News

LCH Announces Non-Executive Director Appointments

London Clearing House (LCH) appointed David Pritchard and David Robins as non executive directors of the company. They will join the Board with effect from 26 November 2001. David Pritchard is currently Group Director, Wholesale and International Banking at Lloyds

Reports On Italians’ Axing Withholding Tax – Inaccurate

According to local experts, reports that the Italian government was suspending withholding tax on coupon payments to foreign holders of BTPs were inaccurate. It seems reporters confused proposed reforms to the treatment of withholding taxes on equity dividends (which have