December 19, 2013 - Swiss banks urge U.S. tax dodgers to come clean to beat deadline
Swiss banks are quietly warning wealthy U.S. clients with secret accounts to come clean with the tax man in the next two weeks — or risk jail time, according to
December 17, 2013 - Florida judge grants $10.5 million bail for former UBS banker
U.S. Magistrate Judge Patrick Hunt agreed to let Weil stay with friends in New Jersey after putting up the bond, which included $9 million in a personal surety
December 17, 2013 - Ex-UBS Banker Weil Faces Judge as Deal on Tax-Evasion Seen
“There’s a good chance he’ll be ready to cooperate, and he’ll be throwing his people under the bus,” said attorney Edward Robbins of Hochman, Salkin, Rettig, To
December 17, 2013 = Swiss banker in eye of US tax evasion storm to face court
After his arrest, Weil told an Italian court he feared US authorities could pressure him to reveal the names of more US UBS clients, according to an official su
December 16, 2013 - Several Swiss cantonal banks to join U.S. tax deal
Banque Cantonale Vaudoise (BCV), Banque Cantonale de Geneve (BCGE), St. Galler Kantonalbank, Zuger Kantonalbank, Luzerner Kantonalbank and Graubuendner Kantonal
December 16, 2013- Several Swiss cantonal banks to join U.S. tax deal
Banque Cantonale Vaudoise (BCV), Banque Cantonale de Geneve (BCGE), St. Galler Kantonalbank, Zuger Kantonalbank, Luzerner Kantonalbank and Graubuendner Kantonal
December 14, 2013 - Dis-closure
Banks have four choices. They can declare themselves “category two” institutions (those with foreign clients who broke American tax laws), “category three” (tho
December 13, 2013 - Three More Swiss banks Join U.S. Tax Deal
Bank Coop, Migros Bank, and Linth Bank said on Tuesday they would participate in the U.S. scheme.
December 13, 2013 - Putin promises crackdown on $111bln offshore money leak
An estimated $111 billion of Russian money, or 20 percent of the country’s exports, is 'lost' offshore, President Putin said. To make Russian companies more tra
December 12, 2013 - FIRST DEADLINE APPROACHES FOR SWISS BANKS
FIRST DEADLINE APPROACHES FOR PARTICIPATION IN THE PROGRAM FOR NON-PROSECUTION AGREEMENTS OR NON-TARGET LETTERS FOR SWISS BANKS
December 12, 2013 - Swiss bank Valiant first to agree to U.S. tax deal, more to follow
“I think roughly 100 banks will end up coming forward – the coming weeks will show how many succumb to the pressure,” Peter V. Kunz, professor of business law a
December 11, 2013 - Two more Swiss banks join U.S. tax deal
Bank Coop and Migros Bank said on Tuesday they would participate in the U.S. scheme. They join Valiant Holding and Berner Kantonalbank, two mainly retail banks,
December 10, 2013 - Swiss banks pressed on U.S. disclosure program
Swiss authorities are urging banks to quash their doubts and enter a U.S. voluntary disclosure program designed to uncover American tax evaders.
December 9, 2013 - Swiss bank Valiant is first to bow to U.S. tax probe
The Swiss regional bank said it would participate in the scheme brokered by the Swiss government and Washington because it could not say definitively that all i
December 9, 2013 - Switzerland Urges Banks to Meet U.S. Disclosure Deadline
“The government is convinced the U.S. program allows the banks to settle the past,” she said today in Parliament in the Swiss capital Bern.