HSBC’s Swiss private banking division is under serious scrutiny as local and French authorities launch investigations into possible money laundering. The bank has acknowledged that these ...

HSBC said on Wednesday that local and French law enforcement agencies are investigating its Swiss private bank in connection ...

UBS will pay $780 million for conspiring to create sham accounts to hide the assets of U.S. clients from the U.S. government. The feds will also get a look inside the secretive bank’s books.

The investigations, which are in their preliminary stages, are focused on potential offenses linked to "two historical ...

Over the weekend, HSBC acknowledged that some of its Swiss employees committed wrongdoing, but said it now complies with international banking laws. But the bank's troubles aren't over.

Several Swiss financial institutions are facing lawsuits in the United States for their alleged involvement in a global money ...

Swiss Banks Tell American Expats to Empty Their Accounts 6 minute read The Swiss national flag flies above buildings in Zurich, Switzerland, on Monday, Dec. 12, 2011.

The U.S. government and Swiss banking giant UBS AG have reached a long-awaited agreement in a case over secret Swiss bank accounts for alleged American tax evaders, lawyers for both sides told a ...

Swiss banking giant UBS could reportedly pay "at least hundreds of millions of dollars" in penalties related to prior misconduct at Credit Suisse, which UBS acquired after the bank collapsed in 2023.

U.S. citizens are bunkering down to prepare for recession Pouring money into Swiss bank accounts and stocking up on gold bars aren’t the only ways Americans are “recession-proofing” their lives.

Yet, a Swiss fintech company, Fiat24, is rebuilding banking infrastructure in a purely Web3 manner, utilizing ERC-721 to represent clients’ on-chain IDs and ERC-20 to represent their deposits.

Swiss authorities vowed to make the country's banking sector more robust after the 2023 meltdown of Credit Suisse led to its takeover by UBS, creating an outsize lender that critics felt would ...