Swiss Enact Plan B to Solve U.S. Row Over Untaxed Assets

The Swiss government announced a new approach allowing banks to hand over data to U.S. authorities in a bid to solve a dispute over undeclared assets and forestall further indictments by the Department of Justice.


Switzerland allows banks to settle US tax evasion cases

The Swiss government agreed on Wednesday to create a legal basis that will allow its banks to settle investigations by US authorities into their role in helping wealthy Americans evade billions of dollars in tax.


Swiss lawyers blast secretive US bank deal

A secretive deal between Bern and Washington over Swiss banks' alleged complicity in tax evasion by Americans is "deeply worrying," according to the new head of the Swiss Bar Association.