May 2, 2012 - UBS Wealth Arm Provides Bright Spot in Tough 1Q
UBS, under Chief Executive Sergio Ermotti, is shrinking its balance sheet to help meet Switzerland's tough new capital rules to make the country's banks more ro
May 2, 2012 - Swiss bank UBS reports 54 pct profit drop for Q1
Chief Executive Officer Sergio P. Ermotti said despite the "challenging market conditions" the bank had performed well.
May 2, 2012 - Swiss bank UBS reports 54 pct drop in 1st quarter profit but sees recovery in client activity
By noon in Zurich, shares of UBS stock had shot up more than 5 percent to 11.94 francs ($13.15). Until Wednesday, the stock had gained little more than 1 percen
May 2, 2012 - Historic US indictment of Swiss bank for ‘aiding’ US tax evasion lays foundation for more cases against non-US
A key element of the mechanism of the tax evasion scheme, the indictment says, was a correspondent account Wegelin held at a UBS branch in Connecticut.
May 1, 2012 - Roger Federer, Swiss Banking Will Both Come Back
It’s our strong belief that what you do with your legally gained money should be nobody’s business but your own.
April 30, 2012 - Rand Paul Seeks to Block Tax Treaty Change on Swiss Accounts
“There needs to be some constitutional protections to your banking records.”
April 30, 2012 - Swiss-U.S. Tax Dispute Is a Challenge, ZKB Chief Tells SZ
The delivery of information on bank employees to the U.S. will be regarded as a “constructive contribution,” the Zurich- based newspaper cited Scholl as saying.
April 30, 2012 - ZKB boss says any U.S. indictment would not fell it
"It's about solving the tax dispute, and cooperation with U.S. officials is the most promising way to do so," Scholl said.
April 30, 2012 - Swiss FinMin says withholding tax deals will prove efficient -media
Widmer-Schlumpf said several more countries were prepared to negotiate similar deals but did not name any of the countries.
April 27, 2012 - Ex-UBS Client Quintero Pleads Guilty for Hiding $4 Million
U.S. prosecutors have charged about 50 U.S. taxpayers with tax crimes since 2009, when UBS avoided prosecution by paying $780 million, admitting it helped thous
April 27, 2012 - Israelis to sue Swiss banks for refusing to return money deposited during Holocaust
Two Israelis are preparing to file a NIS 1 billion lawsuit against the Swiss government and two Swiss banks for allegedly refusing to return money and valuables
April 26, 2012 - Message from TL
April 25, 2012 - German cabinet approves Swiss tax deal
German Chancellor Angela Merkel's cabinet passed a revised deal... betting that the opposition Social Democrats (SPD) will drop their objections and back the ac
April 25, 2012 - Fugitive Swiss bank Wegelin forfeits $16 mln
Preet Bharara, the U.S. Attorney in New York, said the forfeited funds will be deposited with the U.S. Treasury.
April 25, 2012 - Swiss Bank Ordered to Forfeit $16 Million in U.S. Tax Case
Wegelin declined to comment Tuesday