Transparency International: Russian companies have used British offshore areas for transactions worth at least $8 billion
A report by Transparency International reveals that Russian companies have conducted transactions worth at least $8 billion using British offshore territories since the invasion of Ukraine in 2022.
Court battle over Picasso art exposes offshore finances of Farage’s billionaire Davos sponsor
A high court battle concerning a Picasso painting has highlighted the offshore financial dealings of businessman Sasan Ghandehari, who underwrote Nigel Farage’s trip to Davos.
UK, China boost financial ties, deepen London’s role as offshore yuan hub
A new financial cooperation agreement between the UK and China aims to enhance London's position as a major offshore yuan hub by designating a new yuan clearing bank and promoting cross listings and green finance.
China Vanke offshore bondholders face near wipeout in Barclays worst-case scenario
China Vanke's offshore bondholders may experience significant losses, with Barclays predicting potential recoveries of less than 1% under worst-case conditions due to uncertainties in asset access and restructuring priorities.