be template

Portugal government says “no chance” Cyprus deal can be template

Published 27/03/2013

LISBON (Reuters) - The Portuguese government on Wednesday ruled out any possibility of a bailout deal involving losses on bank deposits like the one agreed [more…]

Exclusive: Linux users file EU complaint against Microsoft

Exclusive: Linux users file EU complaint against Microsoft

Published 26/03/2013

MADRID (Reuters) - A Spanish association representing open-source software users has filed a complaint against Microsoft Corp to the European Commission, in a new challenge [more…]

Cyprus crisis puts Austrian bank secrecy on agenda

Published 25/03/2013

VIENNA (Reuters) - Cyprus's financial crisis has put Austria's centuries-old tradition of banking secrecy under fresh scrutiny, posing a potential political problem for Vienna as [more…]

Euro zone meeting on Cyprus delayed for further talks

Euro zone meeting on Cyprus delayed for further talks

Published 24/03/2013

BRUSSELS (Reuters) - Euro zone finance ministers delayed by two hours a Sunday evening meeting intended to help Cyprus meet a Monday deadline to avert [more…]

BlackRock hires Credit Suisse executive to bolster hedge fund unit

Published 22/03/2013

(Reuters) - BlackRock, the world's largest money manager, hired Andy Stewart, head of one of Credit Suisse's hedge fund units, to bolster its own alternatives [more…]

Levy on bank deposits “on the table”: Cypriot finance minister

Published 22/03/2013

NICOSIA (Reuters) - A levy on bank deposits is "clearly on the table" at talks between Cypriot leaders to raise the billions of euros demanded [more…]

Eurogroup’s Dijsselbloem says hopes for proposal from Cyprus on Friday

Eurogroup’s Dijsselbloem says hopes for proposal from Cyprus on Friday

Published 22/03/2013

THE HAGUE (Reuters) - Eurogroup head Jeroen Dijsselbloem said on Friday that euro zone finance ministers were focused on keeping Cyprus in the euro zone. [more…]

German Finance Minister says unsure if euro zone finance ministers to meet on Cyprus at weekend

German Finance Minister says unsure if euro zone finance ministers to meet on Cyprus at weekend

Published 22/03/2013

BERLIN (Reuters) - German Finance Minister Wolfgang Schauble said on Friday he did not know whether euro zone finance ministers would meet at the weekend [more…]

Five questions to get to brass tacks with your money manager

Published 22/03/2013

CHICAGO (Reuters) - When interviewing a money manager, most investors want to know investment performance. It is a natural question, but there is much more [more…]