Posts Tagged ‘international finances’

UBS AG: Swiss banks under pressure

by Associated Press Published: March 12,2010

Tags: banking and finance, international finances, regulations

GENEVA — Embattled UBS AG has warned that Switzerland’s financial industry is at risk unless lawmakers approve a tax treaty with the United States, and that other Swiss banks may be next to face pressure from U.S. regulators. In a letter to parliamentarians, the banking giant said the U.S. Internal Revenue Service has collected information […] [...]

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