July 25, 2012 - Switzerland seeks extradition of ex-HSBC employee
“As Mr. Falciani is not a Spanish citizen, the Spanish authorities will decide to extradite him or not based on a European convention,” added Ryser. Both Spain
July 25, 2012 - U.S. Treasury to release foreign tax pact rules within days
The U.S. Treasury Department will release before the end of July new compliance rules for foreign governments eager to cooperate with looming U.S. tax laws
July 24, 2012 - Global super-rich hide $21T in tax havens
major private banks such as UBS, Credit Suisse, Goldman Sachs, Bank of America and HSBC handled the most assets on behalf of the super-rich.
July 24, 2012 - Swiss say alleged HSBC data thief arrested in Spain
A former HSBC employee accused of stealing data has been arrested in Spain on a request by Swiss authorities seeking his extradition.
July 24, 2012 - Did Some Political Figures Have Secret Swiss Accounts?
A “handful” of politically connected Americans had secret, undisclosed accounts at the Swiss bank UBS a source familiar with the accounts told CNBC.
July 23, 2012 - For UBS, a Record of Averting Prosecution
At UBS, a series of immunity, nonprosecution and deferred prosecution agreements in recent years — evidently the government’s preferred approach to corporate cr
July 23, 2012 - Swiss Raiffeisen to drop US clients amid tax row
Overall, 11 Swiss or Switzerland-based banks have been targeted including Credit Suisse, Julius Baer, Wegelin, Zuercher Kantonalbank (ZKB), Basler Kantonalbank
July 17, 2012 - UBS manager charged over tax evasion: source
French authorities have charged a manager with the local affiliate of Swiss bank UBS in connection with a probe into alleged tax evasion, a judicial source told
July 16, 2012 - U.S. Explores Consequences of Lawsuit Against Credit Suisse: NZZ
The U.S. embassy in Bern has compiled a report for the U.S. State Department on the possible consequences of a lawsuit against Credit Suisse Group AG (CSGN), NZ
July 16, 2012 - German state buys Swiss banking data
The CD contains the names and bank details of some 1,000 wealthy Germans who are customers of the Zurich branch of Coutts,
July 16, 2012 - Germany Pays For Leaked Coutts Data On Clients With Swiss Accounts - Media
German tax authorities have purchased confidential information about clients of Coutts, the UK bank,
July 13, 2012 - Austria ratifies tax deal
The Austrian parliament has given the go-ahead to a bilateral deal with Switzerland aimed at legalising undeclared assets in Swiss banks
July 12, 2012 - Germany, France raid Swiss clients
German tax authorities have raided Credit Suisse clients and French officials searched the homes of UBS employees, deepening the crackdown on foreigners hiding
July 12, 2012 - Clients of Swiss Bank Raided in Tax Probe
BERLIN—German tax inspectors in recent weeks have been raiding the homes of Credit Suisse Group AG clients suspected of evading taxes, according to bank and Ger
July 11, 2012 - European tax probes are headache for Swiss banks
More raids on UBS premises in France and a reported crackdown on Credit Suisse clients in Germany have tightened the screw on Swiss banks that are desperately t