May 12, 2014 - Credit Suisse: Ending U.S. tax dispute ‘top priority’
“The resolution of the tax dispute is one of the most pressing issues currently facing Credit Suisse,” Rohner told the assembly.
May 12, 2014 - U.S. Advances Offensive on Use of Swiss Insurance to Hide Assets
The Justice Department said Friday it reached a non-prosecution agreement with Zurich-based Swisspartners Group, which will pay $4.4 million in forfeitures and
May 9, 2014 - UBS backs Switzerland adoption of OECD information exchange deal
The seal of approval from Switzerland signaled its commitment to global crackdown on tax evasion and fraud, as well as its concession in nearly-a-century-long t
May 8, 2014 - UBS backs Switzerland adoption of OECD information exchange deal
Yves Kaufmann Lobato, spokesperson of UBS, told Xinhua this afternoon that UBS was committed to international standards and welcomed the Swiss government's enga
May 8, 2014 - Wyoming Businessman Sentenced to Prison for Using Concealed Caribbean Bank Account in Tax Evasion Scheme
Robert C. Sathre was sentenced today to serve 36 months in federal prison for tax evasion by U.S. District Judge Alan B. Johnson in Cheyenne, Wyoming, the Justi
May 6, 2014 - Swiss bank UBS gets Q1 investment banking boost
“The continued absence of sustained and credible improvements to unresolved issues in Europe, continuing U.S. fiscal and monetary policy issues, geopolitical in
May 6, 2014 - Credit Suisse Said Near U.S. Tax Deal for Over $1 Billion
The resolution of the investigation may also include a guilty plea, according to a person familiar with the talks who asked not to be identified because the mat
May 6, 2014 - Swiss finance minister meets with US attorney general, charges weighed in bank probe
A U.S. law enforcement official said the meeting came as the Justice Department weighs criminal charges against Zurich-based Credit Suisse. U.S.
May 6, 2014 - Swiss chief of finance visits U.S. as bank is scrutinized
Attorney General Eric Holder met with Switzerland's finance minister in Washington last week.
May 2, 2014 - Swiss bank UBS bars staff from entering France - report
UBS spokeswoman Dominique Scheiwiller said the bank did not wish to comment. “There’s an investigation under way and we are cooperating with French authorities,
May 1, 2014 - Credit Suisse, BNP Paribas at Risk of Criminal Charges; the 'Nuclear Sanction'
Previous probes have been resolved through so-called non-prosecution and deferred-prosecution agreements, which have been criticized by U.S. senators for failin
May 1, 2014 - Swiss Enabler to Plead Guilty in Credit Suisse Tax Case
Josef Dorig will appear in federal court in Alexandria, where he was arrested today and released on $150,000 bail, records show. Dorig was indicted in 2011 with
April 22, 2014 - New Tax Risks for Owning Overseas Assets
July 1 will mark a key stage of implementing the Foreign Account Tax Compliance Act, or FATCA, which Congress enacted in 2010 as way to crack down on offshore t
April 18, 2014 - Cayman Islands Is The New Switzerland, But Not The Way You Think
Yet some people consider institutions in the Caymans to be less rigorous in observing tax and banking laws than European nations. That creates a perfect storm.
April 16, 2014 - NY regulator subpoenas Credit Suisse in U.S. tax probe: source
New York state's top financial regulator has ordered Credit Suisse to turn in the employment records of its former New York head as part of a widening investiga