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Swiss banks give German clients an ultimatum

This content was published on Apr 6, 2013 Credit Suisse and the private Julius Baer bank confirmed to the Swiss News Agency reports in Saturday’s Tages-Anzeiger and Der Bund newspapers that they had written to their German clients asking them to provide documents to prove that they had declared their holdings. “We are advising our German clients to look at their situation and…

Government keeps mum, banks play defense

This content was published on Apr 5, 2013 The government’s passivity could have to do with the fact that Switzerland was only minimally impacted by the revelations in the grand scheme of things, as the State Secretariat for International Financial Matters (SIF) stated on Friday. SIF, which is attached to the finance ministry, also said the leaks confirm that Swiss financial policies are…

The #offshoreleaks Web chatter

This content was published on Apr 5, 2013

Tax paradise lost

This content was published on Apr 5, 2013 “The baroness, the playboy and her discreet lawyers” might sound like something by Rosamunde Pilcher, but it was the title of a full-page article in Zurich’s Tages-Anzeiger explaining how Switzerland helped people like former beauty queen turned euroroyal Baroness Carmen Thyssen-Bornemisza place their money in tax shelters. Another name that popped up in the paper…

Naming & shaming

This content was published on Apr 4, 2013 The media were treated this week to the appetizer of former French budget minister Jérôme Cahuzac finally admitting to his secret Swiss bank account stash. But an outpouring of names from a new source is putting the spotlight on many more prominent personalities. As far as Switzerland is concerned, the name of German photographer, playboy and heir…

Scratching the surface

This content was published on Apr 4, 2013 “This is the biggest exposé so far into the offshore system, but it represents merely a glimpse of the overall picture,” Berne Declaration spokesman Andreas Missbach told swissinfo.ch. “It provides details of two service providers [in Singapore and the British Virgin Islands], but there are hundreds out there.” Whether this particular iceberg tip will be…

A drop in the ocean

This content was published on Apr 4, 2013 The fact is that Swiss entities represent just 0.05% of the global agents soon to be revealed as members of an international web of tax abuse. The Washington-based International Consortium of Investigative Journalists (ICIJ) has a 260 gigabyte haul of data implicating 122,000 trusts and other shady structures set up by 12,000 financial intermediaries in…

Navigating the global offshore money maze

This content was published on Apr 4, 2013

Wine industry savours Robert Parker acclaim

This content was published on Apr 4, 2013 This is not the first time that Swiss wine has received the plaudits of internationally renowned critics. But as prominent expert Hugh Johnson pointed out 30 years ago, the evidence of its quality rarely gets beyond Swiss frontiers since most of it is consumed at origin. In a 2008 seminal review, Financial Times wine critic…

Scientists hope to solve enigma of dark matter

This content was published on Apr 3, 2013 The Alpha Magnetic Spectrometer has found the first hint of dark matter, Samuel Ting, the leader of an international team of scientists, announced at the European Organization for Nuclear Research, or CERN, near Geneva on Wednesday. Dark matter, which has never been directly observed, is thought to help hold the cosmos together. Some 25 billion events…

Internal: Archive

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Internal: Archive

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Swiss banks give German clients an ultimatum

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Government keeps mum, banks play defense

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The #offshoreleaks Web chatter

More

Tax paradise lost

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Naming & shaming

More

Scratching the surface

More

A drop in the ocean

More

Navigating the global offshore money maze

More

Wine industry savours Robert Parker acclaim

More

Scientists hope to solve enigma of dark matter

Popular Stories

Most Discussed