France tops US in women on corporate boards

France has overtaken the United States in placing women on the boards of the world’s 200 largest companies, according to a study released on Friday.

The average percentage of female directors among Fortune Global 200 companies, the world’s largest by revenues, came to a modest 15 percent, according to the study by the Corporate Women Directors International (CWDI)…articleFrance tops US in women on corporate boards

Mrs. Moneypenny’s Career Advice for Ambitious Women

Mrs. Moneypenny, the internationally read columnist at the Financial Times, has some harsh advice for women: You can’t have it all. Not even Mrs. Moneypenny. The successful columnist, author, TV personality, philanthropist and businesswomen says she’s made big sacrifices to get where she is, sacrifices that include skipping the gym and seeing less of her three children.  articleMoneypenny

Illicit Finances Flow in and out of Russia in Post-Soviet Era

The Russian economy hemorrhaged more than $200 billion to illicit financial outflows from 1994 through 2011, a new research report by Global Financial Integrity found.

Russia has also had a massive inflow of more than $550 billion over the same time span, which is drawn from the earliest year for which data are available following the dissolution of the Soviet Union, the report said…article 
Report
 
The Role of Underground Economy

Switzerland’s largest closely held private bank

Pictet & Cie, Switzerland’s largest closely held private bank, has changed its legal structure in a move that will protect their managing partners from unlimited liability.

The change comes after Wegelin, Switzerland’s oldest private bank, was closed following the investigation by the US Department of Justice into allegations it helped US citizens dodge $1.2bn in taxes.

Under the unlimited partnership structure, Wegelin’s partners are expected to be personally liable for its activities. PICTET_PressRelease_5.2.13Pictet

 

Major investigation involving Europol

A major investigation involving Europol and police teams from 13 European countries has uncovered an extensive criminal network involved in widespread football match-fixing.

A total of 425 match officials, club officials, players, and serious criminals, from more than 15 countries, are suspected of being involved in attempts to fix more than 380 professional football matches. The activities formed part of a sophisticated organised crime operation, which generated over ¤8 million in betting profits and involved over ¤2 million in corrupt payments to those involved in the matches. Europol matchfixing