IRS Drops Tax Case Against UBS and Swiss Government

by | Nov 17, 2010 | Towing

The IRS has stopped its investigation into tax evaders holding money in UBS accounts after reaching a settlement with the bank and the Swiss government.
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UBS, Credit Suisse Face Tougher Swiss Capital Rules

by | Oct 4, 2010 | Towing

UBS and Credit Suisse Group will have to almost double their capital holdings because Switzerland has set out to further tighten the reins on its megabanks, requiring them to hold capital well in excess of the new Basel III rul…