| 28.07.2014 Opalesque Roundup: Banks helped hedge fund avoid $8bn in taxes: hedge fund news, week 31 |
| In the week ending 25 July, 2014, legal reports said Deutsche Bank and Barclays Bank are accused of helping hedge funds avoid paying more than $8bn in taxes by selling them “basket options"; Peter Brown testified that the complex financial instruments has helped Renaissance Technologies claim billions in tax savings; legal experts said the acquittal of Rengan Rajaratnam limits the power of the ins |
| Article source: http://www.opalesque.com/fullarticle/651786/Success_in_hedge_fund_marketing_not_linked_to178.html - Opalesque is not responsible for the content of external internet sites |