UBS gives data on rivals in US tax probe
<p><a href="http://uk.news.yahoo.com/ubs-gives-data-rivals-us-tax-probe-071238758.html"><img src="http://l.yimg.com/bt/api/res/1.2/Qdrr22UQW6B5VkBnejiieA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_GB/News/AFP/photo_1328771454475-1-0.jpg" width="130" height="86" alt="UBS was forced to hand over about 4,000 files of suspected tax cheats" align="left" title="UBS was forced to hand over about 4,000 files of suspected tax cheats" border="0" /></a>Swiss banking giant UBS has handed over to US tax authorities data indicating which of the bank's rivals took on its American clients following a probe, it was reported on Thursday.</p><br clear="all"/>
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- Gupta jury hears competing views of... 1 hours ago
NEW YORK (Reuters) - Former Goldman Sachs director Rajat Gupta was once on hedge fund billionaire Raj Rajaratnam's "important people" list but excluded from a fantasy football celebration ...more
- North Sea oil, gas exploration interest... 1 hours ago
LONDON (Reuters) - Britain has seen unprecedented interest in developing North Sea oil and gas fields, with companies applying for a record 224 licences covering 418 blocks in its latest exploration round, the government said on Wednesday. Britain's 27th licensing round was launched in February and breaks the record for applications set in the previous round by 37. "There remains an extraordinary level of interest in North Sea oil and gas, and it is tremendous news for industry and for the UK economy... ...more
- Facebook IPO shows galactic divide between... 2 hours ago
NEW YORK (Reuters) - It's no surprise to anyone that big investors get preferential treatment on Wall Street. Investors expressed disappointment, scepticism and even shock on Tuesday after learning that an analyst at lead underwriter Morgan Stanley cut his Facebook revenue forecasts in the days before the company's initial public offering - information that apparently did not reach small investors before the stock went public and subsequently tumbled. The divide between the research and retail arms... ...more
- US regulators tell lawmakers of JPMorgan... 2 hours ago
Two US market regulators confirmed Tuesday they were investigating JPMorgan Chase's $2 billion-plus trading loss in derivatives. ...more
- Wall Street struggles to find Facebook... 3 hours ago
NEW YORK (Reuters) - In its three days of trading, Facebook's stock has dropped 18 percent from its $38 (24 pounds) issue price. For the thousands of investors that bought at the IPO, that's ...more
- JPMorgan exec seen in field as U.S.... 3 hours ago
ST. LOUIS, May 22 (Thomson Reuters Accelus) - A JPMorgan executive and former Treasury Department official is considered by industry sources to be a top candidate to replace the dismissed head of the department's anti-money laundering unit, at a time financial institutions face more demands from the fight against terrorism financing and drugs trafficking. ... ...more