iOS app Android app

Ubs

Tax Fraud, Tax Havens, UBS and Bears ... Oh My!

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

The US government has come to an agreement with UBS regarding a long-running tax fraud investigation. This has been a fascinating case to watch for several reasons that I will explain.

The Human Element: Implement Stay Interviews Before It's Too Late

Jon Younger | Posted 05.25.2011 | Business
Jon Younger

Taking employee loyalty for granted is naïve. At least some of your best employees have already started looking around for opportunities beyond what they believe is achievable with your company.

US, Swiss Cement Deal On Secret UBS Bank Accounts

AP | JESSICA GRESKO | Posted 05.25.2011 | Business

MIAMI — The Swiss and U.S. governments announced a deal Wednesday to settle American demands for the identities of suspected tax dodgers, despit...

A Jealous Wife's Revenge Makes for Bad Law

Sultan Sooud Al-Qassemi | Posted 05.25.2011 | World
Sultan Sooud Al-Qassemi

What should be clear to everyone in the UAE is that sex outside marriage is against the law. This is not France. What isn't clear is whether the implementation of this law is even-handed.

US, Swiss Ask For Delay In UBS Secrecy Case

AP | CURT ANDERSON | Posted 05.25.2011 | Business

The U.S. and Swiss governments and banking giant UBS AG indicated Sunday they were seeking a settlement and asked a federal judge to delay high-stakes...

UBS or Just Plain BS?

Russ Baker | Posted 05.25.2011 | Business
Russ Baker

The Justice Department has just floated a trial balloon to see if it can force the Swiss Bank UBS to disclose the names of 52,000 rich Americans suspected of using the bank to evade US taxes.

Swiss: UBS Case Jeopardizes NEW US Tax Treaty Talks

AP | Posted 05.25.2011 | Business

MIAMI — The government of Switzerland says an IRS attempt to obtain account information from Swiss bank UBS AG could jeopardize new tax treaty t...

UBS To Cut 8,700 Jobs

AP | ALEXANDER G. HIGGINS | Posted 05.25.2011 | Business

GENEVA — Troubled Swiss banking giant UBS AG said Wednesday that it will slash its global work force of 76,200 people by more than 10 percent as...

Endgame for Gramm?

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

The "nation of whiners" comment during the campaign was a sideshow compared with the serious charges now swirling around UBS, charges that may finally prove to be Phil Gramm's undoing.

Martin Liecht Ouster From UBS

New York Times | LYNNLEY BROWNING | Posted 05.25.2011 | Business

UBS, the Swiss bank under a growing federal investigation for tax fraud, has forced out the executive formerly in charge of secret offshore accounts f...

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 Official Defies US Over Client List

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — UBS AG now says it had about 47,000 accounts held by Americans who didn't pay U.S. taxes on their assets, but Switzerland's biggest...

US Pushing For Crackdown On Tax Havens

Wall Street Journal | Evan Perez | Posted 05.25.2011 | Business

Fresh off a U.S. victory over Swiss bank UBS AG, which admitted in a recent plea deal with the Justice Department that it aided tax evasion by wealthy...

Rich Americans' UBS Suit To Keep Names Secret

New York Times | LYNNLEY BROWNING | Posted 05.25.2011 | Business

UBS was sued on Tuesday in a Swiss federal court by wealthy American clients seeking to prevent the disclosure of their identities as part of a tax-ev...

Rich Americans Sue UBS To Keep Names Secret In Tax-Evasion Investigation

CNBC | Posted 05.25.2011 | Business

UBS was sued on Tuesday in a Swiss federal court by wealthy American clients seeking to prevent the disclosure of their identities as part of a tax-ev...

Thomas B. Edsall

Gimme Shelter: Tax Evasion And The Obama Administration

HuffingtonPost.com | Thomas B. Edsall | Posted 05.25.2011 | Politics

If government watchdogs -- determined to root out waste, fraud and abuse -- want to go after big game, they should skip chasing nickel-dime welfare c...

UBS: Revealing Identities Is Illegal

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

Switzerland's largest bank accused the US government of ignoring Swiss sovereignty and forcing its employees to break the law. "The IRS petition does...

UBS: American Investors' Identities To Be Revealed

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

The curtain is being peeled back on the infamous secrecy of Swiss banks. The largest bank in Switzerland, UBS, agreed Wednesday to reveal the names o...

UBS To Reveal Cients' Names To US

AP | DEVLIN BARRETT | Posted 05.25.2011 | Business

WASHINGTON — Banking giant UBS has agreed to pay $780 million and turn over once-secret Swiss banking records to settle allegations it conspired...

UBS Cuts 2,000, Return To Profit In '09

Bloomberg | Elena Logutenkova | Posted 05.25.2011 | Business

Feb. 10 (Bloomberg) -- UBS AG, Switzerland's largest bank, plans to eliminate an additional 2,000 jobs at its securities unit and return to profit in ...

UBS Shells Out Big Bonus Bucks for Brokers

Bloomberg | Elena Logutenkova | Posted 05.25.2011 | Business

UBS hired a team of five in Dallas from Goldman Sachs Group Inc. with $4 billion under management, and a group of the same number from Morgan Stanley ...

UBS Parties On In Face Of Federal Investigation

ABC News | BRIAN ROSS and RHONDA SCHWARTZ | Posted 05.25.2011 | Business

Despite a federal criminal investigation of its alleged role in helping wealthy Americans hide billions of dollars from the IRS, Swiss bank UBS return...

UBS Clients Seek Amnesty On U.S. Taxes

Wall Street Journal | CARRICK MOLLENKAMP in Zurich and EVAN PEREZ in Washington, D.C. | Posted 05.25.2011 | Business

Wealthy clients of Swiss bank UBS AG are coming forward to make amends with tax authorities, in a sign that U.S. efforts to battle offshore tax evasio...

UBS Executive Indicted In U.S. Inquiry

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...

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...