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SWISS BANKERS ASSOCIATION
Credit Suisse collapse threatens Switzerland's wealth management crownBattered by years of scandals and losses, Credit Suisse had been fighting a crisis of confidence for months, before its demise was sealed i...- Swiss banks moving 'full speed' on automatic tax information exchangeSwiss banks are working at "full speed" to implement the automatic tax information exchange regime that will help India's efforts to crackd...
- Now, Switzerland to publish list of bank accounts dormant for 60 yearsThese accounts have remained unclaimed since 1955. Speculation is rife there may be accounts belonging to some erstwhile kings, members of ...
- Switzerland remains largest offshore financial centreA huge global pressure to break secrecy veils of Swiss banks notwithstanding, Switzerland remains the world's largest offshore financial ce...
- Make requests that are 'justified': Swiss banks to IndiaIndian money in Swiss banks rose 43% last year to close to 2.03 bn Swiss francs (Rs 14,000 crore), as per the latest data from Swiss Nation...
- Swiss banks devise new 'cash' strategies for clientsAs hundreds of world's rich congregate for World Economic Forum Annual Meeting in Davos, meetings with Swiss bankers are lined up.
- Swiss banks devise new 'cash' strategies for clientsAlso on the platter is advice to put money in virtual currencies, especially in the wake of Bitcoin ATMs becoming operational in Zurich.
- Untaxed money: Swiss banks to boost vigil on overseas clientsStepping up their efforts to curb flow of unaccounted money, Swiss banks will strengthen their due diligence of overseas clients & advise t...
- Automatic tax data exchange to hurt fund flows, say Swiss banksAll Swiss banks put together managed assets totalling over Rs 383 lakh crore at the end of 2012, out of which 51 per cent came from abroad.
- Swiss citizens oppose sharing of bank client details: Survey86 per cent of respondents believing that the financial details of bank clients must be protected from third parties.
- Tax amnesty for offshore accounts won't work: Rudolf Elmer"I am not an admirer of amnesty plans. It is crucial that tax evaders, if caught, face tough sentences such as long imprisonment."
- Managers of foreign assets add Rs 43k crore value to Swiss fin sectorSwiss financial industry saw as many as 29,000 employees engaged in wealth management of foreign clients generate a value of over Rs 43,000...
- Swiss banks' foreign assets fall by about Rs 5 lakh croreThe foreign assets kept with Swiss banks came down by about Rs 5,00,000 crore last year, amid a global outcry against the alleged practice ...
- Swiss banks ask govt to reject mass-requests for infoSwiss banks have asked their government to reject any "mass-requests" for account details, even as the European nation plans to relax its n...
- Swiss banks list out four conditions for sharing infoFacing flak for helping foreigners stow away wealth, Swiss banks have agreed to share certain account details of suspected money launderers.
- Swiss banks to focus on 'taxed assets' from foreign clientsFacing criticism for giving safe haven to assets hoarded by tax defaulters from India and other countries, Swiss banks have decided to focu...
- Name customers, banks before seeking a/c details: Swiss banksIn the backdrop of India and Switzerland re-negotiating a bilateral tax treaty, Swiss banks have made it clear that any country seeking sec...
- Swiss banks offer to tax Indian, other foreign clientsPressed hard for giving access to details of money stashed away by Indians and other overseas clients with them, Swiss banks have offered t...
- India to zero in on Swiss accounts: FMA day after the Swiss Bankers Association said they wouldn't divulge details of their Indian clients, India said it was not interested in a...
- Swiss banks refuse blame for foreign clients' tax evasionSwiss banks cannot be expected to police foreign clients' tax affairs, one of the country's top banking officials on Monday, rejecting Germ...
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