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Swiss Bank

Swiss Bankers Are Afraid To Leave Switzerland

The Huffington Post | Bonnie Kavoussi | Posted 06.16.2012 | Business

For many Swiss bankers, taking vacation out of the country is just too risky. As the U.S. cracks down on Swiss bank accounts and U.S. tax dodgers, ...

Protestors Vandalize Swiss National Bank Ahead Of Davos

Reuters | Posted 03.19.2012 | Business

(Adds detail on attendees in paragraphs 6-7) ZURICH, Jan 18 (Reuters) - Swiss police said on Wednesday they had arrested two men suspe...

Client Trust Returns TO UBS's Wealth Management Arm

Posted 06.26.2011 | Business

ZURICH (Emma Thomasson) - UBS looked to put the financial crisis behind it on Tuesday, with money pouring into its core wealth management arm in the f...

UBS Accused Of 'Cheating' French Madoff Victims

Reuters | Posted 05.25.2011 | Business

PARIS (Reuters) - Swiss bank UBS "tricked" victims of Bernard Madoff's giant Ponzi scheme by sponsoring a Luxembourg-registered fund that for four yea...

First CEO Of The Year Forgoes 2010 Bonus

Reuters | Martin de Sa'Pinto and Sarah White | Posted 05.25.2011 | Business

ZURICH/LONDON (Reuters) - Oswald Gruebel, chief executive of UBS (UBSN.VX: Quote, Profile, Research, Stock Buzz), is the first head of a major bank to...

Kafka Manuscripts: Will We Ever See His Cache Of Unpubilshed Works?

The Guardian | Mark Tran | Posted 05.25.2011 | Books

Franz Kafka wanted all his manuscripts to be burned after his death, but his friend Max Brod disregarded the request, seeding a complex legal battle o...

United States of America vs. UBS: A Step Too Far?

Georges Ugeux | Posted 05.25.2011 | Politics
Georges Ugeux

There is no winner when fundamental rule of law and customer loyalty are not respected. This will have major ramifications outside of Switzerland and the United States.

Switzerland Rejects US Demand To Hand Over Client Data

Reuters | Posted 05.25.2011 | Business

Switzerland rejects U.S. demands that the country's largest bank UBS should hand over the data of 52,000 U.S. clients, Swiss newspaper Berner Zeitung ...

UBS Executive Indicted By Justice Dept

New York Times | LYNNLEY BROWNING | Posted 05.25.2011 | Business

A senior Swiss executive at the banking giant UBS has been indicted in an investigation of the bank and its offshore private banking services for weal...

Friday Talking Points [39] -- Republican Elitism Edition

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

For only the fourth (or fifth, depending on how you count) time in his presidency, George W. Bush had a veto overridden by both houses of Congress thi...

Sen. Levin Calls For UBS To Clean Up Or Shut Down Over Tax Evasion

Huffington Post | Posted 05.25.2011 | Business

**UPDATE** The Wall Street Journal reports that UBS will close private-banking operations for U.S. clients: A UBS AG executive told a U.S. Senate pa...

Report: Credit Suisse May Announce Further Writedowns Of Up To $5 Billion

Boston Globe | Posted 05.25.2011 | Business

Credit Suisse could announce further writedowns of up to 5 billion Swiss francs ($4.99 billion) when it posts its first-quarter results later this mon...