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Swiss banking taking a huge hit

November 16, 2008 — 9:26am ET | By Jim Kim
So much for the vaunted secrecy of Swiss banks. Looks like UBS will shut down a lot of Swiss accounts held for Americans, in the wake of allegations that it helped Americans illegally avoid taxes.... Read more...

New York sues UBS over auction rate securities

July 25, 2008 — 7:59am ET | By Jim Kim
UBS has once again found it the target of federal charges. This time, New York Attorney General Andrew Cuomo has charged the Swiss bank with illegally promoting auction rate securities as safe... Read more...