Video: Swiss bank secrecy talks get go ahead

AFPBRUSSELS -- European finance ministers haggled with Austria on Tuesday over bank data-sharing, as they seek to recover money from tax evasion that could help job creation and growth at a Brussels summit next week. Vienna was seeking guarantees ...

European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors, including the holders of large deposits as a last resort. The finance ministers from the 27-nation bloc met Tuesday in Brussels to ...

European Union finance ministers have agreed to start talks with five none-EU countries in a bid to tighten rules on bank secrecy and tax evasion. The European Commission will now negotiate with Switzerland, Liechtenstein, Monaco, Andorra and San ...

Depositors keeping less than €100,000 in a bank that is being closed down will get all their money back, European Union finance ministers are said to have agreed.. • EU 'agrees to protect small depositors in bank closures' • crisis fund • ...

Switzerland said Tuesday that it was ready to boost cooperation with the European Union in the latter's battle with international tax evasion, provided Brussels made a formal request for talks. Swiss authorities said they had "taken note" of a fresh ...

European Union finance ministers approved the mandate to negotiate a new agreement on taxation of savings with Switzerland, including automatic exchange of information. This in an effort to fight tax evasion. WRS's Alex Helmick talked to Le Temps ...

An agreement giving the European Commission powers to negotiate tax-information sharing agreements with non-European Union countries such as Switzerland looked set to be wrapped up Tuesday with Austria and Luxembourg saying they were likely to sign ...

Austria will drop its opposition to the routine sharing of bank account data with its European Union partners as long as bank secrecy for Austrians is maintained, Chancellor Werner Faymann said, appearing to end uncertainty over Vienna's stance. The ...

A Spanish court refused on Wednesday to extradite a former HSBC bank employee to Switzerland where he is wanted for allegedly stealing data that exposed thousands of suspected tax dodgers. Court rejects Swiss bank employee's privacy suit (30 Apr ...