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RBC closes customer accounts as Panama Papers review concludes

By Doug Alexander From Bloomberg Royal Bank adds new tax compliance measures after examination Accounts of about 40 clients shut due to bank’s risk-tolerance Royal Bank of Canada closed accounts of about 40 clients and bolstered tax compliance following a…

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Wyoming and Nevada: America’s Cayman Islands

From The Recorder BUFFALO, Wyo. — The U.S. government has publicly and privately pressured countries that act as offshore havens for hiding money, while this barren, sparsely populated state offers the same secrecy. The Cowboy State isn’t as notorious as…