Archive – Banking & Fintech

UBS France put under formal investigation

This content was published on Jun 1, 2013 UBS France is being investigated by the French judiciary on whether it offered potential French clients investments that were allegedly designed to evade taxes. Three UBS France executives have already been put under investigation, which means under French law there is serious or consistent evidence pointing to implication of a suspect in a crime. The…

Swiss hesitate over tax accord

This content was published on May 30, 2013 However, the Swiss government will think about joining, he said. The agreement drawn up by the Organisation of Economic Co-operation and Development (OECD) provides for the automatic exchange of information between states in tax matters. It was signed by a further 12 countries on Wednesday. Among the latest signatories are Austria, Luxembourg and Singapore, all…

Minister wants to remove tax evader ‘shield’

This content was published on May 30, 2013 False accounting is potentially tax fraud, she told the media on Thursday, while repeatedly failing to declare income is considered tax evasion. “There is no logical difference,” she told journalists in Bern on Thursday. Widmer-Schlumpf said the aim of the revision was an efficient tax penal law with high legal certainty that would also have…

The US-Swiss bank deal, around the Web

This content was published on May 30, 2013

Swiss named runners-up in competitiveness study

This content was published on May 30, 2013 This is Switzerland’s best ever performance, placing the country behind only the United States, which has regained the top spot. In addition to Switzerland, the top ten featured two other European countries: Sweden (four) and Germany (nine). The study, now in its 25th year, said these countries have very diversified economies whose success relies strongly…

Swiss announce US deal to end tax evasion saga

This content was published on May 29, 2013 Banks will remain banned from passing on client names or account details under the deal, but they could reveal a trail of data leading to US tax dodgers with undeclared assets hidden in Switzerland. Parliament will be asked to vote in favour of the long-awaited bill in June. Swiss Finance Minister Eveline Widmer-Schlumpf said the…

US requests bank data from Julius Baer

This content was published on May 28, 2013 The US request for administrative assistance was made to the Swiss authorities under the terms of an existing double taxation agreement. Julius Baer has confirmed that it is the third Swiss bank to be targeted by the US in such a way following earlier requests for data relating to UBS and Credit Suisse clients. Switzerland…

Women increase presence in boardrooms

This content was published on May 27, 2013 The eighth such report said that up until now women had been “seriously underrepresented” in management positions in Switzerland, where women didn’t get the vote until 1971, but “finally, the situation appears to be changing”. Particular progress had been made, it said, among the 20 companies on the Swiss Market Index (SMI), where last year…

European Free Trade Association (EFTA)

This content was published on May 26, 2013 The European Free Trade Association, of which Switzerland is a member, is an intergovernmental organisation which promotes free trade and the strengthening of economic relations. Its other members are Iceland, Liechtenstein and Norway. Founded in 1960 and based in Geneva, EFTA has free trade accords with several countries. Apart from Switzerland, the other EFTA members are…

Keeping a printing tradition alive

This content was published on May 18, 2013 Once upon a time card tickets were one of most popular collector’s items for children, travelling by train or bus with their parents. Today, most tickets are printed by computer or appear digitally on a Smartphone or Tablet. The smell of printing ink fills the air at Aeschbacher, where visitors travel back in time to…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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UBS France put under formal investigation

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Swiss hesitate over tax accord

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Minister wants to remove tax evader ‘shield’

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The US-Swiss bank deal, around the Web

More

Swiss named runners-up in competitiveness study

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Swiss announce US deal to end tax evasion saga

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US requests bank data from Julius Baer

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Women increase presence in boardrooms

More

European Free Trade Association (EFTA)

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Keeping a printing tradition alive

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