Financial Regulatory Forum

U.S. files formal request for UBS client data

Reuters Staff
Aug 31, 2009 18:29 UTC
bank secrecy | swiss finance | Switzerland | tax evasion | UBS | USA

U.S. President Barack Obama (C) walks alongside his friend Eric Whitaker (R) as Robert Wolf, Chairman and CEO of UBS Group Americas (L), drives past in a cart as they play golf at Farm Neck Golf Course at Oak Bluffs on Martha's Vineyard, Massachusetts, August 24, 2009. REUTERS/Jason Reed ZURICH, Aug 31 (Reuters) – The United States has launched the formal process to get account details of 4,450 American clients of UBS suspected of tax evasion, the Swiss finance ministry said on Monday.

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Swiss, U.S. seen needing time to finish UBS tax deal

Reuters Staff
Jul 24, 2009 20:48 UTC
alan gold | bank secrecy | client confidence | hillary clinton | swiss bank | swiss finance | tax case | tax havens | tax litigation

UBS executive Mark Branson ZURICH, July 24 (Reuters) – Talks between Switzerland and the United States to end a tax row targeting UBS could stretch beyond an Aug. 3 deadline to allow more time for a detailed settlement, a source familiar with the situation said on Friday. (more…)

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