May 10, 2012 - U.S. Millionaires Told Go Away as Tax Evasion Rule Looms
HSBC Holdings Plc (HSBA), Deutsche Bank AG, Bank of Singapore Ltd. and DBS Group Holdings Ltd. (DBS) all say they have turned away business.
March 23, 2012 -Credit Suisse CEO Dougan Takes Sharp Pay Cut In 2011
Deutsche Bank AG (DB) outgoing CEO Josef Ackermann's compensation actually increased to EUR10.1 million ($13.3 million) from EUR8.9 million in 2010.
January 23, 2012 - New Tax Rules Harass Foreign Bankers for Little in Retur
Companies including Deutsche Bank AG have already closed American accounts in response to the law.
November 1, 2011 - Credit Suisse to Cut 1,500 More Jobs After Securities Lo
Larger Swiss rival UBS AG and Deutsche Bank AG, the biggest bank in Germany, last week signaled more jobs may be at risk amid demands for more capital and as the European sovereign debt crisis and global economic slowdown crimp investment-banking revenue.
September 27, 2011 - Private banks can go it alone - Deutsche's De Weck
Major private banks do not need investment banking to succeed although it can help, Deutsche Bank's (DBKGn.DE) wealth management head said on Monday, as Swiss bank UBS considered the future of its integrated bank model.
July 15, 2011 - Swiss Banks Said to Be Close to Settlement in German Tax Ev
Matt Spick, an analyst at Deutsche Bank AG in London, who expects Switzerland to negotiate similar treaties with France, and possibly Italy, by late 2012 or 2013.
July 1, 2011 - UBS thwarts Deutsche by hiring Weber as next chairman
Swiss bank UBS (VTX:UBSN.VX - News) on Friday named former Bundesbank president Axel Weber as its next chairman in a surprise move that robbed rival Deutsche Bank (XETRA:DBKGN.DE - News) of a top candidate to succeed its chief Josef Ackermann in 2013.
June 17, 2011 - DealTalk: Swiss banks court buyers as fear stalks industry
Switzerland's legions of small banks are struggling to arouse interest in their businesses from unenthusiastic buyers as they grapple with mounting costs and the pursuit of tax dodgers across borders.
June 14, 2011 - Massive tax evasion deal with U.S. could see Swiss banks pa
The governments of Switzerland and the U.S. are preparing to enter into a deal that would impose billions of dollars in fines on Swiss banks and disclose more American tax evaders, according to a report.
June 10, 2011 - Swiss, US in Talks on Tax Probe Settlement
U.S. government agencies would invite the banks to pay a fine, exit their undeclared offshore banking businesses for Americans, and turn over client names to the Internal Revenue Service (IRS) and the Justice Department.
June 9, 2011 - IRS Readies Enforcement Against at Least One Overseas Bank
“The IRS plans to move against one or more banks in the next month or so,” Steven Miller, deputy commissioner for services and enforcement, said at a conference in Washington on June 7.
June 9, 2011 - Governments heap more pressure on offshore banks
IRS Deputy Commissioner for Services and Enforcement Steven Miller said it planned to move against "one or more banks in the next month or so".
May 16, 2011 - Deutsche Bank's trick
The Greek government was fuming as the apparently devious reporting by DER SPIEGEL resulting in yet another downgrading of Greek Government debt by Standard and Poor’s that comes at a time when there have been no new negative developments or decisions since the last rating action by the agency just over a month ago and therefore was branded by the Greek finance minister as “not justified”.
May 3, 2011 - Advising Clients About the 2011 Offshore Amnesty Program
Advising clients about the 2011 OVDI and offshore enforcement update.
April 20, 2011 - A leak in paradise (teaser) - Coming in 2012
A documentary on tax havens and Swiss whistleblower Rudolf Elmer, a man who broke the Cayman bank secrecy law by publishing sensitive client data from Bank Julius Baer on WikiLeaks.