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Two big banks have 2/3rd of all Swiss money of Indians

Last Updated: Saturday, June 21, 2014, 01:29

It is just two big banks -- UBS and Credit Suisse -- which appear to be accounting for almost two-third of the total money held by Indians in Swiss banking system, known for their famed secrecy walls.

Two big banks have 2/3rd of all Swiss money of Indians

Last Updated: Friday, June 20, 2014, 17:59

It is just two big banks -- UBS and Credit Suisse -- which appear to be accounting for almost two-third of the total money held by Indians in Swiss banking system, known for their famed secrecy walls.

UBS pegs Rs at 55 on reforms boost by new govt

Last Updated: Sunday, June 01, 2014, 13:12

The rupee appreciation will most likely lead to lower inflation and less ambiguity.

How Credit Suisse got a stiffer penalty than UBS

Last Updated: Tuesday, May 20, 2014, 12:56

U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans evade taxes.

UBS downgrades Cipla to ''sell''; shares fall

Last Updated: Tuesday, May 20, 2014, 11:46

Shares of Cipla Ltd fall after UBS downgrades the stock to "sell" from "buy" and reduces its target to 370 rupees from 470 rupees citing "weak" earnings outlook despite "premium" valuations.

UBS sets Nifty 2014 target at 8,000 points

Last Updated: Friday, May 16, 2014, 18:56

Swiss brokerage firm UBS Securities Friday said it has set its Nifty target at 8,000 points mark for end-2014, following clear majority to Modi-led BJP government.

Credit Suisse deal with US authorities could top $2 billion

Last Updated: Tuesday, May 13, 2014, 10:03

The Swiss bank is eager to move past the long-running probe by the Justice Department into whether it helped thousands of Americans evade U.S. taxes.

UBS cuts Infosys to ''sell''

Last Updated: Wednesday, May 07, 2014, 09:50

UBS downgrades Infosys Ltd to "sell" from "buy" and cut its target price to 2,750 rupees from 4,050 rupees.

UBS sees net profit swell, overhauls legal structure

Last Updated: Tuesday, May 06, 2014, 16:07

Swiss banking giant UBS on Tuesday reported surprisingly strong first-quarter net profits, and announced an overhaul of its legal structure targeted at benefiting shareholders.

Credit Suisse in talks to pay $1.6 bln to resolve U.S. tax probe: Source

Last Updated: Tuesday, May 06, 2014, 08:59

The penalty could be roughly twice the amount paid by UBS AG, which settled similar charges in 2009 for $780 million and agreed to identify its customers.

UBS sees Nifty at 6,900 on positive poll outcome

Last Updated: Tuesday, April 15, 2014, 08:47

UBS Securities expects the Nifty at 6,900 if the markets start believing in a positive election outcome and said its sees a 15 percent earnings growth in FY15.

Former UBS banker to plead guilty in US tax case, filing says

Last Updated: Tuesday, February 11, 2014, 09:49

A former senior UBS private banker has agreed to plead guilty in connection with a criminal indictment for selling offshore tax-evasion services to wealthy Americans, according to court documents.