December 9, 2013 - Swiss authorities press banks to meet US disclosure deadline
The Swiss financial watchdog Finma requested banks to decide by today whether they will join the first stage of the US Department of Justice programme by applyi
December 9, 2013 - Swiss banks prepare to bow to US demands, ditch culture of secrecy
Many are leaving it to the last minute to tell the Swiss financial regulator whether they will participate in a US programme to settle tax evasion suspicions th
December 6, 2013 - Swiss banks prepare to bow to U.S. demands, grudgingly
“It’s really an elaborate game theory going on right now,” said one U.S. lawyer working for Swiss banks.
December 4, 2013 - Cayman, US sign FATCA pact
The Cayman Islands and the United States signed an agreement last week that will be the basis for the automatic exchange of tax information under the U.S. Forei
December 3, 2013 - Swiss banks, Bern, the US: tough friendships
the tensions have centred around spying by the American NSA and banking relationships. Here’s a roundup of what’s happening.
December 3, 2013 - Swiss Banker To Be Extradited To US
Former UBS banker Raoul Weil has agreed to be extradited to the United States to face charges of tax evasion after more than five weeks in an Italian jail, acco
December 2, 2013 - Swiss say banks can work alongside US on tax issue
Banks were “encouraged” to give “serious consideration to their participation in the program and to make their decisions in this regard in a timely manner,” it
December 2, 2013 - Swiss Authorize Group of Banks to Cooperate With U.S.
“The Federal Council gave various banks authorization to cooperate,” the government in Bern said in a statement on its website today, without disclosing the num
December 2, 2013 - Former UBS banker agrees to US extradition on tax evasion charge
After five weeks in Italian prison, Swiss banker Raoul Well will face charges of helping 17,000 Americans dodge taxes
November 27, 2013 - UBS Paris office raided in Swiss tax fraud probe
French investigators on Wednesday raided the Paris headquarters of the local arm of Swiss bank UBS, which has been placed under investigation for allegedly help
November 22, 2013 - Switzerland seeks EU deal on tax evasion
"We want to reach an overall deal with the EU," Eveline Widmer-Schlumpf told a workshop on the Swiss financial sector, according to the ATS news agency.
November 22, 2013 - Credit Suisse outlines crisis plan to shield Swiss activities
The move puts Credit Suisse's domestic retail, commercial and private banking operations in a "lifeboat" more immune to market vagaries and represents its respo
November 21, 2013 - How Germany's taxman used stolen data to squeeze Switzerland
In 2007, Sina Lapour, an assistant to a private banker at Credit Suisse, hand-copied the names of potential tax evaders listed on two of the firm's internal com
November 19, 2013 - Judge rejects house arrest bid by jailed ex-UBS banker: source
An ex-UBS banker charged in the United States with conspiring to help Americans dodge taxes using Swiss bank accounts must remain behind bars in Italy after a j
November 13, 2013 - Probe turns to another bank in Switzerland, and one based in Bermuda
The five include Bank of New York Mellon, Citibank, JPMorgan Chase Bank, HSBC Bank and Bank of America.