June 1, 2016 - Credit Suisse to close Panama private banking office
A series of reports in April based on millions of documents leaked from the Panama law firm Mossack Fonseca revealed how its lawyers worked with big banks, incl
May 31, 2016 - He Blew the Whistle on a Global Financial Firm, Then Broke Open Swiss Bank Secrecy
While Birkenfeld, the whistleblower, was prosecuted, the U.S government worked behind closed to doors to cut a deal with UBS, which was one of President Obama’s
May 25, 2016 - BSI closure shines spotlight on due diligence
Private banks, already on high alert following the Panama Paper leaks, are tipped to review their client bases even more closely on news Tuesday that BSI Bank w
May 25, 2016 - Swiss regulator may penalise six banks
“You have transactions that have run chiefly over Singapore, partly over Switzerland and also other financial centres,” he said. “You have multiple continents,
May 12, 2016 - Goldman Sachs Group, Others Under Regulatory Spotlight for Panama Dealings
New York Department of Financial Services (DFS) has asked Goldman Sachs Group Inc. (NYSE:GS) to provide all relevant details related to offshore accounts in lig
May 12, 2016 - Deutsche Bank, Barclays, UBS Group Decide to Cull Customer Accounts
The leaks prompted the trio to close dormant or nearly-dormant accounts to avoid adverse repercussions. A summit has also been scheduled for this week, to focus
May 12, 2016 - Dark money: London’s dirty secret
An insider at a Swiss bank warned Britain’s financial watchdogs that bankers in its UK office were offering services that could facilitate tax evasion and money
May 11, 2016 - UBS appoints Martin Blessing as Swiss head
UBS has recruited the former chief executive of Germany’s Commerzbank as the new head of its Swiss operations, intensifying the competition between Switzerland’
May 5, 2016 - UBS sees strong net new money, CEO remains cautious
UBS's wealth management businesses attracted net new money of 29 billion Swiss francs between January and March, which was a quarterly record since 2008.
April 22, 2016 - Deutsche Bank, Credit Suisse Ordered to Hand Over Records of Dealings with Panama Law Firm in Connection to
Deutsche Bank AG (NYSE:DB) and Credit Suisse (CS) are among banks the New York Department of Financial Services (NYDFS) have asked to hand over communications,
April 21, 2016 - Watchdog probes potential Wall Street link to Panama Papers
Maria Vullo, the acting superintendent of the state’s Department of Financial Services, sent letters to 13 banks requesting any communications they’ve had with
April 4, 2016 - Banks Have a Panama Problem
Haven Heaven
Major banks have corporate entities in broad range of offshore jurisdictions
April 4, 2016 - Huge leak reveals elite's secret assets
Millions of leaked, secret documents, so-called "Panama Papers," have exposed how the wealthy allegedly use tax havens to hide their wealth. CNN's Andrew Steven
April 4, 2016 - Panama Papers: Rich and powerful respond to claims they hid billions offshore
Elected leaders and top officials from around the world are responding with denials and outrage to allegations that they used secret offshore companies and acco
April 4, 2016 - Massive leak reveals offshore accounts of world leaders
The documents include nearly 40 years of data from inside Mossack Fonseca, a little known but powerful law firm based in Panama with branches in Hong Kong, Miam