June 30, 2014 - UBS says books 254 million Swiss franc against second quarter to settle one German tax probe
The Zurich-based lender’s offices in Germany were searched last year as part of an investigation of 750 cases involving foundations, a probe sparked by a CD wit
July 28, 2014 - Swiss banks face lower fines than feared in U.S. tax case: paper
About 80 of the 106 Swiss banks that signed up for a deal with U.S. tax authorities could be fined less than they had feared for their role in helping wealthy A
July 24, 2014 - UBS charged with tax fraud in France: judicial source
Swiss bank UBS was on Wednesday charged with tax fraud in Paris for allegedly helping rich French clients to hide money in Switzerland, a judicial source said.
July 22, 2014 - Credit Suisse reports second quarter loss
Swiss banking giant Credit Suisse has reported its biggest quarterly loss in almost six years after being hit by costs related to its settlement with US authori
July 16, 2014 - UBS banks on growth in business with the ultra-rich
Private banks are increasingly seeking the ultra-rich - typically those with liquid assets of 50 million Swiss francs ($55.9 million) or more - in a shift from
July 15, 2014 - Former UBS Executive Having Trouble Bringing Spooked Witnesses to U.S.
ZURICH–A former Swiss banker and top UBS AGUBSN.VX +0.55% executive slated to go on trial for allegedly aiding U.S. tax evasion has asked that witnesses too spo
July 15, 2014 - Secret Path Revealed for Chinese Billions Overseas
For years, wealthy Chinese have been transferring billions worth of their money overseas, snapping up pricey real estate in markets including New York, Sydney a
July 14, 2014 - BNP, tax evasion: US still dictates its economic law
After lengthy negotiations, France's largest bank agreed to pay $8.9 billion and pleaded guilty to moving billions of dollars through the US financial system on
July 14, 2014 - Credit Suisse to disclose 1,000 employee names to US
Credit Suisse has informed over 1,000 employees that their names are being handed over in the course of investigations by the US into tax evasion in Swiss bank
July 11, 2014 - Wikileaks 'Whistleblower': Ex-Julius Baer Banker Rudolf Elmer Charged With Violating Secrecy Laws
"Elmer sees himself as a whistleblower," said prosecutor Peter Giger to Bloomberg on the telephone. "He has a message he wants to bring across. I am convinced h
July 9, 2014 - Credit Suisse Says Pension Assets at Risk Unless Court Delays Sentencing
Credit Suisse asked that sentencing currently scheduled for next month be pushed to "at least" the beginning of November, because the bank hasn't yet been able
July 7, 2014 - How Credit Suisse Helped Americans Avoid Taxes and Iran Dodge U.S. Sanctions
redit Suisse paid a $2.6 billion penalty for helping Americans avoid taxes.
July 2, 2014 - Offshore Crackdown Kicks Off With 30 Percent Penalties for Banks
Tomorrow, the U.S. government will start imposing 30 percent taxes on many overseas payments to financial institutions that don’t share information with the IRS
July 1, 2014 - FATCA Starts July 1: U.S. Offshore Tax Evaders Beware
U.S. tax evaders will find it much harder to hide money abroad starting Tuesday, when a sweeping new law enters into effect requiring foreign banks to report th
June 30, 2014 - UBS, BNP Warned of France’s Zero Tolerance on Tax Evasion
UBS AG, BNP Paribas SA, Credit Suisse Group AG and other banks providing wealthy French people a home for their money in Switzerland are being told: No more tax