August 22, 2012 - Swiss bank workers to appeal US data transfer
A lawyer is vowing to appeal a federal decision not to pursue a complaint filed by Swiss employees of HSBC against the bank over its transfer to the US of docum
August 21, 2012 - Ex-Credit Suisse Client, 83, Admits Hiding $5.7 Million
Wajsfelner was born in Germany and fled the Nazis as a teenager, according to Jeffrey Denner, his attorney.
August 21, 2012 - Swiss Bankers Fume Over Privacy
"We understand that employees are concerned, and that the banks were in a very difficult position," said Thomas Sutter, a spokesman for the Basel-based Swiss Ba
August 21, 2012 - Swiss Tax Deal Threatened by German Opposition
"We aren't trying to block any deal, but the SPD wants to see a higher withholding tax rate," Mr. Kuehn said.
August 20, 2012 - Swiss banks sacrifice employees
“The banks are burning their own people to try and cut deals with the DoJ,” said Hornung.
August 20, 2012 - Swiss to allow back-dated German tax inquiries - report
The arrangement would allow German tax authorities to make requests dating back to 2011 about people they suspect of moving their money from Switzerland to anot
August 20, 2012 - No sign German bank data came from UBS: chairman Weber
The German chairman of Swiss bank UBS said he has no evidence bank data on alleged German tax evaders purchased by the German state of North-Rhine Westphalia (N
August 16, 2012 - HSBC hands U.S. more staff names in tax evasion probe
Banks including HSBC, Credit Suisse and Julius Baer have already passed on about 10,000 employee names in an attempt to avoid the fate of private bank Wegelin
August 16, 2012 - UBS's tax bogeyman rears ugly head again
UBS’s new antagonist is the government of North Rhine-Westphalia, Germany’s most populous state.
August 14, 2012 - Official slams transfer of Swiss bank worker data
Jean-Philippe Walter, deputy federal data protection and information commissioner, told Radio Télévision Suisse that he was troubled by the latest transfer of i
August 14, 2012 - UBS Sues Billionaire Olenicoff In Offshore Tax Cheating Case
UBS AG, Switzerland’s largest bank, has sued California billionaire developer Igor Olenicoff for malicious prosecution,
August 14, 2012 - UBS denies helping Germans evade taxes via Singapore
"We do not help clients to evade taxes and we clearly don't support clients in circumventing bilateral tax agreements, including the one with Germany," UBS priv
August 13, 2012 - German opposition leader attacks Swiss banks
Sigmar Gabriel, criticized Swiss banks for helping Germans avoid taxes, giving a strongly worded radio interview on Sunday that could put new strains on ties be
August 13, 2012 - German state could buy data even under tax deal, official says
"In an emergency, we will purchase more data," Walter-Borjans said, when asked whether NRW would buy data if a German-Swiss withholding tax deal, which he has v
August 13, 2012 - Apologetic Swiss banks sweat it out as U.S., Europe mull redress
Both Widmer-Schlumpf and chief negotiator Michael Ambuehl have dampened expectations for a U.S. deal by November, stoked as recently as last month by the financ