World Feb 15

HSBC publishes apology for tax dodge scandal

Britain’s largest bank, HSBC, published a full-page apology letter in several U.K. newspapers Sunday, following allegations that the company’s Swiss private banking arm helped clients dodge taxes and conceal millions of dollars of assets.

Economy Aug 19

No image
UBS to Surrender 4,450 Client Names to IRS

UBS AG, Switzerland's largest bank, will provide the names of some 4,450 account holders to the U.S. Internal Revenue Service as part of a tax-evasion settlement reached between the two countries' governments.

Latest News