Swiss lender Zuercher Kantonalbank (ZKB) said two of its bankers and one former
employee had been charged by U.S. authorities, which had accused them of helping U.S. clients avoid taxes…article
Is Walmart Responsbile for Factory Conditions in Bangladesh ?
Fatal fire in Tazreen factory which makes clothing for Walmart. The disaster was the latest in a string of fatal fires in Bangladesh’s large garment manufacturing sector. In December 2010, a wiring problem led to a fire in another clothes factory in the same industrial zone, leaving at least 25 people dead. Article
Park Elected First Woman President of South Korea
Park will take office for a mandatory single, five-year term in February and will face an immediate challenge from a hostile North Korea and have to deal with an economy in which annual growth rates have fallen to about 2 percent from an average of 5.5 percent in its decades of hyper-charged growth. Park is unmarried and has no children, saying that her life will be devoted to her country. Article
Investors Leaving the Gun Market
Cerberus said in a statement Tuesday that it will abandon its investment in Freedom Group, which produces the Bushmaster line of firearms. Adam Lanza is believed to have used a .223-caliber Bushmaster AR-15 rifle — the equivalent of the military’s M-16 weapon — in his assault on Sandy Hook Elementary School. The real question in the US now is why the President does not sign an executive order making assault weapons illegal. Pay people to return them. Article
Libor Scandal Won’t Go Away
Swiss Bank to be hit with one of the largest fines in history. Article
10 Things Women Want From A Financial Advisor
Bangalore: Women are always a bit different in nature from men. As an investor, men do
their own research, consult few friends or a financial advisor and then step into the investment world. But for women it’s different…article
Russian women in charge of family finances
Big changes have taken place in the attitudes of Russian families toward finances over the last 15-20 years. Equal control of family budgets by both spouses has been gradually shifting in favor of control by one partner or the other. Who ends up in the role of household “finance minister” depends on a number of important factors…article
Are IPOs Clean Investments?
Morgan Stanley fined $5 million for improper direction of Facebook’s CFO during launch. Article
Women, Finance the World You Want
Women are gaining financial independence to an unprecedented degree — they now
make up the majority of college graduates, are nearly half of the labour force and are becoming the primary earners in many households. Yet most remain uneasy or uninvolved when it comes to talking about and managing money...article
Yen Skids After New Election
Abe promises monetary easing and big spending on public works. Article





