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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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  • Secrecy issue hitting Swiss banks' outlook -Moody's 10 Dec 2009 16:45 GMT
    ... * Moody's says credit outlook negative for Swiss banks * Poor banking credit conditions could last 18 months (Adds ... will face higher compliance costs," Moody's said. Switzerland's banks have come under pressure from foreign ...

  • UPDATE 1-Secrecy issue hitting Swiss banks' outlook -Moody's 10 Dec 2009 18:00 GMT
    ... ...

  • Switzerland Rejects Bank-Data Swap 16 Dec 2009 16:15 GMT
    ... December 2009 - Dow Jones Newswires The Swiss government Wednesday backed privacy laws protecting clients ... form the heart of new plans for Switzerland's financial industry, which has been rocked by ... confidentiality would remain a hallmark of Swiss banking, even as it partially cedes to pressure ...

  • Swiss fall to racist panic 13 Dec 2009 10:53 GMT
    ... Beautiful, peaceful, rich Switzerland has fallen under a curse in recent ... from National Socialist persecution. In truth, the Swiss saved as many Jews as they turned ... U.S. tax investigators to violate sacred Swiss banking secrecy and shamelessly throw clients to the ...

  • Data stolen from HSBC in Switzerland: bank association 9 Dec 2009 14:58 GMT
    ... Geneva: Data was stolen from HSBC’s Swiss branch last year, the head of a Swiss banking association said on Wednesday, amid media reports that some names of alleged French tax ...

  • Swiss govt says to protect bank clients'' privacy 16 Dec 2009 18:32 GMT
    ... Bern/New Delhi, Dec 16 (PTI) The Swiss government has thrown its weight behind the ... exchange of information, especially in tax matters, Switzerland has said that it is ready to ... of secret accounts. Earlier this year, Swiss banking major UBS agreed to disclose information about ...

  • Swiss Govt says to protect bank clients` privacy 16 Dec 2009 20:11 GMT
    ... Bern/New Delhi: The Swiss government has thrown its weight behind the ... exchange of information, especially in tax matters, Switzerland has said that it is ready to ... of secret accounts. Earlier this year, Swiss banking major UBS agreed to disclose information about ...

  • Swiss bank fined $536mln for Burma ties 17 Dec 2009 11:18 GMT
    ... Swiss bank fined $536mln for Burma ties Dec ... Burma ties Dec 17, 2009 (DVB)–A Swiss banking giant has been fined $US536 million after ...

  • The Swiss reveal an ugly, racist side 13 Dec 2009 23:31 GMT
    ... ’s change of fortune began in 1998 when a ... Jews from Nazi persecution.  In truth, the Swiss saved as many Jews as they turned ... US tax investigators to violate sacred Swiss banking secrecy and shamelessly throw clients to the ...

  • Swiss Bank Fined $536 Million for Breaking U.S. Sanctions on Iran 17 Dec 2009 05:13 GMT
    ... Switzerland's second largest bank, Zurich-based Credit Suisse, is ... now face any criminal charges. reports, the Swiss bank will not find itself blacklisted by the banking system in the U.S. notes that Credit ...

  • Microsoft Joins Swiss Vendor to Push SQL Server in Banks 10 Dec 2009 19:26 GMT
    ... Microsoft and Swiss banking systems provider Temenos have joined forces to push SQL Server in the banking sector, ...

  • BRIEF-Moody's outlook for Swiss banks is negative 10 Dec 2009 15:35 GMT
    ... Dec 10 (Reuters) - Swiss banking system: outlook for Swiss banks is negative reflecting the challenges faced by the largest ...

  • US Fines Swiss Bank for Sanctions Violations 17 Dec 2009 01:00 GMT
    ... U.S. law enforcement officials announced Wednesday that they have reached ... let it stand." The settlement with the Swiss banking giant is the largest penalty ever assessed ...

  • Swiss govt names conditions for more tax cooperation 16 Dec 2009 16:35 GMT
    ... ZURICH, Dec 16 (Reuters) - Switzerland will cooperate more on international tax matters ... regularise undeclared bank accounts in return, the Swiss government said in a strategy paper published ... pressure earlier this year to ease its banking secrecy rules, it has signed new tax ...

  • Swiss government proposes withholding tax 17 Dec 2009 11:33 GMT
    ... Last updated: December 17 2009 10:45 The Swiss government on Wednesday responded to rising pressure ... of a number of ideas to boost Switzerland as a financial centre, would cover all ... Switzerland gaining reciprocal benefits, such as improved banking access to foreign markets. Foreign legal experts ...


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