September 26, 2016 - France 'asks Switzerland to hand over 45,000 UBS accounts'
According to the report, French authorities have already identified 4,782 accounts and are seeking to find the owners of an additional 40,379 accounts.
September 22, 2016 - 3 Canadian banks served 2,000 offshore corporations, Bahamas leak shows
Subsidiaries of CIBC, Royal Bank and Scotiabank helped administer Bahamas corporations with names like Bifocal Holdings, Bear With Me Corp. and Zizi Ocean Ltd.,
September 22, 2016 - ‘Bahamas Leaks’ puts spotlight on UBS and Credit Suisse
One out of every ten offshore companies registered in the Bahamas since 1990 has been created by Swiss banks UBS and Credit Suisse, according to a cache of docu
September 22, 2016 - Fresh tax leak names directors of secretive offshore firms
The documents come from the Bahamas’ company registry, which is theoretically available online but is very difficult to access. They include the names of direct
September 13, 2016 - Swiss noose tightens around suspected Dutch tax evaders
The Federal Tax Administration (FTA) is allowed deliver to the Netherlands information regarding group requests on UBS clients, following a decision by the Fede
September 12, 2016 - Swiss noose tightens around suspected Dutch tax evaders
The judges on Monday overturned a decision by the Federal Administrative Court in St Gallen, thus clearing the way for group requests in the investigation of ta
September 12, 2016 - Why Swiss Private Banks Still Face Taxing Times
Swiss banks as a group expect tax-related outflows in 2016 and 2017 to continue at a similar rate as they did in 2015, according to Citigroup. Julius Baer said
September 2, 2016 - Swiss private bank Falcon replaces CEO with ex-Credit Suisse executive
Falcon is under scrutiny in Singapore after the central bank disclosed in late July that an onsite inspection of the group in April 2016 found "substantial brea
August 26, 2016 - UBS leads team of banks working on blockchain settlement system
UBS has developed a "Utility Settlement Coin" (USC), which is a digital cash equivalent of each of the major currencies backed by central banks, such as the dol
August 25, 2016 - UBS whistleblower exposes 'political prostitution' all the way up to President Obama
"My own government covered it up. Well now the French case is coming forward – and unlike the US they are actually holding a trial. And not only France; Germany
August 24, 2016 - Swiss court clears former Cayman banker of breaking bank secrecy laws
a Swiss court in Zurich rejected prosecution demands to convict the 60-year-old for violating Swiss banking secrecy laws. The upper court also refused to ban Mr
August 19, 2016 - Trusts comb client lists for tax cheats
Plans to introduce a new corporate criminal offence “for failure to prevent the criminal facilitation of tax evasion” were accelerated following the political r
August 19, 2016 - UBS chief urges European banks to play as team
UBS CEO Sergio Ermotti picks his words carefully. So it was no slip of the tongue when he urged his peers in the traditionally cut-throat banking industry to wo
August 19, 2016 - Credit Suisse is accusing the 5 bankers who left for Jefferies of stealing confidential information
In court documents, Credit Suisse said its former employees printed and transferred confidential information about transactions, client presentations, conferenc
August 16, 2016 - Swiss Insurers Gaining Ground on Banks in Industry Shift: Chart
witzerland’s banks are losing their economic importance, with the country’s two largest banks, UBS Group AG and Credit Suisse Group AG, eliminating thousands of