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SWISS BANKING REFORMS
Near ''cliff''s edge,'' Credit Suisse not seen as systemic riskExperts say the upheaval is largely a byproduct of Credit Suisse's troubles in recent years - making it look relatively vulnerable - and in...
Credit Suisse scrambles to finalise revamp as deadline loomsAnalysts have said the company might need as much as 9 billion Swiss francs ($9 billion) as part of a reorganization, some of which may hav...
India picks blockchain lessons in crypto valleyIndian delegation to Switzerland will recommend policy changes aimed at adopting blockchain.
Switzerland asks US to swiftly conclude proceedings against Swiss banksThe main topics addressed during the discussions included international cooperation, economic and trade contacts, and Switzerland's relatio...
Special service at HSBC may help some Swiss bank account holders to escape penalty by tax officeHSBC employees served as directors on the boards of these investment companies while the shares of the companies were held, on behalf of th...
Swiss leaks: HSBC admits to weak compliance in pastWe acknowledge that the compliance culture and standards of due diligence in HSBC's Swiss private bank were significantly lower than they a...
WEF 2015: Structural reforms must to spur global economic growth, say expertsCalling for structural reforms to bolster global growth, business leaders and experts today emphasised that politicians need to do their wo...
Turning the black money tide: It will require reforms in taxation and real estate transactionsGenerated through out-of-book transactions, under-reporting and market manipulation, black money distorts India’s financial regime.
Has the government really scored a major victory in the hunt for black money in Swiss banks?The pact with the Swiss insists on confidentiality until prosecution charges are filed, but the government is threatening to reveal names p...
Foreign accounts are no gold mineWhile large amounts of black money do leave India, they probably also round-trip back to India, to reap the riches of a fast-growing econom...
- Black money stashed in Swiss banks can be returned: report
The move comes as clients of Swiss banks are becoming increasingly nervous after a spate of data thefts, the most recent being the transfer...
- UBS chief warns of effects of reforms
UBS may have to double its own capital if Swiss regulators put in place the reforms currently under discussion to prevent banks from becomi...
- Swiss still back bank secrecy: Poll
A majority of Swiss people remain in favour of retaining the country's long-cherished tradition of bank secrecy despite growing internation...
- UBS not ruling out tax probes in other countries: Chairman
UBS chairman Kaspar Villiger said in a newspaper interview on Sunday that he could not entirely rule out that some staff at the Swiss bank ...
- Danger still stalks European banks as reformers close in
Danger still stalks European banking. This is the message from developments last week ranging from an ECB warning of a bad-loan mountain to...
- Black money trail: Swiss ready to revise treaty
India wants to renegotiate DTAA, a tax treaty in force since 1995, to obtain details of bank accounts maintained by Indians in Switzerland....
- UBS bans asset managers' foreign travel
UBS, Switzerland's largest bank, introduced a ban on travel abroad for its assets managers.