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UBS AG

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  • Swiss bankers say shielding U.S. money from taxes is 'mistake'

    Swiss bankers say shielding U.S. money from taxes is 'mistake'
    WASHINGTON — Credit Suisse executives admitted that the giant Swiss bank helped Americans shield as much as $12 billion from taxes and even acknowledged the practice was a "mistake" and "unacceptable."
  • Credit Suisse CEO says aiding U.S. tax evasion is 'unacceptable'

    Credit Suisse CEO says aiding U.S. tax evasion is 'unacceptable'
    WASHINGTON -- The chief executive of Credit Suisse told U.S. senators Wednesday it was "unacceptable" for Swiss banks to help Americans evade U.S. taxes and he regrets some of the firm's employees did so in the past. "We deeply regret that -- despite...

    Senate probe accuses Swiss bank of helping rich Americans evade taxes

     Senate probe accuses Swiss bank of helping rich Americans evade taxes
    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate "cloak and dagger" methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets from U.S....

    Senate probe accuses Swiss bank of helping rich Americans evade taxes

    Senate probe accuses Swiss bank of helping rich Americans evade taxes
    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate “cloak-and-dagger” methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets...

    Beanie Babies creator wants probation, not prison, for tax evasion

    Beanie Babies creator wants probation, not prison, for tax evasion
    H. Ty Warner, the billionaire creator of the popular Beanie Babies toys, is urging a federal judge to sentence him to probation for tax evasion. The 69-year-old tycoon pleaded guilty to a single count of felony tax evasion in October, acknowledging that...