swiss bank

A recent report by the Swiss bank regulator shows just how it had been blindsided by a bank that it had once considered saintly.

A major Swiss bank has agreed to turn over information on thousands of accounts targeted by the United States for possible tax evasion.

UBS, the Swiss bank, this week said most of the $42bn the bank has lost as a result of the subprime meltdown was booked in the US.

However, the Swiss bank's share price soared after it confirmed it had secured underwriting for a SFr15 billion ($15 billion) rights issue.

UBS struggled, as the Swiss bank confirmed another hefty loss and continued to lose clients.

Mr. Wilmot-Sitwell is now UBS's second group board member to be based in Asia, underscoring the region's importance to the Swiss bank.

Payments like that, the cable said, typically were bribes that "ended up in Swiss bank accounts. "

A recent study by economists at UBS, a Swiss bank, suggested that the costs in each of these eventualities would be forbiddingly high.

A spokesman for the Swiss bank said the claims were "without merit" .

Swiss bank UBS said it had seen strong physical buying in Asia, particularly No. 1 bullion consumer India, on Monday.

Mr. Duvalier has about $6 million in Swiss bank accounts. The money was frozen after he was ousted in a uprising in 1986.

Swiss bank Credit Suisse Group AG, among the few to announce its commodities revenue, last week reported a 42% drop.

UBS, the big Swiss bank, has published a dress code for some of its employees.

Nomura is also planning to wrest U. S. market share from Swiss bank UBS AG losing clients in the wake of a U. S. tax probe.

To be sure, other banks see the potential of growing revenues in Asia and have been poaching staff from the Swiss bank.

Switzerland has agreed in principle to tax Swiss bank accounts held by British investors and remit the proceeds to the UK government.

The Swiss bank said that, based on its latest estimates, it was "unlikely to be profitable in the first quarter. "

It follows a recent advertising campaign aimed at re-establishing confidence in the Swiss bank's brand and mending relations with clients.

The news ratchets up the pressure on Swiss bank secrecy.

More than 150 US customers of the Swiss bank UBS are being "criminally investigated" on suspicion of tax avoidance, court documents say.

It made disastrous investments in the late 1990s, including in LTCM, and was taken over, in tatters, by Swiss Bank Corp.

The sixth, seventh, eighth largest shareholders of Swiss Bank, the Asian Development Bank and Mitsubishi Bank.

Grabbing a valise of Swiss bank books, Arroyo made for the rear door and his ever-ready Lear jet.

Credit Suisse Group AG has warned its staff that the Swiss bank might trim 75 positions from its London office.

The Swiss bank earlier this year reached a settlement with American authorities over "secret" accounts.

Credit Suisse limited gains after the Swiss bank posted profit and trading revenue that missed analysts' estimates.

But late yesterday, top UBS executives said that the Swiss bank had ruled out Mr Ackermann becoming chief executive.

Yet Goldman Sachs, often described as a giant hedge fund, prospered, while the supposedly conservative Swiss bank UBS stumbled.

Performance has returned and GAM, since sold to the Swiss bank Julius Baer, is again performing strongly.

Washington's legal battle with the Swiss bank is expected to elicit further concessions.

The Swiss bank has reorganised itself to ensure that businesses are more autonomous and are funded at market rates.

Net outflows of clients' cash slowed, but still hampered the Swiss bank's efforts to recover from huge losses.

A note by the Swiss bank addresses this and other questions about corporate governance in emerging markets.

In spite of the admission of senior management failure, Mr Ospel reiterated his intention to continue at the helm of the Swiss bank.

It is the second big Swiss bank to do so in two years.

He went on to become global head of fixed income at the Swiss bank.

Three forces are driving prices higher, says Karl Schweizer, head of art banking at UBS, a Swiss bank.

They take it as just one more confirmation of the leading Swiss bank.

One Swiss bank says it uses surplus international deposits to lend to Swiss customers.

And it undermines claims by the Swiss bank and the industry that such events are a thing of the past.

The Turkish prime minister has also threatened to sue over WikiLeak allegations that he has Swiss bank accounts.

Mr Dougan, currently head of investment banking, is the first American to head a top Swiss bank.

The Swiss government will be happy if we buy a lot of watches with the money recovered from Swiss bank.

Another Swiss bank, Credit Suisse, is also in the spotlight after a bond trader left under a cloud.

His family has agreed to turn over 21 million US dollars found in their Swiss bank accounts to the authorities.

That represents about 45% of its original $11 billion investment in the Swiss bank.

That was the unappealing choice facing UBS, a Swiss bank which has been badly hurt by the carnage in America's mortgage market.

Even before the recession, Swiss bank secrecy and low cantonal tax rates were under fire.

The Swiss Bank's plan to launder money skimmed from casinos was dead in the water.

Bank Syz - The Swiss bank dedicated to asset management could not be reached for comment.

Hence the stock phrase 'secret Swiss bank accounts.

Yet not every mansion-dweller feels rich (or has a Swiss bank account).

Some, such as Pictet & Cie, the Swiss bank, insist that their wealth managers offer only the funds of external fund managers.

He is alleged to have $8 billion stuffed in Swiss bank accounts.

Like making a large deposit in my name in a Swiss bank.

The details of some 5, 000 secret account holders will reportedly be handed over by the Swiss bank to the US tax authorities.

If only God would give me some clear sign! Like making a large deposit in my name in a Swiss bank.

Like making a large deposit in my name at a Swiss bank.

The Swiss bank is also considering allowing investors to buy stakes in the same portfolio of leveraged loans and mortgage securities.

PostFinance, the Swiss bank, did close Assange's account.

" The man thought about his first wish and decided, " I think I want 1 million dollars transferred to a Swiss bank account.

The Swiss bank also appointed Sergio Ermotti as chief executive (after some speculation that Mr Ackermann would get the job).

The Swiss bank now counts 35 per cent of the world's billionaires among its clients, up from 25 per cent three years ago.

Jamey's email shows a $1 million wire transfer to Gaines from a Swiss bank account.

The total will approach 19, 000km by 2014, according to analysts at UBS, a Swiss bank (see map).

It is thought that he was paid via a Swiss bank account.

S. has information on the Swiss bank holdings of 5, 000 Chinese officials?

The decision follows allegations that a rogue trader at the Swiss bank recorded a loss of perhaps $2. 3 billion.

I don't have a Swiss bank account.

allegedly used American, Caribbean and Swiss bank accounts of bogus corporation to siphon money he was supposed to be investing

Swiss Bank to Turn Over Account Data to US Authorities

Swiss Bank Relying on Integration Skills of Ingersoll Rand Security Technologies

Der Fall Moonstone Trust - Cayman Islands Swiss bank trust exposed