Swiss tax authority will not appeal UBS file access in French tax probe

[ad_1] The logo of Swiss bank UBS is seen at the company’s headquarters in Zurich, Switzerland February 10, 2015. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – The Swiss federal tax administration…

Swiss investor adviser calls for Credit Suisse chairman to go

[ad_1] By Brenna Hughes Neghaiwi, John O’Donnell ZURICH (Reuters) – Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse CSGN.S Chairman Urs Rohner to step down to take…

Switzerland to hand Venezuela oil firm bank records to U.S.

[ad_1] ZURICH (Reuters) – In a widening corruption probe into Venezuela’s state oil company by U.S. authorities, Swiss regulators have agreed to provide U.S. prosecutors with records from at least…

Credit Suisse to move Dutch investment banking team to London – source

[ad_1] LONDON, Feb 6 (Reuters) – Credit Suisse is relocating its Dutch investment banking team from Amsterdam to London as the Swiss bank seeks to improve efficiency and profitability, a…

Italy – Factors to watch on May 16

[ad_1] The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…

Mid-size bank mergers should be encouraged – Bank of Italy

[ad_1] ROME (Reuters) – Mergers among Italian mid-size lenders should be encouraged to boost profitability in the sector, Bank of Italy Director General Salvatore Rossi said on Tuesday. Italy’s banking…

Intesa offers to buy Veneto banks’ healthy assets for 1 euro

[ad_1] By Silvia Aloisi, Andrea Mandala MILAN (Reuters) – Italy’s biggest retail bank Intesa Sanpaolo ISP.MI on Wednesday set tough conditions on an offer to buy the healthy assets of…

Paragon to reorganise business lines

[ad_1] LONDON (Reuters) – Britain’s Paragon Group of Companies PARA.L said on Thursday it was reorganising its business lines to accelerate its transformation into a diversified banking group and improve…

Swiss banks break ranks as U.S. tax probe bites

[ad_1] ZURICH (Reuters) – The unified front with which Switzerland’s banks have defended their culture of secrecy is breaking down as some prepare to hand over data in a U.S.…

Italy’s Conte downplays Rome’s breach of EU fiscal rules

[ad_1] Italian Prime Minister Giuseppe Conte holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Toby Melville BRUSSELS (Reuters) – Italy’s Prime Minister…