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Swiss banks News

Swiss banks News From AOL News

Rudolf Elmer: 5 Facts on the Swiss WikiLeaks Informant

By Steven HofferJan 19th 2011 – 1:37PM

Rudolf Elmer admits that he's made some "big mistakes." Among his legal missteps, Elmer supplied WikiLeaks with confidential documents on wealthy tax evaders. Zurich's Regional Court found the former Swiss banker guilty of that offense on Wednesday. Judge Sebastian Aeppli fined Elmer over 6,000 Swiss francs ($6,000),...

Swiss Sputter as Merkel Buys Stolen Bank Data

By William BostonFeb 2nd 2010 – 5:23PM
AP

AP

BERLIN (Feb. 2) – Angela Merkel is set to pay almost $3.5 million to a whistle-blower for a list of alleged German tax evaders stashing money in Swiss banks, but the German chancellor may be getting more than she bargained for. Germany's decision to purchase the list, allegedly stolen from a Swiss bank, has ignited...

Swiss banks News From AOL

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HUFFPOST HILL - Trayvon Martin: Congress Does Non-Binding Nothing

By Eliot Nelson Apr 09th 2012 - 05:56PM

David Axelrod made a semi-stale joke on Twitter, so don't be surprised if President Obama's top campaign guru starts tweeting Double Rainbow jokes soon.

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Philipp Hildebrand, Swiss Central Bank Chief, Profited From Dollar Trade Deals: Report

By The Huffington Post News Editors Jan 04th 2012 - 08:23AM

A Swiss political weekly says Swiss National Bank chief Philipp Hildebrand personally engaged in profitable currency deals previously thought to have been conducted by his wife, a claim that could increase the pressure on him to step down.

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George Osborne Announces New Treasury Tax Deal With Switzerland To Save £5bn

By Dina Rickman Aug 25th 2011 - 11:55AM

The Government has launched a crackdown on offshore tax, announcing an agreement with Switzerland to help claw-back billions in unpaid tax.

Background on Swiss banks

All banks in Switzerland are regulated by Swiss Financial Market Supervisory Authority (FINMA), which derives its authority from a series of federal statutes.

more at wikipedia »