Worldview offloads one third of Petroceltic’s debt to Cayman Islands fund
By Charlie Taylor, Mark Paul From The Irish Times Debt holders will jockey for position at examinership hearing on Friday Worldview Capital, the dissident shareholder seeking to gain control of troubled oil and gas explorer Petroceltic International, has sold more than…
Are Europe’s banks being prosecuted – or persecuted?
By Jamie Robertson Presenter, BBC World News From BBC Even BNP Paribas cannot shrug off a $9bn (£5.1bn) fine. The bank is the fourth biggest by assets in the world and has been found guilty of violating US economic sanctions…
The US debt ceiling crisis that ended with a whimper
By Jamie Robertson Presenter, BBC World News The US Congress has agreed to raise the debt ceiling until March 2015, averting another crisis that almost four months ago threatened to trigger a default on US debt and plunge the global…
HK banks including HSBC rejecting companies & trusts registered in Cayman Islands
By Benjamin Robertson From South China Morning Post Account problems cloud Hong Kong hub hopes Companies and trusts are finding it hard to set up banking services in the city, threatening its hopes of becoming service centre of Far East…
