May 24, 2011 - UBS client sentenced to probation
New Jersey client of the international banking giant UBS has been sentenced to probation after pleading guilty to concealing more than $750,000 in assets in Swi
May 24, 2011 - Hillsdale resident gets probation over hidden Swiss bank accounts
A Hillsdale woman was sentenced Monday to one year probation for filing a false federal tax return by concealing income from a $750,000 foreign account set up b
May 24, 2011 - RAHN: Banking on national economic suicide
Last week, the Internal Revenue Service (IRS) and U.S. Treasury held a hearing on a proposed regulation that is so dumb and destructive that people had assumed
May 23, 2011 - Offshore Tax Crackdown Scorecard: UBS, Credit Suisse, HSBC
The crackdown has led to criminal charges against UBS, the largest Swiss bank, at least two dozen former UBS clients, four former UBS bankers, and five bankers
May 23, 2011 - Hillsdale resident gets probation over hidden Swiss bank accounts
A Hillsdale woman was sentenced Monday to one year probation for filing a false federal tax return by concealing income from a $750,000 foreign account set up b
May 21, 2011 - Swiss fin min ok with some delay on bank rules
Switzerland's finance minster can accept some delay on enacting tough new capital rules for big Swiss banks and said that in the first instance the parent compa
May 20, 2011 - Feds: Investor hid money in Switzerland
A Westford, Mass., venture capitalist agreed to plead guilty to charges he hid money in a Swiss bank account, then tried to cover up his actions after learning
May 19, 2011 - BANK DIRECTOR CHARGED WITH HIDING FOREIGN ASSETS
According to the criminal information and plea agreement filed today, from 2003 to 2008, Michael Schiavo, 53, of Westford, Mass., held an account in his name at
May 19, 2011 - Bank Director Charged With Hiding Funds In HSBC Bermuda Account
U.S. prosecutors Thursday charged a Boston bank director with failing to report income hidden in a secret HSBC bank account in Bermuda, the latest move in the g
May 19, 2011 - HSBC Client Schiavo Accused of Failing to Report Offshore Account to U.S.
Prosecutors also have charged at least two dozen clients of UBS AG, Switzerland’s largest bank, four UBS bankers, and five bankers at Credit Suisse Group AG (CS
May 19, 2011 - New tax evasion law has foreign investors looking to K Street
the Foreign Account Tax Compliance Act (FATCA), which requires foreign financial institutions to report their accounts held by American citizens to the U.S. gov
May 19, 2011 - The Influence Industry: UBS invests in Washington
the bank is quite well placed in official Washington, with campaign contributions and personal ties connecting it to both ends of Pennsylvania Avenue.
May 18, 2011 - Swiss Reluctance On Secrecy Benefits Liechtenstein, Expert Says
By contrast, Switzerland has committed to safeguarding client secrecy while weakening bank secrecy laws enough to appease the Organization for Economic Cooperat
May 18, 2011 - UBS Exodus: A List of Bankers That Left.
Since the financial crisis peaked in 2008, UBS has lost more than 40 senior U.S. bankers of the managing-director rank and several more junior bankers, based on
May 18, 2011 - UBS Clients Sue Switzerland for Privacy Violations
The plaintiffs argue that their right to privacy is a human right, according to a May 6 Bloomberg report. The unidentified U.S. taxpayer added that the Swiss-U.