Banking

SRA Challenges IRS Overreach on 831(b) Captive Insurance
Banking SRA Challenges IRS Overreach on 831(b) Captive Insurance

In a bold move challenging federal authority, SRA 831(b) Admin and partners have filed a lawsuit against the Internal Revenue Service (IRS), centering on what they describe as excessive regulatory overreach impacting the 831(b) captive insurance sector. This case marks an important moment in the

Can Bank of America Revive Its Indian Banking Division?
Banking Can Bank of America Revive Its Indian Banking Division?

In recent years, Bank of America (BofA) has undertaken critical steps to revitalize its Indian banking operations. The decision to bring Satish Arcot on board as the Managing Director for the capital markets unit signals an ambitious strategy to restore its once-vibrant investment banking presence

Triodos Bank Earns Top Marks for Ethical Investment Funds
Banking Triodos Bank Earns Top Marks for Ethical Investment Funds

Triodos Bank has been increasingly recognized for its leadership in ethical investment, earning high praise from Ethical Consumer magazine for its sustainable investment funds and ISAs. This distinction underscores Triodos Bank's steadfast commitment to ethical practices and sustainable financial

Is the Wilton Group Under Fire for Money Laundering Activities?
Banking Is the Wilton Group Under Fire for Money Laundering Activities?

In a dramatic turn spotlighting the intricate dance between power, money, and accountability, the Isle of Man-based Wilton Group finds itself enmeshed in a controversy that continues to command attention. Accusations have surfaced of possible money laundering activities, turning the gaze of law

European Banks Face Surprising Demand for More Office Space
Banking European Banks Face Surprising Demand for More Office Space

The unexpected challenge banks in Europe face as they attempt to bring employees back to traditional office settings after the Covid-19 pandemic is a growing concern. Initially, predictions suggested a future dominated by remote work, leading many institutions to downscale their physical office

Will the UK Maintain Its Lead in Europe's Financial FDI Market?
Banking Will the UK Maintain Its Lead in Europe's Financial FDI Market?

The landscape of foreign direct investment (FDI) in Europe's financial services sector is undergoing a period of transition, with many stakeholders attentively watching the United Kingdom's leading role. Despite a marked decrease in investment projects, the UK has remained Europe's paramount

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