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Swiss committee says parliament should ditch debate on U.S. tax deal
ReutersBERN/ZURICH, June 13 (Reuters) - A Swiss parliamentary committee said on Thursday that lower house lawmakers should decline to debate a bill which would allow banks to sidestep strict secrecy laws and pass information to U.S. authorities. Switzerland has...Tags: Justice System, HSBC Holdings plc, Politics, Prosecution, Lower House
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Commodity funds mostly in red in gloomy first half year
ReutersNEW YORK (Reuters) - Commodity funds with combined assets of about $10 billion are heading for the half-year mark with losses, with some hoping that improving market fundamentals will overpower worries over global growth and stimulus measures in the...Tags: Central Bank, Federal Reserve, Finance, Economy, Business and Finance, Goldman Sachs Group, Inc.
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Swiss upper chamber approves U.S. tax deal
ReutersZURICH, June 12 (Reuters) - The Swiss upper house of parliament backed on Wednesday a bill that would let Swiss banks hand over information to the U.S. authorities to help settle a dispute on tax evasion. After U.S. action over tax evasion led to the...Tags: Crime, Law and Justice, Justice System, Prosecution, Blackmail and Extortion
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Swiss-US tax deal clears first hurdle in upper house
ReutersZURICH, June 12 (Reuters) - Swiss lawmakers agreed on Wednesday to consider a bill that would let the country's banks sidestep strict secrecy laws to end a long-running United States tax probe, rejecting calls for the legislation to be killed. Five...Tags: Crime, Law and Justice, Politics, Zurich (Swiss Confederation), Upper House, Parliament
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ON THE MOVE-Morgan Stanley hires advisers from Wells, UBS
ReutersJune 11 (Reuters) - Morgan Stanley Wealth Management, the largest U.S. brokerage, has expanded its footprint with a veteran adviser from Wells Fargo Advisors and a team from UBS Wealth Management Americas. In New Jersey, adviser Arthur Levine joined...Tags: Wells Fargo & Co., Morgan Stanley Dean Witter & Company, Ridgewood, Bank of America Corp.
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TIMELINE-U.S.-Swiss tax dispute escalates over four years
Reuters* Committee votes 7-6 to reject bill * Both chambers set to vote on bill in coming days BERN/ZURICH, June 11 (Reuters) - Switzerland's upper house of parliament votes on Wednesday on a bill that would let Swiss banks hand over information to help U.S....Tags: HSBC Holdings plc, Justice System, Politics, National Government, Upper House
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Swiss-U.S. tax spat goes to wire after parliament setback
ReutersZURICH (Reuters) - A Swiss government plan to protect the country's banks from U.S. criminal charges has been thrown into doubt by a Swiss parliamentary committee's rejection of the proposed bill on Tuesday. Lawmakers are deeply divided over the plan...Tags: Lawyers, Justice System, Data Protection, Politics, Prosecution
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NEWSMAKER-Feisty Swiss minister shakes up secretive banks
Reuters* Widmer-Schlumpf ejected from powerful SVP * Demonised in SVP campaign to maintain bank secrecy * Dubbed "The Unwavering One", she highlights Swiss conservatism * Popular bridge-builder prepares Swiss banks for new reality By Emma Thomasson ZURICH,...Tags: Angela Merkel, Elections, Politics, Finance, Parliament
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Bank of America Merrill Lynch, JP Morgan top Extel awards
ReutersBy Clare Hutchison LONDON, June 10 (Reuters) - Bank of America Merrill Lynch scooped the prize as top pan-European equity brokerage at the annual Thomson Reuters Extel Awards on Monday, ending UBS's 12-year winning streak. JP Morgan Asset Management was...Tags: Academy Awards, Banking, Vodafone Group Plc, Guild Hall, Thomson Corporation
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Dollar rebounds as U.S. jobs data shows economic resilience
ReutersNEW YORK (Reuters) - The dollar on Friday recouped sharp losses posted the previous session after a government report showed reasonably healthy U.S. job creation in May, renewing expectations the Federal Reserve might scale back its massive asset...Tags: Economy, Tampa, Stamford, Labor Day, Non Ferrous Metal
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Swiss must meet U.S. 'diktat' over tax: Ackermann
ReutersGENEVA (Reuters) - Switzerland has no choice but to bow to a U.S. ultimatum and sidestep its banking secrecy laws to end an investigation into how Swiss banks helped wealthy Americans to evade taxes, former Deutsche Bank head Josef Ackermann said. The...Tags: HSBC Holdings plc, European Union, Politics, Finance, National Government
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REUTERS SUMMIT-UBS doesn't want to hive off investment bank
ReutersBy Katharina Bart and Edward Taylor GENEVA, June 3 (Reuters) - UBS's private banking head hit back against a shareholder's call to hive off the investment bank, saying the units work together to serve wealthy private clients. Knight Vinke, a shareholder...Tags: Banking, Investment Service, Investments, Business Enterprises
Jun 13, 2013
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Jun 13, 2013
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Jun 12, 2013
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Jun 11, 2013
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Jun 11, 2013
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Jun 11, 2013
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Jun 10, 2013
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Jun 7, 2013
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Jun 3, 2013
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Jun 3, 2013
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