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 Ba
July 1, 2011 - Former Bundesbank Chief Weber To Become UBS Chairman
Former Deutsche Bundesbank president Axel Weber was named Friday as the future chairman of UBS AG (UBS), ending speculation over his next move after he withdrew
June 30, 2011 - The U.S. Government's Offshore Tax Crackdown, Writ Large and Small
The primary thrust of the U.S. government's effort to close offshore tax shelters reportedly reached an impasse yesterday, as U.S. and Swiss authorities hit a r
June 30, 2011 - UBS, Credit Suisse Vulnerable To Greek Debt Shenanigans
UBS, Credit Suisse and other Swiss banks had an overall exposure of $2.86 billion in Greece at the end of December 2010, according to the Bank of International
June 29, 2011 - HSBC INDIA CLIENT INDICTED FOR FILING FALSE TAX RETURNS AND FAILING TO REPORT FOREIGN BANK ACCOUNT
Dr. Arvind Ahuja of Greendale, Wis., was indicted today by a federal grand jury in Milwaukee on four counts of willfully filing materially false tax returns and
June 29, 2011 - U.S. charges HSBC India client for hidden account
An HSBC India client living in Wisconsin was indicted on Tuesday for hiding more than $8.7 million in offshore accounts and filing false U.S. income tax returns
June 29, 2011 - U.S., Swiss at impasse on tax dodge accord
Advanced talks have bogged down on a multibillion-dollar deal between Switzerland and the United States over Swiss banks helping Americans to shield their money
June 28, 2011 - FORMER UBS CLIENT PLEADS GUILTY IN MANHATTAN FEDERAL
Taxpayer Is Sixth In This District To Plead Guilty In Scheme Agrees To Pay Over $9.8 Million Civil Penalty
June 28, 2011 - UBS Client Pleads Guilty to Hiding over $26.4M
A former client of the Swiss banks UBS AG and Wegelin & Co. has pleaded guilty to personal income tax evasion for hiding more than $26.4 million in secret bank
June 27, 2011 - Ex-NY lawyer admits hiding $26.4 million through UBS
The former lawyer, Kenneth Heller, banked the money with UBS and then moved it to a smaller private Swiss bank, Wegelin & Co, in June 2008 after reading that UB
June 27, 2011 - Ex-UBS Client Kenneth Heller Pleads Guilty in $26 Million Tax-Evasion Case
Kenneth Heller, a disbarred lawyer charged with using an offshore UBS AG (UBSN) account to hide more than $26 million from the Internal Revenue Service, pleaded
June 27, 2011 - Europeans Lose Out to U.S. With Basel Committee’s Contingent Capital Vote
The decision to make too-big-to-fail banks primarily use retained earnings and ordinary shares to meet heightened capital requirements was a victory for U.S. re
June 27, 2011 - Banking secrecy is slipping away
Once Switzerland changes, other financial centres will follow suit. The Isle of Man has already said that as from July 2011 it will automatically report on ever
June 22, 2011 - IRS Notice 2011-55 Suspension of Reporting Requirements
Compliance with sections 6038D and 1298(f) does not relieve a person of the responsibility to file Form TD F 90-22.1, “Report of Foreign Bank and Financial Acco
June 22, 2011 - California Pair Plead Guilty To Tax Evasion Using UBS Account
The details of the case show it involves an account opened in the pair’s own names in 1995, with the assistance of a UBS banker in Switzerland, as well as one o