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Libyan protesters target Swiss banks over Gadafy arrest

Libya should withdraw deposits in Swiss banks if the Swiss government fails to apologise for the arrest of a son of Libyan leader Muammar Gadafy, an influential Libyan political group said yesterday.

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Libyan protesters target Swiss banks over Gadafy arrest

Libya should withdraw deposits in Swiss banks if the Swiss government fails to apologise for the arrest of a son of Libyan leader Muammar Gadafy, an influential Libyan political group said yesterday.

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Is India poor, who says? Ask Swiss banks

---Quote--- With personal account deposit bank of $1500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country's foreign debt, one needs to rethink if India is a poor country'. DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum...

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Swiss bank obtains regulatory licence in Bahrain

Switzerland & Bahrain (GenevaLunch) - The Swiss private Bank Sarasin & Co. Ltd, has received an Investment Business Licence by...

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Computer Sciences gets $33 million bank IT pact

Computer Sciences Corp. said Tuesday that it extended its information technology services contract with Swiss bank Zuger Kantonalbank for seven years, under a $33 million contract.

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UBS Closes Fancy Swiss Bank Accounts For American Tax Evaders [UBS]

Recently, we told you that Senator Levin recommended that the UBS not patronize American citizens who are trying to evade taxes. His wish has come true—UBS has announced plans to close the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Swiss banks fail to secure a foothold in Islamic Finance

Switzerland’s UBS recently announced the vast expansion of its presence in the Middle East, applying for banking licences in Saudi Arabia and Qatar. Despite this, however, when it comes to Islamic Finance the ‘treasury of the world’ lags far behind financial institutions in the UK. Middle East: 6 hours, 58 minutes ago Only one Shariah-compliant ETF is [...]

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Blast from the past returns to UBS

Luqman Arnold, founder of the investment firm Olivant, is back to shake things up at UBS as an activist investor, seven years after his brief stint as president of the Swiss bank

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Rich American Tax Cheats Fractal at 18,000

It seems tax cheats like to congregate in large numbers, approximately 18,000. Whether individuals or corporations, the magic number repeated itself in two reports. A magic initial could also be found, the letter "U". UBS, the huge Swiss bank, helped 18,000 Americans avoid paying taxes. Upland House, a building in the Cayman Islands, houses 18,000 offshore corporations. WebCPA reported...

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NY sues UBS, alleges auction-rate fraud

(NEW YORK) New York State sued UBS AG on Thursday, accusing the Swiss bank of committing a 'multi-billion dollar fraud' by steering broker clients into auction-rate securities that became impossible to sell once the credit market tightened.

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UBS sued by Cuomo for securities fraud

New York state Attorney General Andrew Cuomo has launched a multi-billion dollar securities fraud lawsuit against UBS charging the Swiss bank with falsely selling auction-rate securities as safe, highly liquid, and cash-equivalent securities.

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UBS hit with multi-billion dollar securities fraud suit

New York state Attorney General Andrew Cuomo has launched a multi-billion dollar securities fraud lawsuit against UBS AG charging the Swiss bank with falsely selling auction-rate securities as safe, highly liquid, and cash-equivalent securities.

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New York sues UBS, alleges auction-rate fraud

NEW YORK (Reuters) - New York State sued UBS AG on Thursday, accusing the Swiss bank of committing a “multi-billion dollar fraud” by steering broker clients into auction-rate securities that became impossible to sell once the credit market tightened.

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At Troubled UBS, a Homecoming of Sorts

After some initial resistance, Peter Kurer, chairman of the troubled Swiss bank UBS, had agreed to meet Luqman Arnold, who had just acquired a minority stake in UBS and was publicly pushing for major changes, including the replacement of Mr. Kurer. During the meeting, which took place this year at the UBS headquarters in Zurich, Mr. [...]

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New York sues UBS on auction-rate fraud

Swiss bank accused of deceptively selling auction-rate securities. 25 Jul 2008 4:42 AM