An official with the Greek financial crimes squad SDOE has reportedly said that Margaret 
Papandreou, mother of former Prime Minister George Papandreou, is involved with a deposit of 550 million euros ($714.28 million) in the Geneva, Switzerland branch of HSBC, the biggest on a list of 2,059 Greeks with accounts there who haven’t been checked for tax evasion…article
At a meeting of European Women’s Management Development, speaks called for more women in more positions of importance in world finance. Their mission: transparency and to bridge the gap between poor and rich. Susanne Meier article
As a 56-year-old investment manager and mother of four grown children, I read many 
articles about the issues facing women with demanding careers as well as families, such as Anne-Marie Slaughter’s article in The Atlantic and the Wall Street Journal piece about the lack of women in finance, assessing how closely the experience described mirrors my own. While most of these pieces explain how the pressure from competing forces results in many women leaving the workforce, they fail to mention a very significant issue: the impact on those of us who remain behind..article
There are no oil rigs on Lake Geneva but each year enough oil to meet Swiss needs 75 times over is traded electronically in the nondescript offices that hug the shore of the largest lake in the Alps. Article
A Russian businessman helping Swiss prosecutors uncover a powerful fraud syndicate has died in unexplained circumstances near his mansion in Britain, in a chilling twist to a Russian mafia scandal that has strained Moscow’s ties with the West. Article
The ex-husband Gustl Mollath of a bank officer is in psychiatric lock down for pointing out that his now ex-wife was money laundering. Beate Merk, justice ministeress for Bavaria, says he was institutionalized by the book. But, as the government of Bavaria appears near collapse over this miscarriage of justice, both women are in the spotlight. Article
BRUSSELS -A European Union official has told The Associated Press Tuesday that a deal
has been reached that would pave the way for Greece to receive the next instalment of its much-needed bailout loans…article
People who report to new Dads have less of a shot a salary increases. Women who have babies have a higher chance of getting a raise. Read the Economist’s report.
Suzanne Mubarak, the wife of Egypt’s deposed leader, was accused of money laundering earlier this year. The withdrew $191 million from the Women for Peace Foundation she started in Geneva after the ousting of her family’s regime last February. The WPF took in lots of money and showed no results whatsoever. The Swiss federal investigators are currently looking into the financial violations committed by Mubarak and her deputy Aliya Bedary, who resides in Switzerland, and found money laundering and tax evasion estimated to be somewhere near $950 million. Her nephew was recently detained in Dubai for fraudulent financial transactions. In the face of a thoroughly corrupt financial system, Morsy talks clean. Loans from the IMF depend on this. Article
Afghanistan’s biggest private bank was a massive fraud scheme from its founding, with £540 million ($861 million) diverted to a clique of beneficiaries including the president’s brother, a British-funded audit has found. Article
