WASHINGTON — Banking giant UBS has agreed to pay $780 million and turn over once-secret Swiss banking records to settle allegations it conspired to defraud the U.S. government of taxes owed by ...
The ACP, the Bank of France's regulatory arm, had been alerted to the parallel accounts that ran between 2002 and 2007. They were not declared in France. The investigating magistrates handling the UBS ...
The spotlight is shining on Swiss banks and offshore investment accounts. The strategy of wealthy Americans moving assets overseas in search of safety and stability in uncertain times is back in vogue ...
Yielding to IRS arm-twisting, the Swiss bank UBS is set to relinquish two extremely valuable assets: the names of 4,450 American clients accused of tax evasion, and Switzerland's reputation for ...
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