Swiss Bank
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UK Top Court Gives Landmark Verdict In Ex-UBS Banker's Divorce Case
Clive Standish, the Swiss bank's chief financial officer from 2004 until 2007, last year successfully challenged his ex-wife Anna Standish's original 45 million-pound ($62 million) award from what was then a 133 million-pound estate.
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India, US, China Record Lower Swiss Bank Deposits Over 10 Years
Deposits of Indian customers in Swiss banks have declined by around 18 per cent over the past decade, according to the latest figures released by the Swiss National Bank.
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Indian Money In Swiss Banks Triples On Banking Funds, Highest Since 2021
Indian money parked in Swiss banks more than tripled in 2024 to 3.5 billion Swiss francs on the back of a huge jump in funds held through local branches and financial institutions, annual data released by Switzerland's central bank showed.
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Billionaires' Wealth More Than Doubles In 10 Years: Swiss Bank UBS
Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest.
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Indians' Funds In Swiss Banks Plunge 70% To Hit 4-Year Low
Funds parked by Indian individuals and firms in Swiss banks, including through local branches and other financial institutions, fell sharply by 70 per cent in 2023 to a four-year low of 1.04 billion Swiss Francs.
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Swiss Shut Down 'Fake' E-Coin In Latest Cryptocurrency Crackdown
The move by the FINMA watchdog comes on the heels of Chinese authorities' ordering Beijing-based cryptocurrency exchanges to stop trading and immediately notify users of their closure.
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India To Get Info On Swiss Bank Accounts From September 2019
India will start getting financial information of accounts held by Indians in Swiss banks on automatic basis from September 2019, a move that will help fight the menace of black money stashed abroad.
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Switzerland, India Enter Data Exchange Pact Over Black Money Details
The deal will open a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks.
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No More Secrets: Swiss Banks Learn to Shape Up, Not Shut Up
To try and compensate for the hundreds of billions of Swiss francs withdrawn in the wake of the tax probes, banks that once relied on word-of-mouth referral have brushed up their sales pitches and hit the road to attract new clients, particularly in Asia, the world's fastest production line for multi-millionaires and billionaires.
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Rupee Third on Fake Foreign Currency List in Switzerland
As a debate continues on alleged black money of Indians in Swiss banks, the authorities in Switzerland have come across a significant quantum of fake Indian rupee notes in their country - the third highest for any foreign currency after euro and dollar.
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Unearth Black Money at Home Too: Arun Jaitley to Taxmen
As government makes effort to bring illicit money stashed abroad, Finance Minister Arun Jaitley on Monday asked the Income Tax Department to focus its effort on unearthing 'quite large' black money within the country as well.
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Black Money: OECD Unveils Automatic Information Exchange Framework
a major development in the fight against black money, the Organisation for Economic Co-operation and Development (OECD) on Monday unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
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Swiss Private Bank Releases First-ever Results
Geneva's Bank Pictet opens the way with an unprecedented release of its first-half results, followed on Thursday by crosstown rival Lombard Odier.
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Foreign Clients Move Rs 25 Lakh Crore Away From Swiss Banks: Report
As India steps up its pressure on Switzerland in its black money pursuit, foreign client funds worth 350 billion Swiss francs (nearly Rs 25 lakh crore) have left Swiss banks in the past six years.
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Indians' Money In Swiss Banks Rises To 14-Year High; 50% Jump
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021.
-
UK Top Court Gives Landmark Verdict In Ex-UBS Banker's Divorce Case
Clive Standish, the Swiss bank's chief financial officer from 2004 until 2007, last year successfully challenged his ex-wife Anna Standish's original 45 million-pound ($62 million) award from what was then a 133 million-pound estate.
-
India, US, China Record Lower Swiss Bank Deposits Over 10 Years
Deposits of Indian customers in Swiss banks have declined by around 18 per cent over the past decade, according to the latest figures released by the Swiss National Bank.
-
Indian Money In Swiss Banks Triples On Banking Funds, Highest Since 2021
Indian money parked in Swiss banks more than tripled in 2024 to 3.5 billion Swiss francs on the back of a huge jump in funds held through local branches and financial institutions, annual data released by Switzerland's central bank showed.
-
Billionaires' Wealth More Than Doubles In 10 Years: Swiss Bank UBS
Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest.
-
Indians' Funds In Swiss Banks Plunge 70% To Hit 4-Year Low
Funds parked by Indian individuals and firms in Swiss banks, including through local branches and other financial institutions, fell sharply by 70 per cent in 2023 to a four-year low of 1.04 billion Swiss Francs.
-
Swiss Shut Down 'Fake' E-Coin In Latest Cryptocurrency Crackdown
The move by the FINMA watchdog comes on the heels of Chinese authorities' ordering Beijing-based cryptocurrency exchanges to stop trading and immediately notify users of their closure.
-
India To Get Info On Swiss Bank Accounts From September 2019
India will start getting financial information of accounts held by Indians in Swiss banks on automatic basis from September 2019, a move that will help fight the menace of black money stashed abroad.
-
Switzerland, India Enter Data Exchange Pact Over Black Money Details
The deal will open a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks.
-
No More Secrets: Swiss Banks Learn to Shape Up, Not Shut Up
To try and compensate for the hundreds of billions of Swiss francs withdrawn in the wake of the tax probes, banks that once relied on word-of-mouth referral have brushed up their sales pitches and hit the road to attract new clients, particularly in Asia, the world's fastest production line for multi-millionaires and billionaires.
-
Rupee Third on Fake Foreign Currency List in Switzerland
As a debate continues on alleged black money of Indians in Swiss banks, the authorities in Switzerland have come across a significant quantum of fake Indian rupee notes in their country - the third highest for any foreign currency after euro and dollar.
-
Unearth Black Money at Home Too: Arun Jaitley to Taxmen
As government makes effort to bring illicit money stashed abroad, Finance Minister Arun Jaitley on Monday asked the Income Tax Department to focus its effort on unearthing 'quite large' black money within the country as well.
-
Black Money: OECD Unveils Automatic Information Exchange Framework
a major development in the fight against black money, the Organisation for Economic Co-operation and Development (OECD) on Monday unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
-
Swiss Private Bank Releases First-ever Results
Geneva's Bank Pictet opens the way with an unprecedented release of its first-half results, followed on Thursday by crosstown rival Lombard Odier.
-
Foreign Clients Move Rs 25 Lakh Crore Away From Swiss Banks: Report
As India steps up its pressure on Switzerland in its black money pursuit, foreign client funds worth 350 billion Swiss francs (nearly Rs 25 lakh crore) have left Swiss banks in the past six years.
-
Indians' Money In Swiss Banks Rises To 14-Year High; 50% Jump
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021.
