May 2, 2009 - Swiss Banks
Time to end the tax haven business...
May 1, 2009 - UBS asks US court to drop tax evasion case
UBS AG asked a U.S. court on Thursday not to proceed with a high-profile tax evasion case brought against it by the U.S. ...
May 1, 2009 - UBS Says U.S. Wants Bank to Break Swiss Criminal Law (Update2)
The IRS now asks this court to force a Swiss financial institution... to violate Swiss law...
April 30, 2009 - Can the Swiss Still Keep a Secret?
The UBS scandal could destroy the world’s wealthiest tax haven...
April 29, 2009 - Swiss Want U.S. to Drop UBS Lawsuit in Return for Tax Accord
Merz said he made the request... with Treasury Secretary Timothy Geithner, who “acknowledged the suggestion in a positive way.”...
April 29, 2009 - Head of UBS Investment Bank Unit Steps Down
The investment banking division... was responsible for almost all of the losses that UBS has suffered from the credit crisis....
April 28, 2009 - I.R.S. to Pursue Foreign Banks Assisting Tax Evasion
“We have identified other offshore banks that are engaged in similar activities,” Daniel Reeves, an agent with the I.R.S. ...
April 28, 2009 - IRS going after offshore banks' client lists
The IRS, widening its investigation of offshore private banking... is preparing to take action against other offshore banks...
April 27, 2009 - Swiss Ask U.S. to Drop Demand for Names of UBS Customers
The president of Switzerland, Hans-Rudolf Merz, has asked Timothy F. Geithner, the Treasury secretary, to drop a lawsuit led by the DOJ...
April 26, 2009 - Swiss ask U.S. to drop UBS tax evasion case
... but U.S. authorities are still pursuing it, seeking to access the data of another 52,000 Americans...
April 25, 2009 - Financial News: Credit Suisse Oozes Confidence At AGM
Just days after shareholders at UBS' (UBS) annual meeting accused the bank's chairman of telling fairy tales....
April 24, 2009 - Credit Suisse Surprises by Posting Strong Profit
The bank, second in size only to UBS among Swiss lenders, returned to profit with net income of 2 billion Swiss francs ($1.7 billion)...
April 23, 2009 - UPDATE: UBS: Allegations From German TV Frontal21 Unfounded
... Frontal21, ... accused the Swiss bank of managing money for... tax haven structures on behalf of German clients...
April 22, 2009 - Swiss tax fight highlights evasion issue
The summonses have triggered an international legal battle that will test Swiss banking secrecy laws against tax treaty obligations...
April 20, 2009 - Man in the News: Oswald Grübel
The German-born executive has already shattered precedent... by being the only person to have headed both UBS and Credit Suisse...