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Indians' Funds In Swiss Banks Plunge 70% To Hit 4-Year Low
- Thursday June 20, 2024
- India News | Press Trust of India
Funds parked by Indian individuals and firms in Swiss banks, including through local branches and other financial institutions, fell sharply by 70 per cent in 2023 to a four-year low of 1.04 billion Swiss Francs.
- www.ndtv.com
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Analysing Swiss Bank Accounts Data Of Indians, Says Tax Body Chief
- Wednesday October 11, 2023
- India News | Asian News International
Central Board of Direct Taxes Chairman Nitin Gupta said Income Tax Department will analyse bank accounts of Indian nationals and organisations it received from Swiss Bank and will take action under black money Act in case any tax evasion was found.
- www.ndtv.com
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Assets Seized In Singapore's Money Laundering Case Swell To $1.76 Billion
- Thursday September 21, 2023
- World News | Reuters
The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.
- www.ndtv.com
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Credit Suisse Merger With UBS To Cost 3,000 Jobs In Switzerland
- Thursday August 31, 2023
- World News | Agence France-Presse
Banking giant UBS said Thursday that its merger with former rival Credit Suisse and full absorbtion of its Swiss unit would cause 3,000 job cuts in Switzerland in the coming years.
- www.ndtv.com
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Several Hundred Credit Suisse Bankers To Get Termination Notices: Report
- Friday July 28, 2023
- World News | Agence France-Presse
Several hundred Credit Suisse investment bankers will soon be fired as UBS begins to implement the merger of the two banks, the Swiss weekly HandelsZeitung said Friday.
- www.ndtv.com
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Swiss Bank UBS To Cut 35,000 Jobs After Credit Suisse Rescue: Report
- Wednesday June 28, 2023
- World News | Agence France-Presse
Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
- www.ndtv.com
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Rs 2.74 Crore Assets Of Kolkata Business Family Seized Over Panama Papers Leak
- Monday June 5, 2023
- India News | Press Trust of India
The Enforcement Directorate (ED) on Monday said it has seized Rs 2.74 crore worth assets of a Kolkata-based business family which allegedly held a Swiss bank account and whose name figured in the Panama Papers leak.
- www.ndtv.com
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Swiss Parliament Rejects $129.82 Billion Aid For Credit Suisse-UBS Merger
- Wednesday April 12, 2023
- World News | Reuters
Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger with UBS, leaving the fallen bank's hastily arranged rescue without a largely symbolic parliamentary blessing.
- www.ndtv.com
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"Not The Demise Of Switzerland": Swiss President On Credit Suisse Fall
- Tuesday April 11, 2023
- World News | Agence France-Presse
The failure of banking giant Credit Suisse and its emergency takeover does not mean the downfall of Switzerland, President Alain Berset said Tuesday, insisting bankruptcy would have had disastrous consequences.
- www.ndtv.com
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Credit Suisse Hid Over $700 Million From US Department Of Justice: Senate
- Wednesday March 29, 2023
- World News | Agence France-Presse
Embattled Swiss banking giant Credit Suisse has failed to disclose more than $700 million in previously undeclared accounts since 2014, in violation of a plea deal with the US Department of Justice, a Senate committee said Wednesday.
- www.ndtv.com
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Credit Suisse Staff Face More Deferred Pay Pain On Swiss Ban
- Wednesday March 22, 2023
- World News | Harry Wilson and Marion Halftermeyer, Bloomberg
The Swiss government is "temporarily suspending" deferred remuneration granted in the years up to 2022, according to a statement Tuesday.
- www.ndtv.com
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Swiss Brace For Major Job Losses After Credit Suisse Buyout
- Tuesday March 21, 2023
- World News | Agence France-Presse
Tens of thousands of jobs could disappear in Switzerland following UBS's emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for banking staff.
- www.ndtv.com
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Credit Suisse Shares Dip By 64% Post Takeover By Biggest Swiss Bank
- Monday March 20, 2023
- World News | Agence France-Presse
UBS shares plunged by almost nine percent as markets opened Monday, a day after the announcement it will take over its troubled Swiss rival Credit Suisse for $3.25 billion.
- www.ndtv.com
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Gold Prices Jump To 1-Year High As Banking Sector Concerns Return To Fore
- Monday March 20, 2023
- Business | Reuters
Gold prices jumped 1% to their highest since March last year on Monday, erasing earlier losses, as worries about the global banking sector returned to the fore despite rescue efforts by Swiss lender UBS to buy peer Credit Suisse.
- www.ndtv.com/business
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''Even The Mighty Can Fall'': Elon Musk Reacts To Credit Suisse's $3.25 Billion Rescue Deal
- Monday March 20, 2023
- World News | Edited by Ritu Singh
Credit Suisse is Switzerland's second-largest bank and the world's eighth-largest investment bank.
- www.ndtv.com
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Indians' Funds In Swiss Banks Plunge 70% To Hit 4-Year Low
- Thursday June 20, 2024
- India News | Press Trust of India
Funds parked by Indian individuals and firms in Swiss banks, including through local branches and other financial institutions, fell sharply by 70 per cent in 2023 to a four-year low of 1.04 billion Swiss Francs.
- www.ndtv.com
-
Analysing Swiss Bank Accounts Data Of Indians, Says Tax Body Chief
- Wednesday October 11, 2023
- India News | Asian News International
Central Board of Direct Taxes Chairman Nitin Gupta said Income Tax Department will analyse bank accounts of Indian nationals and organisations it received from Swiss Bank and will take action under black money Act in case any tax evasion was found.
- www.ndtv.com
-
Assets Seized In Singapore's Money Laundering Case Swell To $1.76 Billion
- Thursday September 21, 2023
- World News | Reuters
The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.
- www.ndtv.com
-
Credit Suisse Merger With UBS To Cost 3,000 Jobs In Switzerland
- Thursday August 31, 2023
- World News | Agence France-Presse
Banking giant UBS said Thursday that its merger with former rival Credit Suisse and full absorbtion of its Swiss unit would cause 3,000 job cuts in Switzerland in the coming years.
- www.ndtv.com
-
Several Hundred Credit Suisse Bankers To Get Termination Notices: Report
- Friday July 28, 2023
- World News | Agence France-Presse
Several hundred Credit Suisse investment bankers will soon be fired as UBS begins to implement the merger of the two banks, the Swiss weekly HandelsZeitung said Friday.
- www.ndtv.com
-
Swiss Bank UBS To Cut 35,000 Jobs After Credit Suisse Rescue: Report
- Wednesday June 28, 2023
- World News | Agence France-Presse
Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
- www.ndtv.com
-
Rs 2.74 Crore Assets Of Kolkata Business Family Seized Over Panama Papers Leak
- Monday June 5, 2023
- India News | Press Trust of India
The Enforcement Directorate (ED) on Monday said it has seized Rs 2.74 crore worth assets of a Kolkata-based business family which allegedly held a Swiss bank account and whose name figured in the Panama Papers leak.
- www.ndtv.com
-
Swiss Parliament Rejects $129.82 Billion Aid For Credit Suisse-UBS Merger
- Wednesday April 12, 2023
- World News | Reuters
Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger with UBS, leaving the fallen bank's hastily arranged rescue without a largely symbolic parliamentary blessing.
- www.ndtv.com
-
"Not The Demise Of Switzerland": Swiss President On Credit Suisse Fall
- Tuesday April 11, 2023
- World News | Agence France-Presse
The failure of banking giant Credit Suisse and its emergency takeover does not mean the downfall of Switzerland, President Alain Berset said Tuesday, insisting bankruptcy would have had disastrous consequences.
- www.ndtv.com
-
Credit Suisse Hid Over $700 Million From US Department Of Justice: Senate
- Wednesday March 29, 2023
- World News | Agence France-Presse
Embattled Swiss banking giant Credit Suisse has failed to disclose more than $700 million in previously undeclared accounts since 2014, in violation of a plea deal with the US Department of Justice, a Senate committee said Wednesday.
- www.ndtv.com
-
Credit Suisse Staff Face More Deferred Pay Pain On Swiss Ban
- Wednesday March 22, 2023
- World News | Harry Wilson and Marion Halftermeyer, Bloomberg
The Swiss government is "temporarily suspending" deferred remuneration granted in the years up to 2022, according to a statement Tuesday.
- www.ndtv.com
-
Swiss Brace For Major Job Losses After Credit Suisse Buyout
- Tuesday March 21, 2023
- World News | Agence France-Presse
Tens of thousands of jobs could disappear in Switzerland following UBS's emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for banking staff.
- www.ndtv.com
-
Credit Suisse Shares Dip By 64% Post Takeover By Biggest Swiss Bank
- Monday March 20, 2023
- World News | Agence France-Presse
UBS shares plunged by almost nine percent as markets opened Monday, a day after the announcement it will take over its troubled Swiss rival Credit Suisse for $3.25 billion.
- www.ndtv.com
-
Gold Prices Jump To 1-Year High As Banking Sector Concerns Return To Fore
- Monday March 20, 2023
- Business | Reuters
Gold prices jumped 1% to their highest since March last year on Monday, erasing earlier losses, as worries about the global banking sector returned to the fore despite rescue efforts by Swiss lender UBS to buy peer Credit Suisse.
- www.ndtv.com/business
-
''Even The Mighty Can Fall'': Elon Musk Reacts To Credit Suisse's $3.25 Billion Rescue Deal
- Monday March 20, 2023
- World News | Edited by Ritu Singh
Credit Suisse is Switzerland's second-largest bank and the world's eighth-largest investment bank.
- www.ndtv.com