Swiss Bank

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

Georges Ugeux | Posted 09.19.2009 | 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 04.07.2009 | 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 12.13.2008 | 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 07.26.2008 | 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 07.25.2008 | 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 04.21.2008 | 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...