November 11, 2011 - Ex-UBS Client Werdiger Gets One-Year Term on Tax Charges
Werdiger opened multiple UBS accounts using sham entities in Liechtenstein, prosecutors said. The bank also let him hide his identity by communicating with the
November 10, 2011 - Oldest Swiss private bank to offer US client names
Clariden Leu AG, with roots that make it Switzerland's oldest private bank, has begun telling certain U.S. customers suspected of offshore tax evasion that it w
November 10, 2011 - Ex-UBS Client Werdiger Gets One-Year Prison Term on Tax Charges
Richard Werdiger, 64, is one of 36 Americans charged since 2007 in a U.S. crackdown on offshore tax evasion, and his was the longest prison term by a day. Werdi
November 9, 2011 - Julius Baer Said in Lead to Buy Rabobank Stake in Sarasin
Swiss banks are seeking ways to gain assets after a crackdown on tax evasion in the U.S. and Europe. Firms are also trying to reduce costs by merging or relocat
November 9, 2011 - Swiss tax evasion storm refuses to clear
French President Nicolas Sarkozy called on Switzerland and ten other so-called tax havens to be “excluded from the international community” for refusing to sign
November 9, 2011 - Credit Suisse to reveal data
CREDIT SUISSE has confirmed that it has informed some of its American clients with offshore private banking accounts that their names would be revealed to the U
November 8, 2011 - Secret Swiss accounts may not stay so secret anymore
"In our view the U.S. tax matter and data handover is advancing faster than expected which we believe is positive for Credit Suisse as we could potentially see
November 8, 2011- Credit Suisse to hand over US account tax details
"In connection with the IRS Treaty Request, the SFTA has issued an order directing Credit Suisse AG to submit responsive account information to the SFTA," Credi
November 8, 2011 - Credit Suisse to Turn Over Data on Some U.S. Accounts
Alex Biscaro, a Credit Suisse spokesman, said the bank had begun to inform some American clients about the order, but he declined to comment further.
November 8, 2011 - Credit Suisse tells clients of disclosure plans
Swiss bank Credit Suisse has begun informing American clients suspected of tax evasion that it will be passing their details on to the US Internal Revenue Servi
November 8, 2011 - Credit Suisse asked to hand over U.S. client data
Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing U.S. authorities one step closer to obtai
November 8, 2011 - Credit Suisse Told to Disclose Some U.S. Client Information
Credit Suisse Group AG, Switzerland’s second-biggest bank, was ordered by the Swiss government to hand over client account information following a request from
November 8, 2011 - Credit Suisse will disclose names of U.S. clients
Credit Suisse AG, Switzerland's second-largest bank, has begun notifying certain U.S. clients suspected of offshore tax evasion that it intends to turn over the
November 7, 2011 - Legal challenge to UBS data handover fading
An appeal by hundreds of UBS clients against having details of their accounts handed over to United States tax authorities has largely flopped in the Swiss cour
November 4, 2011 - Swiss Fin Min eyes US tax deal before year-end
Switzerland's finance minister expects an agreement before the year's end with the United States on measures to deliver bank details of suspected U.S. tax evade