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    1. November 21, 2014

      Fed signals curbs on banks’ commodities trading business

      The Federal Reserve plans to move forward with a rule that could limit banks’ ability to handle physical commodities such as...

    2. November 20, 2014

      Banks hit back over commodities risks

      Goldman Sachs, Morgan Stanley and JPMorgan emphasised the sale or wind down of their physical commodity businesses as they...

    1. November 19, 2014

      Report blasts US banks’ physical commodities operations

      Goldman Sachs, JPMorgan and Morgan Stanley exposed themselves to catastrophic financial risks, environmental disasters and...

    2. August 10, 2014

      Corporate America’s inquisitor-in-chief

      Wall Street and corporate America will breathe a collective sigh of relief when US Senator Carl Levin retires this year,...

    3. July 29, 2014

      Democrats fire new salvo at ‘corporate deserters’

      Democrats have launched the latest salvo in an increasingly politicised battle over corporate tax by proposing to tighten...

    4. July 23, 2014

      Obama pressed to act against Russia

      As Europe hesitates over whether to bring in more sanctions against Russia, US President Barack Obama is facing fierce...

    5. July 22, 2014

      Renaissance defends role amid Senate tax probe

      Renaissance Technologies said tax benefits were not the main reason it purchased certain options from Barclays and Deutsche...

    6. June 17, 2014

      US senators push for curbs on flash traders

      US senators stepped up their scrutiny of high-frequency trading at a congressional hearing on Tuesday, raising pressure on...

    7. May 20, 2014

      US bill would thwart corporate tax moves

      A group of 14 Senate Democrats moved to thwart plans by US companies such as Pfizer to redomicile abroad through mergers to...

    8. April 1, 2014

      Caterpillar probe shifts focus to US tax code

      US Republicans used an investigation into Caterpillar’s tax strategy on Tuesday to highlight problems with US corporate tax...

    9. March 31, 2014

      Caterpillar accused of ‘shifting’ profits

      Caterpillar, the world’s largest maker of heavy machinery, used a Swiss affiliate to shift 85 per cent of its parts profits...

    10. March 30, 2014

      Caterpillar faces US grilling over tax

      Caterpillar executives are in line to be grilled this week by the senate committee that has taken Apple, Microsoft and...

    11. FT Alphaville

      March 28, 2014

      Designed in California, taxed in never never land

      David Zion, head of accounting and tax at ISI Research, has totted up the fast growing reserves of indefinitely reinvested...

    12. March 21, 2014

      Caterpillar faces US Senate tax inquiry

      Caterpillar, the world’s largest maker of heavy machinery, has become the subject of a US Senate inquiry into allegations...

    13. February 27, 2014

      Close the account on Swiss secrecy

      Listening to US senators this week as they lambasted Credit Suisse over its reluctance to assist investigations into tax...

    14. February 26, 2014

      US senators rebuff Credit Suisse arguments over tax allegations

      US senators accused Credit Suisse executives of hiding behind Swiss laws during a testy hearing in Washington to investigate...

    15. February 26, 2014

      Credit Suisse hearing attacks Swiss secrecy

      Swiss bank secrecy laws drew as much fire as Credit Suisse did in Washington on Wednesday as US lawmakers expressed...

    16. February 25, 2014

      Credit Suisse ‘helped US tax evaders’

      Credit Suisse made false claims in US visa applications, conducted business with clients in secret elevators and shredded...

    17. October 16, 2013

      US senators say questions remain over Ireland’s tax reform

      The US senators who exposed Apple’s use of a loophole in Irish law that enabled the company to save tax on $44bn in offshore...

    18. FT Alphaville

      July 23, 2013

      The Closer

      FURTHER FURTHER READING - Goldman would like to clarify some commodities matters. - The Tourre trial powers onward. -...

    19. June 17, 2013

      Foray into global tax fraught with challenges

      US business groups have been opposed to even the smallest foray into the kind of country-by-country tax reporting debated by...

    20. May 24, 2013

      Apple hearing unlikely to solve tax question

      It was telling that Carl Levin, the veteran Democratic senator, launched his grilling of Tim Cook, the Apple chief...

    21. May 24, 2013

      Apple: not such a taxing issue

      The fundamental point is obvious. It is tax law, in the US and elsewhere, that needs to change, not Apple or any other...

    22. May 23, 2013

      I saw the best taxes of my generation ...

      With apologies for my lack of decorum, I would like to howl – not in the manner of a wild beast, mind you, but in the spirit...

    23. May 22, 2013

      Apple’s policies unlikely to change without tax reform

      Carl Levin, the combative chairman of the US Senate committee investigating Apple’s corporate tax practices, pushed the...

    24. FT Alphaville

      May 21, 2013

      The Closer

      FURTHER FURTHER READING - Why Jamie Dimon remains both chairman and chief executive of JPMorgan: because he makes money, and...

    25. May 21, 2013

      Apple chief’s gamble pays off as criticism remains muted

      Tim Cook’s bid for the moral high ground in Washington on Tuesday proved surprisingly successful, as the Apple chief...

    26. May 21, 2013

      Apple chief Tim Cook defends tax practices and denies avoidance

      Tim Cook, Apple’s chief executive, mounted an emphatic and unapologetic defence of the US technology group’s tax practices,...

    27. April 25, 2013

      US suspects Syria used chemical weapons

      The White House said for the first time on Thursday that the Syrian regime has likely used chemical weapons in its battle to...

    28. March 17, 2013

      Senate staff scour JPMorgan statements

      Senate aides are looking for inconsistencies in statements made by Jamie Dimon, chief executive of JPMorgan Chase, and Doug...

    29. March 15, 2013

      Report portrays loss of control at JPMorgan

      The US Congress raised the heat on Jamie Dimon, chief executive of JPMorgan Chase, as his lieutenants were grilled over...

    30. February 12, 2013

      Senate committee approves Hagel nomination

      A Senate committee has approved the nomination of Chuck Hagel to be the next secretary of defence, setting the stage for a...

    31. January 24, 2013

      President’s choice for SEC has daunting task

      Calling for “cops on the beat”, President Barack Obama nominated former US prosecutor Mary Jo White to lead the Securities...

    32. January 10, 2013

      Copper users attack SEC on ETF backing

      A group of copper users has rounded on the Securities and Exchange Commission for its “arbitrary and capricious” decision to...

    33. September 20, 2012

      Senate report criticises offshore schemes

      Microsoft and Hewlett-Packard have been accused of using “dubious” schemes to avoid billions of dollars in US tax by a...

    34. September 6, 2012

      JPMorgan faces fresh probe

      JPMorgan Chase is facing a new probe from the US Senate into the trading losses at its chief investment office, which have...

    35. September 6, 2012

      JPMorgan flip flops on commodity ETFs

      Will JPMorgan’s planned physical copper exchange-traded fund “wreak havoc” on the global economy? Comment by email Sign up...

    36. August 15, 2012

      Probe points to former HSBC Syria link

      HSBC opted to continue with a business relationship with one of the key financiers to the regime of Syrian president Bashar...

    37. August 10, 2012

      Levin hits back on lack of Goldman charges

      Carl Levin, the US senator who led an inquiry into the actions of Wall Street banks in the financial crisis, has hit back...

    38. FT Alphaville

      August 10, 2012

      The 6am Cut London

      China’s export growth slowed much faster than expected in July. Year-on-year growth for the month was 1% compared with...

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