June 27, 2013 - Swiss to debate moves to settle US tax dispute next week
"The government will discuss this at its next meeting" on July 3, government spokesman Andre Simonazzi said at the government's weekly press briefing on Wednesd
June 26, 2013 - French regulator fines UBS US$13.1m in tax probe
Banking regulator ACP fined the French unit of Swiss bank UBS 10 million euros (US$13.1 million) on Wednesday for failures on internal oversight of products cur
June 25, 2013 - Swiss court stops handover of Credit Suisse employee's data to U.S
A Swiss court has ordered an injunction halting the transfer of a former Credit Suisse employee's data to U.S. tax authorities, a lawyer involved in the case sa
June 24, 2013 - Geneva lawyer says HSBC, CS could have CHF1b in US fines
Douglas Hornung, Geneva lawyer, believes Credit Suisse will have to pay CHF1 billion in fines and HSBC not quite a billion to the US for helping wealthy America
June 24, 2013 - Swiss government delays bid to settle U.S. tax dispute
The Swiss government will consider ways to allow the country's banks to hand over information to U.S. authorities either next Wednesday or a week later, a spoke
June 24, 2013 - Swiss banking major UBS to exit Indian banking sector
Swiss banking major UBS has decided to surrender its banking licence in India, which includes exiting its fixed income business, forex operations, and credit se
June 24, 2013 -
Swiss banking major UBS has decided to surrender its banking licence in India, which includes exiting its fixed income business, forex operations, and credit se
June 21, 2013 - Werfel vows to "uncover every fact" in IRS row
“I am prepared to follow the facts wherever they take us. It is the only way to restore trust,” Werfel told a sub-panel of the House of Representatives Appropri
June 21, 2013 - 5 takeaways from IRS scandal
Lawmakers have muddied the plot with strategic leaks of interviews conducted by congressional investigators with IRS employees involved in the scandal.
June 21, 2013 - Local Tea Party Supporters Rally For Audit On IRS
Justin Binik-Thomas was singled out by the IRS in a letter to the Liberty Township Tea Party. The agency asked the Tea Party to explain its relationship with th
June 21, 2013 - The IRS Scandal Isn’t Resolved, Despite Cummings’ Transcript Release
Cummings needs to get out of the way and let the investigation continue responsibly, instead of doing everything in his power to block it, just to protect Obama
June 21, 2013 - IRS to Get Chance to Sell Turnaround Story
The hearing on Thursday could give the IRS an opportunity to begin turning a corner in the controversy.
June 21, 2013 - Swiss Central Bank Cites Increased Stability at UBS, Credit Suisse
"As Switzerland's big banks are strongly interconnected with European counterparties, the indirect loss potential could be substantial," Swiss National Bank sai
June 21, 2013 -World leaders tackle tax havens with ICIJ help
The International Consortium of Investigative Journalists (ICIJ) can take partial credit for the results of this week’s G-8 summit meeting in Northern Ireland.
June 21, 2013 - US Exchanges Private Individuals' Bank Account Info With Foreign Nations
The idea is to prevent tax avoidance through offshore accounts