US, Swiss Ask For Delay In UBS Secrecy Case
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...
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UBS or Just Plain BS?
Russ Baker | Posted 07.24.2009 | Business
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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 06.01.2009 | 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 05.16.2009 | 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 05.15.2009 | Business
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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 04.30.2009 | Business
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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 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 Official Defies US Over Client List
AP | MARCY GORDON | Posted 04.04.2009 | 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 04.03.2009 | 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 Sue UBS To Keep Names Secret In Tax-Evasion Investigation
CNBC | Posted 03.28.2009 | Business
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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' UBS Suit To Keep Names Secret
New York Times | LYNNLEY BROWNING | Posted 03.28.2009 | Business
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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...
UBS: Revealing Identities Is Illegal
Huffington Post | Julie Satow | Posted 03.26.2009 | 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...
Gimme Shelter: Tax Evasion And The Obama Administration
HuffingtonPost.com | Thomas B. Edsall | Posted 03.26.2009 | 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: American Investors' Identities To Be Revealed
Huffington Post | Julie Satow | Posted 03.22.2009 | Business
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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 03.21.2009 | 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 03.13.2009 | Business
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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 03.06.2009 | Business
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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 01.04.2009 | 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 12.24.2008 | Business
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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 12.14.2008 | Business
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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 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...
Paint McCain a Red-Baiter
Leo W. Gerard | Posted 11.17.2008 | Politics
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The "small government" Bush and Republican Congress increased spending, thus replacing the budget surplus bequeathed them with deficits.
Switzerland To Bail Out UBS
New York Times | Nelson D. Schwartz | Posted 11.16.2008 | Business
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PARIS -- Switzerland, a banking redoubt considered until recently to be literally and figuratively above the global financial tumult, succumbed Thursd...
Reading The Pictures: Wall Street Pictures So Stealth, They Haven't Even Drawn A Lipstick Analogy
Michael Shaw | Posted 10.16.2008 | Media
Finally this morning, the NY Times started putting some visuals to the otherwise invisible Wall Street meltdown and ongoing financial market chicanery.
The Auction Rate Bonds Mess: To the Depths of Depravity and Beyond!
Dan Solin | Posted 09.12.2008 | Business
There is a fine line that separates the admirable quality of forgiveness from the sad one of being a sucker. When you consider doing business with securities firms, you need to decide which side of that line you are on.
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AP | CURT ANDERSON | Posted 08.12.2009 | Business