Category : Search result: offshore banking


American in Bali reveals daughter will never pay taxes

An American entrepreneur living a luxury life in Bali has sparked outrage by declaring his toddler daughter will 'never pay taxes' after he legally renounced their US citizenship, a move that severs all financial ties to America.

Best UK Banks 2024 Rankings Revealed

Discover the official rankings of the best UK banks in 2024. Find out which banks lead in customer service, digital banking, and overall satisfaction.

CBA posts record $10.2bn cash profit

Australia's largest lender, Commonwealth Bank, posts a historic $10.2bn cash profit amid rising interest rates, sparking debate over banking sector accountability.

Lloyds to close 45 UK bank branches

Lloyds Banking Group announces the closure of 45 branches across the UK, impacting Halifax and Bank of Scotland customers. Find out the locations and what alternatives are available.

Badenoch proposes UK asylum seeker camps

Business Secretary Kemi Badenoch faces backlash after suggesting the UK should establish asylum seeker processing centres on British territory, drawing comparisons to Australia's controversial offshore detention policy.

Ørsted shares crash £9bn amid cash call crisis

Ørsted, the global leader in offshore wind energy, faces a financial storm as shares nosedive by £9bn following a shock cash call. Discover the implications for the renewable energy sector.

Metro Bank secures £925m rescue package

Metro Bank has finalised a £925 million rescue package, including £325 million in new capital and £600 million in debt refinancing, to stabilise its operations and reassure customers.

GMB star scammed out of life savings

A popular Good Morning Britain presenter has fallen victim to a devastating scam, losing their entire savings. Experts warn about rising sophisticated fraud tactics.

Sir Bill O'Brien, business titan, dies at 94

Sir Bill O'Brien, the visionary entrepreneur who transformed British retail and banking, has died at 94. His legacy reshaped industries and inspired generations.

KPMG UK Faces Backlash Over Bank Remarks

KPMG UK has come under fire after a senior executive made contentious remarks about banks, sparking outrage and calls for accountability. Here’s the full story.

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