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Romney's mountain of wealth could cause loud echo
WASHINGTON (AP) — Mitt Romney's tax returns tell the tale: Yes, he's rich — really rich. His returns, spanning more than 500 pages and released under political pressure Tuesday, represent an extraordinary financial accounting of one of the...Tags: Bain Capital, LLC, Charity, Companies and Corporations, Finance, Finance
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Asian shares reverse losses, capped before Fed meeting
ReutersLONDON (Reuters) - European shares turned lower but major currencies and commodities stuck within recent ranges on Wednesday as investors awaited clarity on the U.S. Federal Reserve's next policy move. Mixed reports on the strength of the U.S. economic...Tags: Foreign Exchange Market, SEI Investments Company, Nawaz Sharif, Music, Luxembourg
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Singapore punishes 20 banks in benchmark rate review
ReutersSINGAPORE (Reuters) - Singapore's central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates. The probe by the Monetary Authority of Singapore (MAS) marks the...Tags: Foreign Exchange Market, BNP Paribas, United Kingdom, Crime, Law and Justice, Finance
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Swiss committee says parliament should ditch debate on U.S. tax deal
ReutersBERN/ZURICH, June 13 (Reuters) - A Swiss parliamentary committee said on Thursday that lower house lawmakers should decline to debate a bill which would allow banks to sidestep strict secrecy laws and pass information to U.S. authorities. Switzerland has...Tags: Swiss Confederation, Geneva (Swiss Confederation), Parliament, Crime, Law and Justice, Finance
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Commodity funds mostly in red in gloomy first half year
ReutersNEW YORK (Reuters) - Commodity funds with combined assets of about $10 billion are heading for the half-year mark with losses, with some hoping that improving market fundamentals will overpower worries over global growth and stimulus measures in the...Tags: Morgan Stanley Dean Witter & Company, Greenwich, Finance, Citigroup Incorporated, Petroleum Industry
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Swiss upper house backs U.S. tax deal to protect banks
ReutersZURICH (Reuters) - Switzerland cleared the first hurdle towards ending a long-running U.S. tax probe after one chamber of lawmakers voted to allow banks to sidestep strict secrecy laws to end the threat of criminal charges for helping wealthy Americans...Tags: Geneva (Swiss Confederation), Swiss Confederation, Parliament, Bern (Swiss Confederation), Crime, Law and Justice
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Swiss upper chamber approves U.S. tax deal
ReutersZURICH, June 12 (Reuters) - The Swiss upper house of parliament backed on Wednesday a bill that would let Swiss banks hand over information to the U.S. authorities to help settle a dispute on tax evasion. After U.S. action over tax evasion led to the...Tags: Prosecution, Crime, Law and Justice, Justice System, Blackmail and Extortion
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Swiss-US tax deal clears first hurdle in upper house
ReutersZURICH, June 12 (Reuters) - Swiss lawmakers agreed on Wednesday to consider a bill that would let the country's banks sidestep strict secrecy laws to end a long-running United States tax probe, rejecting calls for the legislation to be killed. Five...Tags: Swiss Confederation, Parliament, Zurich (Swiss Confederation), Politics, Crime, Law and Justice
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Swiss-U.S. tax deal clears first hurdle in upper house
ReutersZURICH (Reuters) - Swiss lawmakers agreed on Wednesday to consider a bill that would let the country's banks sidestep strict secrecy laws to end a long-running United States tax probe, rejecting calls for the legislation to be killed. Five months after...Tags: Geneva (Swiss Confederation), Swiss Confederation, Parliament, Israel, Trials
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ON THE MOVE-Morgan Stanley hires advisers from Wells, UBS
ReutersJune 11 (Reuters) - Morgan Stanley Wealth Management, the largest U.S. brokerage, has expanded its footprint with a veteran adviser from Wells Fargo Advisors and a team from UBS Wealth Management Americas. In New Jersey, adviser Arthur Levine joined...Tags: Morgan Stanley Dean Witter & Company, Ridgewood, Wells Fargo & Co., Bank of America Corp.
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