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US, Swiss govts agree to negotiate UBS case

The US and the Swiss governments have agreed to negotiate issues related to the US litigation seeking information about the banking major UBS's clients. The latest turn to the case comes just days......

UBS not to disclose client details to US

In a fresh turn to the UBS' legal battle with the US tax authorities, the Swiss government has said that the country's law prohibits the bank from disclosing details about the account holders. The......

Securities in Swiss banks at $3.35 trillion!

At a time when crackdown on tax havens has acquired a political colour, data shows that Swiss banks held securities worth $3.35 trillion in 2008, with over half managed on behalf of foreign......

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