The Guardian perpetuated a popular and entirely incorrect myth about Swiss banking secrecy today. It said this secrecy was introduced in 1934 to protect German
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Switzerland can’t have it both ways
Bloomberg has reported that: Switzerland asked the U.S. not to pressure UBS for client data located in the Alpine country as investigators look into whether
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UBS: did its board breach money laundering rules in the USA (and will they go to prision if they did?)
The FT has reported: Senior executives at UBS, the Swiss bank being investigated by US authorities, knew some of their bankers had acted in a
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UBS show no sign of reform
The Australian has reported: UBS’s US operations decided on the ban earlier this month after it was caught up in a congressional enquiry into tax
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Super-rich tax dodgers
UBS knew it was acting illegally
I have been reading the US Senate report on tax havens that focuses on LGT and UBS. I have already reported my doubts about the
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UBS: their business model was illegal
This report is typical of many tonight: UBS admitted it broke U.S. law in setting up sham offshore tax shelters for wealthy Americans and agreed
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The end of Swiss banking?
The FT has noted that: It promises to be a long hot summer for UBS and Credit Suisse, Switzerland’s two world-scale banks. That is not
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The arrogance that has sunk UBS
UBS is fighting for its survival, not just in the US, but quite possibly around the world following the exposure of the corporate corruption at
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