According to this article from Reuters, Swiss banks may be underestimating the fines they are facing for allegedly having helped US clients evading taxes. The article explores the impact those fines might have on the dividend and potential capital increase. According to Reuters’ calculations, a penalty highly exceeding what has been set aside so far would have dramatic consequences. Even a penalty exceeding the provisions by $200m would wipe out ‘about 40 percent of the collective 2013 profits of the three smaller Swiss banks known to be targeted by the probe who publish accounts’.