Into Africa: Clifford Chance, Allen & Overy
Major law firms Clifford Chance and Allen & Overy have unveiled plans to open offices in Casablanca.
Regions
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HSBC cuts ties with expat US clients
HSBC Private Bank will cease offering services to US private clients who bank overseas.
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Santander poaches Cuervo from HSBC
Santander Asset Management has appointed José Cuervo as its global head of Latin American equities.
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Another Congressional bill would boost US tax coffers by shutting down tax havens
A fresh effort is under way in Washington to boost Americas tax coffers by targeting offshore money
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Axa CEO reveals Asia expansion plans
Axa plans to double sales in Asia over the next three years, Axa CEO Stuart Harrison told a HK paper
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IRS issues more guidance on FATCA
The IRS yesterday issued fresh guidance on how foreign financial institutions must comply with FATCA
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Americans urged to lobby Congress on FATCA
American Citizens Abroad has urged Americans residing overseas to lobby Congress on FATCA.
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IRS extends tax amnesty scheme deadline, citing hurricane
The US tax authorities have extended the deadline for a tax amnesty scheme by nine days.
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Singapore third most expensive country in Asia for expatriates
Singapore named sixth most expensive city and third most expensive country in Asia.
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Barclays Wealth names Latin America and EMEA head
Thomas Roiz has been appointed managing director and market head for Latin America,
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BNY Mellon AM names new CEO for Asia-Pac
Alan Harden has been appointed chief executive officer for the Asia-Pacific region at BNY Mellon.
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US adds to expat reporting disclosure rules, amnesty scheme
The IRS has added to the information it requires from Americans with offshore bank accounts.