DUBAI/ZURICH: Saudi Arabia has announced it will confiscate money and assets held by dozens of top officials and businessmen detained in an anti-corruption...
LONDON/ZURICH: The leap in assets at Credit Suisse’s private bank to a record high this year has been aided by a key plank of the bank’s new strategy: lending...
ZURICH: U.S. central banker John Williams said Friday he does not expect any market turbulence as the Fed gets underway with reducing the huge balance sheet...
ZURICH: A steady stream of new money from the world’s wealthiest citizens drove up quarterly profits at Credit Suisse and UBS as they benefited from...
BERN: Switzerland, a perennial target for governments pursuing tax evaders, is finding out what it is like to chase down hidden cash. The Swiss Finance...
LONDON: Switzerland’s private bankers fear cash-strapped Latin American countries pursuing billions of dollars in unpaid taxes will push the region’s wealthy...
BERN/GENEVA: Swiss banks must clamp down on money laundering, the country’s financial watchdog said Thursday as the Geneva prosecutor opened a criminal probe...
ZURICH/BERN: Former FIFA executive committee member Chuck Blazer, a key figure in a U.S. investigation into corruption by soccer officials, on Thursday was...
ZURICH: Switzerland’s private banks are close to ridding themselves of undeclared European accounts, a salutary process but one which has undermined efforts...
ZURICH: Switzerland's Office of the Attorney General said soccer's governing body FIFA had handed over more IT data Wednesday, including, according to one...
ZURICH: “Swiss Made” has traditionally stood for quality, precision and reliability. But after a shock move to scrap the cap on the franc, it could convey a...
ZURICH: Switzerland has charged a former computer analyst at HSBC’s private bank in Geneva with industrial espionage and breaching the country’s secrecy laws...
ZURICH: Switzerland has charged a former computer analyst at HSBC's private bank in Geneva with industrial espionage and breaching the country's...
LONDON/ZURICH: Regulators fined five major banks $3.4 billion for failing to stop traders from trying to manipulate the foreign exchange market, the first...
BASEL Switzerland/LONDON: Global regulators Monday proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender...
LONDON: Europe’s largest banks cut their staff by another 3.5 percent last year, and the prospect of a return to pre-crisis employment levels seems far off,...
LONDON: Veteran British folk singer Roy Harper has been charged with sexually abusing a girl for two years in the 1970s, starting when she was under 13 years...