PKB Privatbank AG, Falcon Private Bank AG and Credito Privato Commerciale in liquidazione SA (CPC) have reached a solution with the US Department of...
PKB Privatbank AG, Falcon Private Bank AG and Credito Privato Commerciale in liquidazione SA (CPC) have reached a solution with the US Department of...
SB Saanen Bank and Privatbank Bellerive respectively managed $62m and c.a. $69m of US-related money, but will pay very different fines, i.e. $1.3m for...
Bloomberg reported that UBS Group AG and Bradley Birkenfeld, a banker-turned-whistle-blower, were deemed by California Superior Court Judge Kim G. Dunning ‘to have too...
The Agefi comes back on the statement made earlier this week by Julius Baer announcing it made provision of $350m to settle the tax...
The US Department of Justice (DoJ) announced that they reached an agreement with a further two Category 2 Swiss banks. SB Saanen Bank AG...
As more and more Swiss banks settle their tax dispute with the US under the US Tax Program, experts warns that it could mean...
Julius Baer announced it half year result. The net profit was impacted by the provision of $350m (CHF 326m) for the potential settlement with...
According to the Wall Street Journal, ‘criminal investigators at the IRS are probing whether a Singapore asset-management firm accepted transfers from undeclared Swiss accounts...
The US Department of Justice (DoJ) announced that they reached an agreement with a further 3 Category 2 Swiss banks. Mercantil Bank (Schweiz) AG,...
Another Category 2 bank of the US Program, Nidwaldner Kantonalbank, is nearing agreement with the US Department of Justice (DoJ) according to Finews. This...