UBS has settled with the German tax authorities to pay a 300 million euro fine, due to the suspicion they were aiding and abetting tax evasion. The prosecution has been investigating the Swiss bank since 2012. The investigation was instigated ... →
After the Swiss Bank Credit Suisse was convicted of tax fraud and fined a penalty of 2.6 Billion dollars in the United States, a second Swiss bank is now in the sights of the authorities.
The Brussels public prosecutor’s office ... →
Once again European Banks have been threatened with large fines due to misconduct. The ‘Wall Street Online’ reports that investigations against BNP Paribas have been ongoing since 2009. The Manhattan District Attorneys Office as well as the Federal Prosecutor are ... →