By Alexander Bueso
Date: Sunday 12 Nov 2023
(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday
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Currency | UK Pounds |
Share Price | 198.10p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 198.10 |
52 Week Low | 198.10 |
Volume | 0 |
Shares Issued | 999.96m |
Market Cap | £1,980.92m |
Strong Buy | 1 |
Buy | 1 |
Neutral | 4 |
Sell | 0 |
Strong Sell | 1 |
Total | 7 |
CEO | Martin Seidenberg |
CFO | Michael Frederick Snape |
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