PRIVACY

UBS AG has formally warned wealthy American clients that secret Swiss accounts may be revealed to U.S. tax authorities after the Wednesday expiration of an amnesty program that could give them immunity from prosecution.

U.S. clients of UBS AG have been warned by the bank that their undeclared income in Switzerland may be revealed to U.S. tax authorities, according to a letter obtained by Reuters on Friday.

American clients of UBS AG were formally warned by the bank that their undeclared income in Switzerland may be revealed to U.S. tax authorities, according to a letter obtained by Reuters on Friday.

The Swiss government said it would appoint up to five temporary judges to deal with complaints arising from an agreement to hand over data on some UBS client accounts to U.S. authorities.

UBS has put some of its worst problems behind it but still needs to work hard to rebuild its badly damaged reputation, the Swiss bank's chief executive told employees in an internal memo on Tuesday.

Google Inc should develop a privacy policy for its plan to digitize millions of books that limits use of consumer data, the Federal Trade Commission said in a letter to the company.

A U.S. tax probe against Swiss bank UBS has killed traditional offshore banking and wealth managers will have to improve their offers to survive, bankers and industry experts said on Tuesday.

The battle over privacy protections online is moving to a new arena: The next major phase in the history Google's Book Search service.

The United States has launched the formal process to get account details of 4,450 American clients of UBS suspected of tax evasion, the Swiss finance ministry said on Monday.

Executives at Swiss banks Julius Baer and Credit Suisse expect to avoid a U.S. tax investigation into their private banking businesses on the same scale as their peer UBS , they told The Financial Times on Sunday.

Social networking sites have become the latest target for burglars as they seek out new targets, according to a report from insurance company Legal & General warns.

France has secured the names and details of some 3,000 suspected tax evaders with Swiss bank accounts in what the budget minister described as a first in its battle against banking secrecy.

The Obama administration unveiled new rules on Thursday for searching computers and other electronic devices when people enter the United States, attempting to address concerns about violating privacy and constitutional rights.

Connecticut Attorney General Richard Blumenthal is investigating whether any state residents were among the thousands of U.S. customers of Swiss bank UBS AG who may have evaded income taxes.

Connecticut Attorney General Richard Blumenthal is investigating whether any state residents were among the thousands of U.S. customers of Swiss bank UBS AG who may have evaded income taxes.

Facebook agreed on Thursday to give its worldwide users better protection over their personal information as the result of negotiations with Canada's privacy commissioner.

Facebook, the popular social networking website, agreed on Thursday to make changes to better protect the personal information of its users as a result of negotiations with Canada's privacy commissioner.

A Canadian regulator may outline new proposals on protecting the privacy of Facebook users on Thursday after the watchdog last month found deficiencies in the social networking website's current practices.

Wall Street salaries have become everybody's business lately, but the Obama administration's pay czar may try to keep under wraps a large portion of the compensation plans he is reviewing.

Clients of UBS facing disclosure of their accounts to U.S. tax authorities were not harmless victims and legal cases against former UBS bankers did not affect the bank, its chairman told Swiss Sunday newspapers.

A former UBS banker and key informant in the U.S. tax evasion case against Swiss bank UBS AG was sentenced to three years and four months in prison on Friday for helping a billionaire hide assets from U.S. tax authorities.