11/29/2011

Swiss not aware of US accusation details - Pictet

Swiss banks need to know what the U.S. is accusing them of to be able to negotiate a solution, Nicolas Pictet, president of the Swiss private banking association and a managing partner at Pictet & Cie. told Aargauer Zeitung in an interview.

11/28/2011

Germany's Greens push for higher tax on rich

The Greens have been riding high in opinion polls and could be well-positioned to form a coalition with their preferred partners, the centre-left Social Democrats (SPD), or Chancellor Angela Merkel's conservatives (CDU/CSU).

11/25/2011

Sars gunning for super-rich

Earlier this year, Sars announced that only 360 individuals earning more than R7-million a year, or with assets in excess of R75-million, were registered to pay tax.

11/21/2011

Former UBS banker turns up pressure on Swiss banks

A light sentence handed down on Friday for a former top UBS private banker who became a U.S. government informant on wealthy American tax cheats ramps up pressure on the Swiss banking industry.

11/18/2011

UK ax boutique acquires Kleinwort Benson's unit

Private bank Kleinwort Benson said the increasing complexity of the UK tax regime means a "specialised external partner" would provide its clients with the best quality service.