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Switzerland Banking News. Service for global professionals. Constantly updated news and information about Switzerland.
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Latest Switzerland Banking News

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  • Holes in Swiss banks 28 Dec 2009 07:11 GMT
    ... Switzerland's finance minister acknowledges that he had a ... a rough time this year after the Swiss bowed to international pressure on banking secrecy under the onslaught of US lawsuits ...

  • Informant Says He Will Assist Further in Tax Case Against Swiss Bank 28 Dec 2009 03:40 GMT
    ... The informant, Bradley Birkenfeld, was a former UBS banker who was sentenced in August to three ... investigation into rich Americans' use of secret Swiss bank accounts to avoid taxes. Partly because ...

  • UBS Informant Seeks Delay, Reconsideration Of Prison Sentence 28 Dec 2009 05:22 GMT
    ... UBS Informant Seeks Delay, Reconsideration Of Prison Sentence By ... asked him a single question about UBS, Swiss private banking, or any of Mr. Birkenfeld's former U.S. ...

  • UBS whistleblower seeks prison postponement 28 Dec 2009 00:10 GMT
    ... Former UBS banker Bradley Birkenfeld runs into the Federal Courthouse ... in the U.S. tax evasion case against Swiss bank UBS AG has asked ... Swiss authorities signed a pact in which Switzerland agreed to reveal the names of about ...

  • U.S. Dollar Takes Temperature of Troubled World: Paul Kennedy 28 Dec 2009 05:50 GMT
    ... as much against the euro. Some older-fashioned bankers must be yearning for the days of ... back on Tuesday. No wonder the big banks want to reward their smartest, fastest traders ... possible, either a neutral country, such as Switzerland, or a country that seemed more likely ...

  • UBS case whistleblower seeks prison postponement 28 Dec 2009 03:50 GMT
    ... in the U.S. tax evasion case against Swiss bank UBS AG has asked a federal ... government to uncover tax cheats. Former UBS banker Bradley Birkenfeld, who was sentenced in August ... Swiss authorities signed a pact in which Switzerland agreed to reveal the names of about ...

  • UBS case whistleblower requests prison postponement 28 Dec 2009 07:40 GMT
    ... in the U.S. tax evasion case against Swiss bank UBS AG (UBSN.VX) (UBS.N) has asked ... U.S. government in the case. Former UBS banker Bradley Birkenfeld, who was sentenced in August ... Swiss authorities signed a pact in which Switzerland agreed to reveal the names of about ...

  • Pod People 28 Dec 2009 03:12 GMT
    ... the Americas and Asia. Nevertheless, Nestle is banking on these big markets. "Where there is an ... company only has a recycling program in Switzerland, but they are reacting to the criticism. ...

  • St. Joe sells St. Johns golf club as part of tax strategy 28 Dec 2009 06:42 GMT
    ... be rewarded." The European Commission has cleared Switzerland-based Adecco S.A.'s $1.3 billion acquisition of Jacksonville-based ... with Jacksonville-based Sunset Financial Resources Inc., a mortgage investment firm. Now after merging with privately ...

  • Scandals: Debacles of the decade (Yesterday) 28 Dec 2009 06:42 GMT
    ... -- not to mention the spectacle of bankers making out like bandits in the aftermath, with ... avoid prosecution or C) His arrest in Switzerland this year. CELEBRITY BAD BEHAVIOR: Mel Gibson's ...

  • Taste for risk cheers investment managers 28 Dec 2009 00:11 GMT
    ... Published: December 27 2009 23:52 | Last updated: December ... for another following the near-collapse of the banking system in September 2008. But this month, ... investing in emerging markets, in contrast to Swiss and Belgian investors. The winners, according to ...

  • Swiss bank secrecy emerges from 2009 with holes 27 Dec 2009 05:32 GMT
    ... Yet, the Swiss banking industry insists that it was stirred rather ... by their taxpayers. After the OECD told Switzerland to face up to a "new, much ...

  • Swiss plot escape from economic doldrums 27 Dec 2009 19:11 GMT
    ... As Switzerland reflects on a bruising 12 months for ... dry up. The umbrella group of the Swiss mechanical and electrical engineering sectors, Swissmem, said ... in the fight against swine flu. Swiss banking giant, UBS, is still tottering from the ...

  • Morgenthau: Bankers needed jail threat 27 Dec 2009 23:10 GMT
    ... NEW YORK, Dec. 27 (UPI) -- Legendary New York prosecutor ... wanted to impose civil penalties on the Swiss bank after he charged it with violating financial ... employees stripped out the identities of Iranian banks that were sending money used by entities ...

  • Kiwi jailed in US for fake bank scam 27 Dec 2009 00:12 GMT
    ... ArticleData Array ( [Article] => Array ( [article_id] ... Morgan has previously been implicated in a banking scam and Swiss banking authorities have banned him from using ...


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