accountwere held by Swiss police, the Libyan authorities cut oil supplies to Switzerland, withdrew several billion dollars...
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SWISS BANKING
Swiss banking is known for its stability, privacy, and protection of clients’ assets and information. Switzerland’s neutrality and national sovereignty, long recognized by foreign nations, have created a stable environment in which the banking sector has been able to develop and thrive. Recently, though, its biggest bank, UBS, is staggering under a tax scandal that may undermine the Swiss banking industry’s secrecy and stability.
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it,' he said, stressing, however, that Switzerland is opposed to an automatic exchange of information with foreign...
practices, Switzerland on Thursday said it will prevent the flow of undeclared funds from foreign countries into the...
banking secrecy practices, Switzerland said it will prevent the flow of undeclared funds from foreign countries into...
the strongest opponents of immigration and multiculturalism. Swiss mountains are beginning to show the effects of...
plea is the first among the government's recent tax prosecutions that involves a major bank other than Swiss banking...
jurisdictions, it would seem the offshore private banking model has suffered permanent and severe damage.
major EU countries. Credit Suisse said this was around 100 billion francs for the bank. The Swiss banking lobby has...
GENEVA: The digital revolution is turning into the Achilles heel of Swiss banks, according to security and banking...
The digital revolution is turning into the achilles heel of Swiss banks, according to security and banking experts...
Last year was the annus horribilis for Swiss banking and UBS AG in particular. There were the massive losses from the...
By Simon Kennedy, MarketWatch LONDON (MarketWatch) -- UBS and Credit Suisse may be neighbors in Zurich, but the Swiss...
UBS AG’s loss in 2009 will trigger the bank’s bonus claw back mechanism for the first time, depriving senior bankers of...
Jabre Capital Partners announced last week that it plans to close its Jabcap Multi-Strategy flagship hedge fund to new...
Feb. 2 (Bloomberg) -- Swiss banks are discovering that the biggest threat to client privacy is their own workers.
Feb. 1 (Bloomberg) -- Chancellor Angela Merkel said the German government might buy stolen information relating to...
team of 130 people working for two years trying to track down the assets of Holocaust victims from Swiss banks.
ZURICH -(Dow Jones)- Switzerland's banking lobby said it expects Germany's government to return any confidential files...
countries to 'use the whip' on the Swiss, comparing tax havens with 'Indians running scared of the cavalry.
Guzman, 59, is trying to capitalize on wealthy clients seeking to shift funds from UBS AG and other Swiss banks amid a...
those who already have turned themselves in to tax authorities, or those still harboring secret accounts at various...
we’d settled this UBS tax-fraud situation. But maybe not. Perhaps reports of the demise of secrecy in Swiss banking are...
to the private banking financial centres. What does the end of bank secrecy mean for the private banks? Swiss banking...
ruling, by the Swiss federal administrative court, threatens to open fresh legal challenges from American prosecutors...
UBS, Credit Suisse Group and Julius Baer Group — Switzerland’s biggest wealth managers — may have lost as much as 18...
Top Sources: Swiss Banking
- bloomberg.com
- BusinessWeek
- New York Times
- hedgetracker.com
- People's Daily Online
- Reuters
- Morningstar.com
- Wall Street Journal Online
- centralbanknews.info
- forexfilms.com
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