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London Bank That Hid Iran Dealings Is Fed Up With ‘F—ing Americans’

Filed under: Banking, International
From 2001 to 2010, the management at British bank Standard Chartered (STAN) “schemed with the government of Iran and hid from regulators roughly 60,000 secret transactions, involving at least $250 billion,” earning “…

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U.K. Budget Proposal Adds New Levy on Banks, Raises Value-Added Tax

British Chancellor of the Exchequer George Osborne

In laying out a new budget to tackle Britain’s fiscal mess, newly appointed Chancellor of the Exchequer George Osborne has proposed a multibillion-pound bank levy, which will apply to the balance sheets of U.K. banks, as well as a hike in the value-added tax.

Continue reading U.K. Budget Proposal Adds New Levy on Banks, Raises Value-Added Tax

U.K. Budget Proposal Adds New Levy on Banks, Raises Value-Added Tax originally appeared on DailyFinance on Tue, 22 Jun 2010 10:43:00.

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