Oldest Private Swiss Bank Denies Claims It Helped Americans Evade Billions In Taxes
NEW YORK, May 23 (Reuters) - Wegelin & Co, the oldest Swiss private bank, is digging in its heels against a U.S. criminal charge that it conspir...
NEW YORK, May 23 (Reuters) - Wegelin & Co, the oldest Swiss private bank, is digging in its heels against a U.S. criminal charge that it conspir...
Reuters | Posted 04.11.2012
* Judge dismisses case a month before trial * Former client tried to blame Swiss bank By Lynnley Browning ...
Reuters | Posted 05.20.2012
* Swiss appeal based on stability, neutrality, steady economy * Emerging markets make up for losses in "old world" By E...
The Huffington Post | D.M. Levine | Posted 02.24.2012
Wall Street keeps shrinking. Credit Suisse will begin laying off employees in New York the second week of March, according to a company filing with...
AP | CONNIE CASS | Posted 04.14.2012
WASHINGTON — Movie super spies James Bond and Jason Bourne use them. So do real-life presidential candidate Mitt Romney, who says he pays his ta...
AP | By DAVID B. CARUSO | Posted 02.11.2012
NEW YORK -- The U.S. Justice Department called Switzerland's largest private bank a fugitive from justice on Friday after it didn't send any represent...
Reuters | Posted 04.05.2012
By Katharina Bart ZURICH, Feb 3 (Reuters) - The first indictment of a Swiss private bank over hiding untaxed money for wealthy Americ...
Reuters | Posted 03.19.2012
(Adds detail on attendees in paragraphs 6-7) ZURICH, Jan 18 (Reuters) - Swiss police said on Wednesday they had arrested two men suspe...
Reuters | Posted 03.13.2012
* Talks underway with Italy to find solution, Swiss finance minister says * Americans "not easy partners" in long-running dispute, she...
AP | JOHN HEILPRIN | Posted 03.10.2012
GENEVA (AP) — Swiss National Bank chief Philipp Hildebrand resigned Monday, acknowledging he could not prove his innocence amid a public uproar over...
Reuters | Posted 03.06.2012
* Indictment of 3 Wegelin bankers highlights ties * Inter-bank links key to U.S. tax evasion crackdown * Authorities eye...
AP | FRANK JORDANS | Posted 03.05.2012
GENEVA — After days of stonewalling, the Swiss National Bank gave in Wednesday to demands it shed light on currency trades from its chief's pers...
Posted 01.03.2012
Three Swiss bankers were charged Tuesday with hiding more than $1.2 billion in U.S. taxpayer accounts from the IRS, by Preet Bharar, the Manhattan U.S...
Posted 12.28.2011
U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more ...
Posted 12.23.2011
UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, ...
Posted 12.18.2011
ZURICH (Reuters) - U.S. officials are offering 11 Swiss banks, among them Credit Suisse , a deal that allows them to avoid criminal prosecution in...
AP | Posted 11.29.2011
GENEVA -- A study by consultancy firm Booz & Co. claims Swiss banks stand to lose 1.1 billion Swiss francs ($1.2 billion) in annual revenue because of...
Posted 11.18.2011
A former senior UBS banker who helped the U.S. government expand its crackdown on offshore tax evasion was sentenced to five years probation Frida...
Posted 11.16.2011
The Swiss cabinet approved on Wednesday an amendment to a tax agreement with the United States to ensure that bank clients are properly informed a...
Posted 01.08.2012
Credit Suisse AG, Switzerland's second-largest bank, has begun notifying certain U.S. clients suspected of offshore tax evasion that it intends to...
Posted 01.01.2012
Credit Suisse (CSGN.VX) will cut another 1,500 jobs and scale back its capital-guzzling investment banking business as it seeks to meet tough new ...
Posted 12.25.2011
An international drive against offshore tax havens has reaped nearly 14 billion euros from would-be tax evaders, the Organization for Economic Coo...
Posted 12.18.2011
A Swiss parliamentary commission is edging toward accepting a government proposal that would allow the transfer of bank clients' data to the Unite...
Posted 12.16.2011
ZURICH - Swiss banks accused of helping Americans to dodge taxes have been summoned to a parliamentary committee hearing this week at which they w...
Posted 11.19.2011
ZURICH (Reuters) - UBS kicked off an internal investigation into the catastrophic failure of its risk systems after rogue equity trades cost the S...
Reuters | Posted 05.24.2012