Swiss Bank
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NEW YORK (Reuters) - Wegelin & Co, the oldest Swiss private bank, is digging in its heels against a U.S. criminal charge that it conspired to help wealthy Americans evade taxes. At a hearing in U.S. District Court in Manhattan on Wednesday, a ...
May 23, 2012 at 23:44 | Source: Yahoo Finance
The Swiss National Bank is considering imposing capital controls on foreign deposits if Greece leaves the euro, as the franc comes under heavy demand from investors seeking a haven in Europe. Speaking to Swiss media, Thomas Jordan, head of the Swiss ...
May 27, 2012 at 16:44 | Source: Financial Times
Swiss central bank President Thomas Jordan said pressure on the franc ceiling has increased since recent renewed turmoil in the euro area, SonntagsZeitung reported, citing an interview. “The situation over the past few weeks has worsened and ...
May 25, 2012 at 23:56 | Source: Bloomberg
Switzerland’s franc depreciated to its weakest level against the euro since March 16 amid speculation the Swiss central bank may take action to discourage investors from using the currency as a refuge. There were “rumors that the Swiss ...
May 24, 2012 at 17:02 | Source: Bloomberg
following unusual trading activity that investors described as the first real test of the Swiss National Bank’s resolve to weaken its currency. In an unexpected swing, the euro rose to 1.2075 against the franc, in what traders said was a response to ...
May 24, 2012 at 18:42 | Source: Financial Times
WASHINGTON -- As Mitt Romney campaigned across Ohio during the Republican primary, there was a sense that his message of adding a private-sector touch to national politics was finally resonating among voters. The former Massachusetts governor ...
May 2, 2012 at 04:21 | Source: Huffington Post
Swiss bank Julius Baer was also keen to bid for some of BofA's units in Europe, the Middle East, Latin America and Asia excluding Japan, the sources, who had knowledge of the matter, told Reuters. It was not clear whether Switzerland's third ...
May 17, 2012 at 10:44 | Source: Reuters
Swiss bank accounts belonging to former head of Bank of Moscow Andrei Borodin were frozen by local law enforcement authorities, state media reported Saturday. Russia is seeking the extradition of Borodin on a series of criminal charges. The banker left the ...
May 13, 2012 at 12:14 | Source: Moscow Times
However, a finance ministry spokesman told Dow Jones Newswires that there are no official estimates by the ministry on the amount of undeclared funds in Swiss bank accounts. Focus said that according to the ministry some of the funds have ...
May 25, 2012 at 13:48 | Source: FOXBusiness
A number of countries have sought to reach deals in recent years to tax assets stashed in Swiss bank accounts. Germany and Switzerland signed a tax deal last month that is expected to generate billions of euros of tax revenues for Germany and ...
May 25, 2012 at 12:22 | Source: NASDAQ