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'Working on getting back money from Swiss banks'

Prime Minister Manmohan Singh on Thursday said in Rajya Sabha that "action has already started" for getting back black money belonging to Indians from Swiss banks. His remark came after Prakash......

How Modigate has transformed the Modi sarkar into UPA III

The scandal surrounding Lalit Modi serves as a reminder for how similar our mainstream political parties are in resisting institutional reform.   Congress workers take out a protest rally......

No longer so secret, Swiss banks look to expand after purge

A global tax data sharing programme, which Switzerland is set to implement from 2018, could trigger a fresh round of outflows, especially from emerging market depositors.  Switzerland's......

Swiss banks' profit rises; staff count down

The number of staff working in banks decreased by 1,844 to 125,289. Under glare for being an alleged safe haven for illicit funds from across the world, Swiss banks saw their profits rise during......

Indian money in Swiss banks falls by over 10% to Rs 12,615 cr

Money held by Indians in Swiss banks fell by over 10 per cent last year to 1.8 billion Swiss franc (about Rs 12,615 crore), amid an enhanced clampdown against the famed secrecy wall of......

Swiss ups black money vigil as India threatens criminal action

India and some other nations threatening criminal proceedings over suspected black money in Swiss banks, the European nation has stepped up its supervisory and enforcement efforts to keep away......

Blackmoney: Swiss banks seek fresh undertakings from Indians

Seeking to come clean on illicit funds amid intense government pressure, Swiss banks have asked their Indian clients to provide fresh undertakings to ensure that untaxed money is not stashed in......

FIFA mess: Blatter hits back at Chung over 'corrupt' comments

Sepp Blatter leaves after his statement during a news conference at the FIFA headquarters in Zurich. Photograph: Ruben Sprich/Reuters Outgoing president Sepp Blatter hit back at Chung Mong-joon,......

More trouble for FIFA...Swiss authorities examine grants

A policeman stands in front of the FIFA headquarters. Photograph: Philipp Schmidli/Getty Images Swiss authorities are examining development grants made by FIFA around the world as part of their......

World anti-money laundering body deletes FIFA-related warning

'We don't have any direct evidence that financial institutions have done necessarily anything wrong' Swiss police officers stand in front of the entrance of the FIFA headquarters in Zurich.......

FIFA scandal: Banks did not do enough, says global agency

Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters A global group of government anti-money-laundering agencies said that financial......

FIFA's Blatter, Valcke hire top US lawyers for corruption probe

FIFA president Sepp Blatter and its secretary general Jerome Valcke have both hired high-powered US lawyers to represent them as a corruption probe roils soccer's global governing body.Blatter......
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Swiss banks urge Indian clients to disclose assets to avoid abetment

These banks are asking their Indian customers, including those having turned NRIs, to avail the ongoing 'one-time compliance' window provided by... ...

http://www.dnaindia.com/money/report-black-money-swiss-banks-urges-indian-clients-to-disclose-assets-to-avoid-abetment-2120098
Swiss National Bank's Thomas Jordan

SNB removed its cap on the franc at 1.20 to the euro, sending the currency soaring and putting a major strain on the export-dependent Swiss... ...

http://economictimes.feedsportal.com/c/33041/f/534034/s/4968aa02/sc/24/l/0Leconomictimes0Bindiatimes0N0Cnews0Cinternational0Cbusiness0Cswiss0Erates0Eto0Estay0Enegative0Efor0Esome0Etime0Eswiss0Enational0Ebanks0Ethomas0Ejordan0Carticleshow0C48730A2250Bcms/story01.htm
Swiss economy posts surprise Q2 growth of 0.2 per cent, avoids recession

Switzerland's economy unexpectedly grew in the second quarter to avoid a recession, indicating the impact of the central bank's removal of a... ...

http://economictimes.feedsportal.com/c/33041/f/534034/s/495d631d/sc/24/l/0Leconomictimes0Bindiatimes0N0Cnews0Cinternational0Cbusiness0Cswiss0Eeconomy0Eposts0Esurprise0Eq20Egrowth0Eof0E0A0E20Eper0Ecent0Eavoids0Erecession0Carticleshow0C4870A74790Bcms/story01.htm
Roshan Padamadan

The rupee will likely revisit its historic lows as countries across Asia allow their currencies to weaken in a war declared by China, says Roshan... ...

http://www.livemint.com/Companies/BZv3gwocnYZdWf9TElyvqK/Rupee-likely-to-revisit-historic-lows-Roshan-Padamadan.html
Weakened Euro Spurs U.S. Traveler Interest in Europe

When it comes to exchange rates, the timing has never been better for U.S. travelers crossing the pond to visit Europe. The Euro has seen recent... ...

http://www.travelandtourworld.com/news/article/weakened-euro-spurs-u-s-traveler-interest-in-europe/

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