accountruling, by the Swiss federal administrative court, threatens to open fresh legal challenges from American prosecutors...
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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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Recent news on this topic.
UBS, Credit Suisse Group and Julius Baer Group — Switzerland’s biggest wealth managers — may have lost as much as 18...
its government had to rescue UBS, whose near-collapse triggered fears of an Iceland-style meltdown in the Alpine...
Tuesday against Credit Suisse Securities LLP, a unit of Credit Suisse AG (CS, CSGN.VX), asking that the Swiss banking...
Switzerland’s financial markets regulator broke the law when it ordered UBS AG to give data on 255 of the bank’s...
of 4,450 UBS bank accounts to end the long-running investigation into the bank. [ID:nN1296068] Many other Swiss banks...
not compensate for any criminal charges in the United States and there has been tremendous damage to the Swiss banking...
then be subject to audits by the Italian tax police. In October the Italian police raided branches of Swiss banks in...
the weekly publication on federal taxation, announced its '2009 Tax Person of the Year' - a whistleblower from Swiss...
BOISE, Idaho ? Property owners at four struggling and bankrupt resorts in Idaho, Montana, Nevada and the Bahamas have...
offshore banking accounts in which many wealthy Americans allegedly were hiding taxable income. The IRS had targeted...
An ex-employee of Swiss banking giant UBS reportedly may leave prison a rich man after he blew the whistle on a huge US...
pressure on banking secrecy under the onslaught of US lawsuits and a crackdown on tax evasion. Yet, the Swiss banking...
Swiss francs ($955,000). The financial crisis has had little, if any, effect on the Villars-Gryon market, as Swiss...
Temenos Holding AG (TEMN.EB) said Wednesday it is acquiring 's Viveo for $81 million, an acquisition the Swiss banking-...
ZURICH (Dow Jones)--The Swiss banking association SBA said Wednesday it rejects a government draft on depositor...
Obama shaped the G-20's approach to curbing banker pay and capital requirements. Read More UBS and other Swiss banks...
Stock Exchange. The settlement is the second reached by a Swiss bank with U.S. authorities this year. Swiss banking...
helped wealthy Americans evade taxes. Speaking Wednesday in Bern, Hans-Rudolf Merz, the Swiss president, said the days...
ZURICH (Dow Jones)--The Swiss government Wednesday backed privacy laws protecting clients of Swiss banks, but said it...
said. At the center of the U.S. efforts to combat tax evasion abroad is a case against Swiss banking giant UBS AG,...
ZURICH (Dow Jones)--New rules requiring big Swiss banks to hold sufficient liquidity will come into force in the second...
the men, Libya recalled some of its diplomats from Switzerland, suspended visas for Swiss citizens, withdrew funds from...
RUESCHLIKON (Dow Jones)--New liquidity rules for Swiss banks are set to come into force next year, adding to a...
MIAMI — The days of endless stone crabs and free-flowing champagne are over. UBS, the beleaguered Swiss banking giant,...
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
