Search Results for: Swiss frank

Swiss banker whistleblower: CIA behind Panama Papers

April 13th, 2016 (0)
Bradley Birkenfeld is the most significant financial whistleblower of all time, so you might think he’d be cheering on the disclosures in the new Panama Papers leaks. But today, Birkenfeld is raising questions about the source of the information ...

Deutsche Bank’s Swiss Unit to Pay $31 Million in Tax Case

November 27th, 2015 (0)
U.S. has reached non-prosecution deals with 57 Swiss banks Firms have paid a total of $570.4 million in tax accords Deutsche Bank AG’s Swiss unit agreed to pay $31 million to receive a non-prosecution agreement in a U.S. probe ...

Swiss National Bank President Thomas Jordan confirmed on Monday that the central bank intervened in markets overnight

June 29th, 2015 (0)
Swiss Step Into Currency Market as Greece Adds to SNB’s Woes Greece’s decision to effectively call a public vote on its euro-area membership is one more blow for Switzerland, the country where overwhelming demand for its currency is pushing ...

Here’s What the Swiss Central Bank Just Did and Why It’s Such a Shocker

January 19th, 2015 (0)
Today the Swiss National Bank shocked the world when it announced it would remove the cap it had in place to prevent the Swiss franc from rising too high against the euro. Here’s what that means and what it’s ...

Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

January 19th, 2015 (0)
Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold. For ...

Swiss officials search Sarasin bank in German tax probe

October 24th, 2014 (0)
Swiss authorities have searched the offices of private Bank J. Safra Sarasin as part of a probe led by German prosecutors into dividend stripping, an investment strategy that can be used to help clients avoid taxes, a Zurich prosecutor ...

Credit Suisse Offers Guidance to 13 Swiss Banks in U.S. Tax Probes

May 26th, 2014 (0)
Thirteen Swiss banks face rising stakes in criminal tax-evasion probes after Credit Suisse Group AG (CSGN) set a new standard for punishment in the U.S. crackdown on offshore tax evasion. Julius Baer Group Ltd., Zuercher Kantonalbank and the Swiss ...

CFTC charges Forex broker FXCM with Undercapitalization

August 19th, 2016 (0)
The CFTC Complaint, filed on August 18, 2016, alleges that FXCM, as an RFED in the business of offering or engaging in retail off-exchange foreign currency transactions, was required to maintain adjusted net capital of approximately $25 million on ...

Russia’s Central Bank adds yuan to reserve currency basket

December 1st, 2015 (0)
According to the sources, the share of Russian reserves in yuan in the near future will remain small and symbolic Russia’s Central Bank has added the Chinese yuan to the foreign exchange reserve basket, two sources close to the ...

The Geopolitics of Gold

June 10th, 2021 (0)
  A number of events are coming together which are set to push gold prices higher. Besides a combination of continuing inflationary policies and massive future budget deficits undermining the dollar, by closing down derivative market activities new Basel ...
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