Posts Tagged ‘UBS’
US, UBS Seek Court Delay; May Settle Tax Fight
Posted by: Blog yOur Mind on: July 13, 2009
Reuters – Monday, July 13
* Parties seek delay of trial due to start Monday morning
* Tell judge they want to continue talks
* Case seen as biggest challenge yet to Swiss bank secrecy
* Thousands of suspected US tax dodgers may be identified
By Tom Brown
MIAMI, July 12 – The U.S. government and UBS AG asked a federal [...]
UBS introduces worldwide ban in wealth management
Posted by: Blog yOur Mind on: April 6, 2009
Reuters – Monday, April 6
ZURICH – Switzerland’s UBS <UBS.N><UBSN.VX>, the world’s largest wealth management company in terms of assets, has issued a worldwide travel ban for wealth management client advisors, a spokeswoman said.
UBS could face US trial over client names: report
Posted by: Blog yOur Mind on: February 24, 2009
Reuters – 2 hours 58 minutes ago
ZURICH – UBS AG <UBSN.VX> <UBS.N> may face a mini-trial in a U.S. court in July as it fights efforts to force it to disclose the names of 52,000 U.S. clients suspected of offshore tax evasion, the New York Times reported on Tuesday.
UBS, the world’s largest banker to the [...]
Swiss bank UBS loses $7.57 billions in Q4
Posted by: Blog yOur Mind on: February 11, 2009
By ERNST E. ABEGG, Associated Press Writer – 22 mins ago
ZURICH – Swiss bank UBS AG said Tuesday it made a bigger than expected loss of 8.1 billion Swiss francs ($7.57 billion) in the fourth quarter and would cut some 2,700 jobs to refocus on its home market.
The loss was bigger than analyst estimates, which [...]
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