Results for Switzerland
- Administrators Say Some Interest In Alpari From Potential Buyers
Administrators for currency trading firm Alpari (UK) Ltd said they had received a number of inquiries from potential buyers of the business hit by heavy losses from last week's surge in the value of the Swiss franc, Reuters reported. Alpari lost mil ...
Daily Headline - global.abi.org - 01/19/2015 - 23:43 - 0 comments
- Solarmax Parent Company To File For Insolvency
Sputnik Engineering, the parent company of Swiss inverter manufacturer Solarmax, will file for insolvency in Switzerland this week PV Tech has learned. In a circular sent to customers and seen by PV Tech, the company said it had looked for alternatives b ...
Daily Headline - global.abi.org - 11/27/2014 - 19:35 - 0 comments
- Switzerland’s Eurofin in Process of Largely Shutting Down
A Swiss financial company embroiled in the Espírito Santo saga is in the process of largely shutting down, according to people familiar with the matter, The Wall Street Journal reported. The Lausanne-based company, Eurofin Holding SA, is selling or s ...
Daily Headline - global.abi.org - 11/19/2014 - 20:48 - 0 comments
- HSBC’s Swiss Private Bank Charged in Belgium Tax Fraud Inquiry
The Swiss private banking arm of HSBC has been charged by Belgian authorities with assisting wealthy individuals to avoid paying taxes on several billion dollars in assets, the International New York Times DealBook blog reported. A Belgian investigat ...
Daily Headline - global.abi.org - 11/17/2014 - 20:09 - 0 comments
- Monarch Airlines Rescued As Mantegazzas Take Flight
Monarch Airlines has agreed a rescue deal that will result in Switzerland’s Mantegazza dynasty, who started the business with just two aircraft in Luton in 1968, selling up completely, The Telegraph reported. Family patriarch Sergio Mantegazza is und ...
Daily Headline - global.abi.org - 10/26/2014 - 17:41 - 0 comments
- Switzerland Investigates Bank With Ties to Espírito Santo Companies
A Swiss financial regulator said on Wednesday that it had initiated enforcement proceedings against a Swiss bank with ties to the Espírito Santo family’s troubled group of companies, the International New York Times DealBook blog reported. The Swiss ...
Daily Headline - global.abi.org - 09/03/2014 - 21:20 - 0 comments
- Credit Suisse Played Role in Espirito Santo Collapse
Credit Suisse helped put together billions of dollars in securities that were issued by offshore investment vehicles of Banco Espirito Santo SA and then sold to the Portuguese bank's retail customers, the Wall Street Journal reported on Sunday. In t ...
Daily Headline - global.abi.org - 08/17/2014 - 19:12 - 0 comments
- EUROPEAN UPDATE: Switzerland: More Restructuring-Friendly Insolvency Law
EUROPEAN UPDATE: Switzerland: More Restructuring-Friendly Insolvency Law (Citation: Adam Gallagher and Ueli Huber, Switzerland: More Restructuring-Friendly Insolvency Law, XXXIII ABI Journal 7, 32-33, 77-78, July 2014) - Adam Gallagher and Ueli Huber ...
Resource Article - abi_editor - 06/26/2014 - 15:11 - 0 comments - 0 attachments
- New restructuring law in Switzerland
Birgit Sambeth Glasner and Florence Pastore describe the key features of the new restructuring laws which have recently come into force. Attachment Size att00048.pdf 207.78 KB (Europe, Switzerland) ...
Resource Article - twallace@abiwor... - 06/11/2014 - 10:53 - 0 comments - 1 attachment
- Credit Suisse Pleads Guilty in Tax Evasion Case
Credit Suisse has done what no other huge bank has done in over two decades: plead guilty to criminal wrongdoing, the International New York Times DealBook blog reported. In a sign that global banking giants are no longer immune from criminal charges ...
Daily Headline - global.abi.org - 05/19/2014 - 20:45 - 0 comments