Diabytes
Swiss banking News
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Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme, legal sources told AFP on Monday.
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Switzerland`s second-biggest bank said on Wednesday it would shave a further 800 million Swiss francs ($821 million) off costs and cut 2,000 more jobs from its Global Markets division.
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Swiss banking giant UBS said Wednesday that the US Department of Justice had dropped charges against it after a probe into currency rigging.
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A cache of secret bank files shows that HSBC`s Swiss banking arm helped wealthy customers avoid taxes and hide millions of dollars, according to a report by a network of investigative journalists released Sunday.
Swiss banking giant Credit Suisse can be prosecuted for its role in the US housing finance meltdown, according to a court decision, which dismissed the company`s bid to halt a suit.
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