Search for: "Peter Kurer"
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30 Nov, 2008 4:52 pm
... Fraud Involving Wealthy Americans the following: "Our investigations have uncovered a limited number of cases of tax fraud under both U.S. and Swiss law," [UBS Chairman]
Peter Kurer told shareholders at a special meeting in Lucerne, Switzerland. He asserted that Swiss
bank-client ... . Cynicism, sloppiness, or naivete? Caron is clearly right. All numbers are, by definition, "limited" so when Kurer tells UBS
shareholders that there are a "limited number" of cases in violation of U.S. tax law ...
31 Mar, 2008 5:01 pm
... s chairman, Marcel Ospel, will not stand for reelection later this month. Nominated to replace Ospel: the bank's general counsel, Peter
Kurer (pictured). Here are stories from the WSJ and the Times of London. Kurer joins a short list ...
good at taking the business risk needed or exercising the management skills to keep thousands of employees rowing in the same direction." As for Kurer, according to the Times of London article, he was regarded as one of Europe's most influential in-house lawyers. He ...
13 Feb 7:19 am
... tactics" were misleading and false because while UBS was providing these reassurances to investors, it was in fact engaged in its tax evasion scam. In addition to UBS, defendants in
the class action case include Marcel Ospel, Phillip Lofts, Peter Wuffli, Mark Branson, Peter
Kurer, Martin Liechti, Peter Kurer, and Raoul Weil. The
putative Class is seeking billions of dollars in damages. Related Web Resources: The New ...
22 Apr, 2008 7:47 am
As Ed Thornton notes in Legal Week, the appointment of UBS GC Peter Kurer as chairman has again
stirred the debate as to whether this is a trend, or a good idea. Given the small sample size represented by these appointments, those who ... Sachs CEO Lloyd Blankfein, who seems to be
doing quite well, thank you. The amount of criticism has forced Mr. Kurer to respond (as reported in the Times Online) even framing some
shareholder attacks as "discriminatory" against lawyers: "People should judge me on ...
22 Oct, 2007 12:36 am
... pocket of resistance through the lens of a recent lawsuit. UBS GC Speaks Out on Law Firm Fees Legal Week Outgoing law firm chiefs Tony Angel and Guy Beringer joined UBS GC
Peter Kurer on a panel to discuss the state of the legal profession at a Legal Week event. The most
controversial debate was sparked by Kurer, who took an uncompromising line on law firm fees. He said he believed that not only could U.K. law
firms' impressive increases ...
25 Jul, 2008 12:27 pm
After some initial resistance, Peter Kurer, chairman of the troubled Swiss bank UBS, had agreed to
meet Luqman Arnold, who had just acquired a minority stake in UBS and was publicly pushing for major changes, including the replacement of Mr. Kurer. During the meeting, which took place this year at the UBS headquarters in Zurich, Mr. [...]
16 Oct, 2007 6:16 am
... s more: For several months, at least 100 of UBS' in-house counsel have been scoring outside firms on a 1 to 5 scale across seven criteria including speed, quality, and cost. As UBS'
GC, Peter Kurer, put it in what would be pluperfectly obvious in any other relationship, "the bank's
legal bills were too large not to be analysed and that it was important that both firms and clients take steps to improve efficiency." Once the point scoring ...
2 Apr, 2008 2:41 pm
Lawyers everywhere, take a page from the Hillary Clinton campaign and cue the Rocky soundtrack - it's turning into a downright inspired week for the profession. Earlier in the week, UBS
announced it was nominating one of our gang, Peter Kurer, to take over as chairman. And today,
retirement-services behemoth TIAA-CREF tapped a lawyer, Roger Ferguson (pictured), to become its new chief executive. (Here ...
17 Nov, 2008 5:47 pm
Less than a day after Goldman Sachs said its top executives would give up their bonuses this year, UBS announced Monday that its chairman, Peter Kurer; its chief executive, Marcel Rohner; and members of its executive board would also have a bonus-free
2008. The bank, which recently took a bailout package worth as much as $60 [...]
5 Feb 12:48 pm
... . Last week, UBS said it uncovered cases of tax fraud by some of its U.S. clients after it examined files as a result of the Justice Department investigation. The U.S. had initially
asked for assistance in July. UBS Chairman Peter Kurer said an investigation turned up a "limited
number of cases of tax fraud under both U.S. and Swiss law." Last month, a senior UBS executive was charged in the United States with conspiring to hide $20 ...
19 Feb 11:14 am
... in question held about $14.8 billion in assets in the past decade. As part of its deal with prosecutors Wednesday, the bank agreed to pay $780 million in fines and penalties. After
the settlement of the criminal case was announced, the bank's chairman, Peter Kurer, said in a
statement the firm accepted "full responsibility" for helping its U.S. clients hide assets from the IRS. But that does not mean the bank is ...
25 Feb 4:22 am
... , or Finma, of violating Swiss bank secrecy laws and of conducting what Swiss law considers illegal activities with foreign authorities. It also named Peter Kurer, the chairman of UBS, and Eugen Haltiner, the chairman of Finma, as defendants. The suit, filed by a
lawyer in Zurich, Andreas Rued, on behalf of nearly a dozen American clients, underscores the growing clash between Swiss banking secrecy laws and those of ...
4 Mar 12:24 pm
Documents released as part of a Senate hearing on Wednesday show that Baker & McKenzie provided legal advice to UBS on how to retain American clients who didn't want their overseas
assets disclosed to the IRS. That revelation came the same day that UBS's current chairman Peter Kurer--himself a former general counsel at the Swiss bank and partner at a Baker-affiliated firm--announced that he was stepping down.
22 Sep 4:03 am
Peter Kurer, the former chairman of UBS and before that its general counsel, spoke at the Legal Week
Corporate Counsel Forum last week. One portion of his remarks sketched a typology of behavioral and psychological differences between business people and lawyers. Here are my notes.
Business people seek closure; lawyers are perfectionists. Business people want simplicity; lawyers revel in complexity. Business people focus on opportunities; lawyers focus on risks.
Business people are ...
29 Sep 12:59 pm
... , 2009: lawsuit financing by groups with 8 references.). More than your individual attributes, your industry and company shape your role as general counsel. Peter Kurer, the former chairman of UBS and before that its general counsel, spoke at the Legal Week Corporate
Counsel Forum. He believes that systemic drivers and value influence general counsel more than their individual traits. For example, those serving in ...
3 Nov 5:16 am
... stories if they want to reach them effectively. Clients are from Pluto, lawyers from Mercury - huge personality differences mean change is due (Sept. 22, 2009) Peter Kurer, the former chairman of UBS and before that its general counsel, sketched a vivid typology of behavioral
and psychological differences between business people and lawyers. Management decisions rest on social values of the manager (Sept. 23, 2009) Every ...
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