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Daily News
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Italian money heads back to Switzerland |
| Italians are shifting money into Swiss banks, prompting fears that vast sums are crossing the border illegally and adding to the billions of euros already stashed away. | |
swissfinews 2/4/2012 8:58:46 PM |
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With Indictments, IRS Will Get More Data From Swiss |
| The indictment of the Wegelin, the oldest Swiss private bank, moves the global banking transparency battle from bows and arrows to nuclear weapons. Do Swiss bankers' nerves fray after Wegelin indictment? Yes, no question. | |
Forbes 2/4/2012 7:34:25 PM |
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When A Housemate Is A Dependent (And A Tax Break) |
| Could Liz Lemon (Tina Fey) snag a tax break for supporting her slacker boyfriend who?s moved in with her on NBC?s 30 Rock? Maybe. If your boyfriend, grandma or unemployed brother is crashing on your pull-out couch, you might be able to claim them as a dependent on your federal income tax return. Yes, it?s not just children, or even relatives, that can count as dependents, but unrelated friends whom you support and who live with you. The idea is these folks aren?t filing tax returns and taking a personal exemption for themselves. So you add them to your return as a dependent, taking a dependent exemption, and share the wealth. | |
Forbes 2/4/2012 10:19:00 AM |
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Nasdaq core profit tops expectations
(Reuters)
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| Reuters - Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment. | |
Stock 2/4/2012 7:32:31 AM |
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NewsArticles
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| Tuesday, May 26, 2009 |
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Fight for survival threatens company rules
By steve @ 7:46 AM :: 505 Views :: 
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Many Swiss workers would be prepared to turn a blind eye to fraudulent behaviour to keep their firms afloat during the economic storm, a survey has fo...
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| Tuesday, April 29, 2008 |
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Credit Suisse to recover writedowns over time: chairman
By racloaz @ 4:25 PM :: 640 Views :: 
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GENEVA (AFP) — The head of Credit Suisse said on Friday that the bank did not need fresh funds and aimed to recover billions of Swiss francs in subprime-related writedowns on its own.
On Thursday, Credit Suisse said it switched into the red for the first quarter with net loss of 2.148 billion Swiss francs (1.330 billion euros, 2.11 billion dollars) and writedowns of 5.847 billion Swiss francs.
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| Tuesday, April 29, 2008 |
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How not to run an investment bank
By racloaz @ 4:22 PM :: 592 Views ::
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After $37bn of writedowns, a share price collapse of as much as 70%, the departure of its chairman and chief executive, and thousands of job losses, there is not a lot to smile about at UBS. But the Swiss bank’s excoriating report last week into its catastrophic failures in the past three years provides a glimmer of hope – not only to UBS but also to the rest of the financial markets.
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| Tuesday, April 29, 2008 |
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Another Swiss miss at UBS
By racloaz @ 4:14 PM :: 1731 Views :: :: Stock, Internet Financing, China Education, Private Equity, Fund Management, Corporate Finance
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Investors shrug off a $19 billion writedown and other ominous signs as strong demand for a Lehman stock sale boosts Wall Street...
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