The vultures are circling: EU states eye up London's finance crown

From Finextra –
“As states across Europe eye up London's business riches and tout their EU-friendly fintech credentials, German centre-right political party Freie Demokraten is taking a cheekily direct approach, driving a giant billboard truck into the heart of the capital emblazoned with an invite for Brexit-scarred startups to move to Berlin.”

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Rogue trader Jerome Kerviel held in France to face jail

From BBC

“Convicted rogue trader Jerome Kerviel has been arrested on returning to France, where he faces a prison term for forgery and breach of trust.

Kerviel, 37, caused his bank, Societe Generale, losses of 4.9bn euros (£4.1bn; $6.7bn) in 2008.

He was detained by police after crossing the border on foot from Italy, just ahead of a midnight deadline.

The French presidency has not responded to his request to grant immunity to witnesses who could testify for him.”

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Major tax haven users exposed

Leaked documents name more than 100,000 people, including politicians in France and Russia, with off-shore tax haven accounts.

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