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 thousands of American clients.
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Wed, 02/18/2009 - 6:18pm
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BING NEWS:
- Swiss inquiry castigates failings of Credit Suisse oversight, but pins most blame on bosses
Swiss lawmakers called for stricter oversight of the financial sector after investigating the collapse of Credit Suisse, casting an unflattering light on authorities while pinning the blame on the ...
12/20/2024 - 2:22 am | View Link - The Fall of Silence: Credit Suisse's Collapse and Switzerland's Secret Meetings
An inquiry into Credit Suisse's collapse highlights secret meetings and a culture of secrecy within Switzerland's government. Officials' mistrust and lack of documentation complicated efforts to save ...
12/19/2024 - 8:34 pm | View Link - Verdict on Swiss handling of Credit Suisse meltdown to set tone for UBS
ZURICH (Reuters) - A long-awaited report on how Swiss authorities handled the ... year that Jordan had backed nationalising the bank, before the secret plan was dropped amid opposition from ...
12/10/2024 - 9:27 pm | View Link - More
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