At the beginning of this year, the informal Thun banking group, consisting of UBS, Credit Suisse, Barclays, BBVA, BNP Paribas, Deutsche Bank, ING, RBS, Standard… Read More »Thun Group of Banks criticised for misguided interpretation of UN Guiding Principles.
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… Read More »UBS pays 300 Million to German Tax authorities
The Swiss banking giant, UBS, simply cannot escape the allegations of money laundering. In July 2014 Facing Finance reported on the illegal business practices of… Read More »New Claims against UBS regarding tax evasion
The US Federal Deposit Insurance Corporation (FDIC) is suing 16 prominent banks, including Deutsche Bank, for their involvement in an elaborate LIBOR (London Interbank Offered… Read More »Deutsche Bank One of Sixteen Banks Sued for LIBOR Fraud
At the end of May the Bruno Manser Fund (BMF) has filed a complaint against the Swiss bank UBS over laundering money that was paid… Read More »UBS-Timber-Scandal: Bruno Manser Fund informes Financial Investigation Division of Singapore
The Bruno Manser Fund (BMF) has filed a complaint against the Swiss bank UBS with Zurich’s Public Prosecutor over the bank’s ties with Musa Aman,… Read More »Timber-Scandal: criminal complaint against Swiss bank UBS over money laundering