WASHINGTON — Banking giant UBS has agreed to pay $780 million and turn over once-secret Swiss banking records to settle allegations it conspired to defraud the U.S. government of taxes owed by ...
There's a lot of cachet to the Swiss bank account. For generations, banking in cities like Zurich and Geneva has come with an air of mystery. This is a nation that fiercely safeguards financial ...
The spotlight is shining on Swiss banks and offshore investment accounts. The strategy of wealthy Americans moving assets overseas in search of safety and stability in uncertain times is back in vogue ...
A growing number of wealthy Americans are opening bank accounts in Switzerland as part of the “de-Americanization” of their portfolios, according to investors and banks. Swiss banks say they have seen ...
Offshore accounts include those of financial institutions, American celebrities. Jan. 17, 2011 — -- Former Swiss banker Rudolf Elmer handed over two computer discs detailing thousands of offshore ...
According to what passes for a biography, Heidi Svenda Bernasconi, a.k.a “Miss Swiss Bank Account,” is originally from Ostermundigen, a town of 15,000 people in central Switzerland. The daughter of a ...
The general election has begun! And so has the onslaught of campaign ads. Which ones succeed? Which fail? In Ad Watch, we review them as they come out. Today: President Obama defends his jobs record ...
LONDON (Reuters) - Switzerland's private bankers fear cash-strapped Latin American countries pursuing billions of dollars in unpaid taxes will push the region's wealthy to pull cash from their Swiss ...
ZURICH/LONDON (Reuters) - Switzerland and Britain struck a deal to tax money kept by British residents in secret Swiss bank accounts, which will gift a windfall to the cash-strapped British government ...
Switzerland's Office of the Attorney General (AG) has imposed a fine on Pictet Bank for organisational shortcomings that facilitated money laundering. In a statement, the office said: “Pictet Bank was ...
Yielding to IRS arm-twisting, the Swiss bank UBS is set to relinquish two extremely valuable assets: the names of 4,450 American clients accused of tax evasion, and Switzerland's reputation for ...