December 20, 2012 - Swiss lender ZKB says three charged by U.S. authorities
Swiss lender Zuercher Kantonalbank (ZKB) said two of its bankers and one former employee had been charged by U.S. authorities, which had accused them of helping U.S. clients avoid taxes.
September 4, 2012 - Press Release from 31 August 2012
Zürcher Kantonalbank did now allow itself to be sidetracked by the turbulences on the financial markets and can thus look back on a very satisfactory first half of 2012.
August 20, 2012 - Swiss banks sacrifice employees
“The tax dispute with the US can only be settled without further escalation if the bank cooperates with the US authorities,” said Igor Moser, a spokesman for Zuercher Kantonalbank.
July 30, 2012 - Sarasin to shut out non-compliant clients by year-end
Swiss private bank Sarasin said on Monday it would shut out clients who don't pay taxes on funds held in Swiss accounts
June 27, 2012 - Nervous investors fill Swiss safes with cash and gold
Investors trying to protect their wealth from global economic uncertainty have been stashing bank notes, gold bars and other valuables in Swiss banks, fuelling demand for safe deposit boxes.
June 7, 2012 - U.S. hopes Swiss tax talks over by election -envoy
The United States hopes to settle its dispute with Switzerland over unpaid taxes on money held in Swiss bank accounts by the U.S. presidential election in November, U.S. Ambassador to Switzerland Donald S. Beyer said on Wednesday.
May 31, 2012 - Prosecutor in Swiss bank cases resigns: source
A top prosecutor responsible for a crackdown on Swiss banks and sellers of corporate tax shelters has resigned from the Justice Department, a source familiar with the matter said on Thursday.
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 - 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
An indictment of Zuercher Kantonalbank by U.S. officials in an ongoing tax probe would not mean the state-backed bank's demise, Chief Executive Martin Scholl said in an interview with Sunday's edition of Sonntagszeitung.
April 23, 2012 - UBS CEO calls attacks on Swiss tax "economic war"
In an attempt to display their cooperation, several Swiss banks - including Credit Suisse, Julius Baer, Zuercher Kantonalbank and Baseler Kantonalbank - have handed over documents on their U.S. offshore business, including names of employees, NZZ am Sonntag reported, citing unnamed sources.
March 23, 2012 - Swiss Banks Adjusting to Radical New Regulations
Although neither Washington nor Bern has disclosed the full list of banks in the IRS crosshairs, they also include Julius Baer Group and Zürcher Kantonalbank.
March 7, 2012 - U.S. eases pressure on Switzerland over taxes for now
The United States welcomes the Swiss parliament's backing of a proposal to help U.S. authorities crack down on wealthy Americans who evade taxes and will not put any further pressure on Switzerland at present, the U.S. ambassador to that country said on Tuesday.
March 6, 2012 - Parliament votes for Swiss-US tax treaty amendment
The lower house of the Swiss parliament Monday 5 March voted strongly in favor of an amended US-Swiss tax treaty, 116-52, thus backing a vote by the upper house in December 2011.
March 6, 2012 - Swiss Lawmakers Approve U.S.Tax-Treaty Amendment
Switzerland’s lower house approved an amendment to a double-taxation agreement with the U.S., allowing so-called group requests in cases of suspected tax evasion or tax fraud.