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European tax probes are headache for Swiss banks
David Marchant
Posted: Wednesday, July 11, 2012 1:59 PM
Joined: 9/13/2007
Posts: 414


swissinfo.ch: More raids on UBS premises in France and a reported crackdown on Credit Suisse clients in Germany have tightened the screw on Swiss banks that are desperately trying to shake off tax evasion allegations.

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On Correspondent Bank Accounts ... the Achilles Heel of Offshore Banking
Dan Reeves
  If you blinked, you probably missed the news.  On January 29, 2013, a federal judge sitting in New York City authorized the IRS to issue a John Doe summons to UBS AG in Stamford, Connecticut for the correspondent bank records of Wegelin Bank of Switzerland and at least two other Swiss banks that nested their