Swiss bank UBS to be tried in France over tax fraud
Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme, legal sources told AFP on Monday.
Mar 20, 2017, 17:44 PM ISTCredit Suisse to axe 2,000 more investment banking jobs
Switzerland`s second-biggest bank said on Wednesday it would shave a further 800 million Swiss francs ($821 million) off costs and cut 2,000 more jobs from its Global Markets division.
Mar 23, 2016, 15:10 PM ISTUBS says not fined in currency rigging probe but must pay $342 mn
Swiss banking giant UBS said Wednesday that the US Department of Justice had dropped charges against it after a probe into currency rigging.
May 20, 2015, 12:33 PM ISTLeaked bank files show HSBC 'helped clients dodge taxes'
A cache of secret bank files shows that HSBC`s Swiss banking arm helped wealthy customers avoid taxes and hide millions of dollars, according to a report by a network of investigative journalists released Sunday.
Feb 09, 2015, 04:15 AM ISTCredit Suisse bid to dismiss US mortgage suit denied
Swiss banking giant Credit Suisse can be prosecuted for its role in the US housing finance meltdown, according to a court decision, which dismissed the company`s bid to halt a suit.
Dec 27, 2014, 18:16 PM IST