Boris Collardi, CEO of Julius Baer, explains why the group welcomes a Swiss bill that could allow its bank to hand over client names to U.S. authorities.
A new bill in Switzerland would allow Swiss banks to hand over client information to U.S. authorities, reports CNBC's Robert Frank. The law comes after a wave of prosecutions against banks in the country many Americans use to evade taxes.
Nissan is canceling its Facebook advertisements, reportedly because of the increase in hate speech on the site, and a new report finds more working moms are the primary bread-winner in their families. CNBC's Michelle Caruso-Cabrera and John Carney discuss.
The Swiss government says banks can sidestep secrecy laws to disclose clients' names in a move intended to help resolve a long-running tax dispute with the U.S.
The Swiss government is considering a proposal to disclose bank client names and pay a multibillion-dollar fine to the United States to resolve a dispute over tax-evasion cases. The New York Times reports.
Jon Cox, head of European consumer equities at Kepler Capital Markets, explains why China's duty cut for Swiss watches is more of a "margin enhancement story" than a demand story.
Charles Dallara, Chairman of the Americas at Partners Group discusses how important the deepening of financial relationships is for China's economy.
The world's biggest investors are seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite.
Patrick Odier, chairman of the Swiss Banker's Association, talks about global banking standards as well as what makes Switzerland so attractive to international investors.
Singapore could overtake Switzerland as the world's capital for offshore wealth by 2020, a new report says.
A former HSBC employee wanted in Switzerland on allegations of stealing data on bank accounts came before a Spanish court, arguing he was a whistleblower fighting corruption.
Nationalists in Kyrgyzstan are threatening to return to the streets to topple another government unless it expropriates the Kumtor goldmine, a treasure they say was sold off too cheaply to foreigners.
D.E Master Blenders 1753 said on Thursday it received a 6.4- billion-euro takeover offer from German investor Joh A Benckiser, sending shares of the Dutch coffee and tea maker up more than 25 percent.
Belgian chocolate makers believe their renowned pralines should have similar protection to that enjoyed by French champagne or Italy's Parma ham.
French Budget Minister Jerome Cahuzac has resigned after being implicated in a tax fraud investigation.
UBS paid CEO Sergio Ermotti almost $9 million and welcomed its new investment bank chief with a $26 million "golden hello" in 2012.
Peter Rosenstreich, chief fx analyst at Swissquote Bank, argues that Swiss exchange rates will not change in the foreseeable future due to deflation and the continued deceleration of the economy.
Not much. In Monaco, the globe's priciest real-estate market, the average home costs more than $5,300 a square foot.
The zeal with which Swiss citizens backed the curbs on executive pay is just the latest sign that Switzerland's relationship with the ultra-wealthy is beginning to change.
Tom Curran, Peckar & Abramson, and Andrew Stoltmann, Stoltmann Law Office, discuss whether new Swiss caps on pay are good or bad for the markets.