May 17, 2011 - Swiss Parliament Body Backs Too-Big-To-Fail Draft Law For Banks
The measures require UBS and Credit Suisse to detail specific emergency plans for an orderly liquidation of part of a troubled bank's operations in crisis, mean
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
May 13, 2011 - U.S. Tax Laws Change The Rules Of The Game
Most advanced economies have tax evasion problems just as significant as those in the U.S., and it may be only a matter of time before other major countries beg
May 13, 2011 - UBS, Credit Suisse Protest Draft Law Before Parliament-Sources
UBS AG (UBS) and Credit Suisse Group (CS) this week protested that a Swiss draft law for big banks would ultimately call for far more capital than the 19% curre
May 12, 2011 - UBS To Appeal Ruling Awarding CHF7 Million In Damages To US Client
UBS AG (UBS) said Thursday it will appeal a Swiss court ruling which awards a US client 7 million Swiss francs ($7.87 million) in compensation for losses after
May 12, 2011 - UBS To Appeal Ruling Awarding CHF7M In Damages To US Client
Zurich-based UBS initially refused to carry out stock sales requested by the unnamed client when securities markets slid as the financial crisis unfolded in 200
May 12, 2011 - Black money: SC pulls up ED in Hasan Ali case
The Supreme Court on Thursday pulled up the Enforcement Directorate for chargesheeting Pune stud farm owner Hasan Ali, who is accused of stashing away huge amou
May 11, 2011 - Schaueble aims for Swiss tax deal this year-paper
Germany aims to finalise a deal this year with Switzerland for regularising untaxed funds held by Germans in secret Swiss accounts, Germany's finance minister w
May 11, 2011 - Magnitsky fall-out and budget concerns
Swiss authorities have frozen the bank accounts of two Russian tax officials at the heart of the Sergei Magnitsky scandal
May 11, 2011 - UBS Client Sues Switzerland in EU Human Rights Court (Bauman)
The plaintiff in the unusual lawsuit alleges that the government of Switzerland violated his privacy rights when the government caved in to U.S. pressure and si
May 10, 2011 - Switzerland Sued Over UBS Client Data Transfer To US
UBS clients have sued Switzerland at the European Court of Human Rights for allegedly violating their privacy rights in an agreement with the US that allowed th
May 9, 2011 - Switzerland is Sued At Human Rights Court Over UBS Account Data
An American UBS client, whose account data was disclosed to U.S. authorities, sued Switzerland this week, Handelszeitung reported yesterday. The suit said there
May 9, 2011 - Stolen Russian tax money is in EU banks, US sleuth says
People responsible for the death of Russian lawyer Sergey Magnitsky have salted away stolen money in EU bank accounts, Magnitsky's former employer has claimed.
May 8, 2011 - Ali met arms dealer through UBS staffer: ED
UBS official Peter Weily recommended Khan to temporarily transfer US$ 300 million (nearly Rs 1,500 crore) from his UBS Singapore account to Khasoggi's account,
May 6, 2011 - Swiss bank accounts belonging to Russian tax officials are frozen
Swiss authorities are reported to have frozen dozens of bank accounts belonging to Russian tax officials as part of a criminal investigation into claims that th