Your Search Returned 21 tagged news reports
AN elaborate scheme that allows company directors to extract large amounts of cash from their companies and pay tax of just 25pc on the funds has come to light. The scheme allows 'fat cats' to avoid paying income tax, which is as high as 55pc at the margin,...
Tags: health levy, income tax, holding companies, PRSI, income levy, Ireland, Dublin, Taxation, Finance, Income tax in Australia, Dividends, Social Issues, Business Finance, Capital gains tax, Tax, Dividend
Financial Services for about a week now, says he expects Charlotte to play "a central part" in the lender's activities as he tries to turn around the embattled firm. But he also cautioned that the Detroit-based company "is not out of the woods yet."...Nationally,...
Tags: GMAC Financial Services, Charlotte Observer, Al de Molina, De Molina, Bank of America, holding companies, Ally Bank, ResCap, bank holding, Greenwich, Business Finance, Molina, MERS, GMAC
It’s clear by now that a failure of regulation on multiple fronts helped to fuel the financial crisis. What’s more, according to Bob Pozen -- chairman of MFS Investment Management and author of the book Too Big to Save?...Financial System -- government...
Tags: Bob Pozen, holding companies, discipline process, financial institution, Benin, Savé, GMAC, Federal Deposit Insurance Corporation, New York Stock Exchange, Bailout, Goldman Sachs, Debt, Business Finance
Land Bank, the Philippines� fourth-largest lender in terms of assets, said earnings reached P5.4 billion from July to September this year, 41 percent higher than the P3.8 billion reported during the same period last year. Total assets reached P512 billion...
Tags: Land Bank, nearly half, Philippines, Real, Government intervention during the subprime mortgage crisis, Subprime crisis impact timeline, Subprime mortgage crisis, Land Bank of the Philippines, Holding companies, Business Finance
Tracking the market and economic trends that shape your finances. October 30, 2009 | 5:05 pm Bank regulators are expected later today to take over Los Angeles-based California National Bank in what would mark the fourth-largest bank failure in the...
Tags: San Diego National Bank, U.S. Bank, California National Bank, Pacific National Bank, federal regulators, regulators seize, Illinois, parent companies, holding companies, US Bank
United Community Bank of Gonzales, which has about $129 million in deposits, is the subject of a merger bid by a larger bank based in Raceland. Community Bancorp of Louisiana Inc., the holding bank for Raceland-based Community Bank, is seeking permission...
Tags: United Community Bancshares Inc., community banks, holding companies
Although the 86-year-old media mogul faces a $500-million debt payment in the next two weeks, substantial gains recently in the value of his family's shares in Viacom Inc. and CBS Corp. have given Redstone some badly needed leverage with his lenders.
Tags: CBS Corp., Viacom Inc., Redstone Pares CBS, National Amusements Inc., Sumner Redstone, Summer Redstone, media mogul, holding companies, sell nearly, movie theater
Fargo police, fire and ambulance crews are joining the North Dakota National Guard in disaster training. The Guard says the city agencies are involved an exercise to test the community response to an aircraft disaster.
Tags: ND Bank Holding, holding companies
A Berkshire spokeswoman was not immediately available to comment. The cut by Moody's comes nearly four weeks after Fitch stripped Berkshire of its top rating, saying it believed "AAA ratings are not appropriate at the holding company level for financial-oriented...
Tags: Berkshire Hathaway Inc., Berkshire Hathaway Assurance Corp, Moody's Investors Service, Billionaire Warren Buffett, credit rating, rating agency, Mr Buffett, investor service, holding companies, agency moody
Billionaire Warren Buffett says he made at least one major investing mistake last year by buying a large amount of ConocoPhillips stock when oil and gas prices were near their peak. The famous investor recounted his errors in his annual letter to Berkshire...
Tags: Warren Buffett, Mr Buffett, Mr. Buffett, Berkshire Hathaway, annual letter, holding companies, business world, net income