Swiss-Banks - Latest News on Swiss-Banks | Read Breaking News on Zee News

Swiss stock exchange opens probe into UBS statements

Last Updated: Thursday, October 24, 2013, 18:55

The operator of the Swiss stock exchange said Thursday it had opened an investigation into the country's largest bank, UBS, which is suspected of violating financial reporting rules.

Swiss strike a second blow against bank secrecy

Last Updated: Wednesday, October 16, 2013, 21:26

Switzerland will cooperate more closely on fighting money laundering, officials said on Wednesday, marking a further loosening of bank secrecy a day after the country signed an accord to fight tax evasion.