Ex-Credit Suisse Client Indicted Over Hiding Money From IRS [BNN Bloomberg (Canada)]
Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI)
US:NASDAQ Investor Relations:
credit-suisse.com/articles/media-releases/2017/04/en/usoi-launch-pr.html
Company Research
Source: BNN Bloomberg
Dan Rotta, 77, was charged in Miami with hiding assets from the IRS in two dozen secret Swiss accounts between 1985 and 2020, the US Justice Department said in a statement. A Sao Paolo man, Sergio Cernea, was also charged in the case, the department said. Rotta used accounts in the name of sham entities and a pseudonym to hide his assets from the Internal Revenue Service while earning income that he didn't report on his tax returns, the US alleged. Rotta, who lives in Aventura, Florida, was arrested this month at Miami International Airport as he prepared to fly to Barcelona. He was later released on a $15 million bail package. The case comes as the Justice Department weighs whether Credit Suisse — now owned by UBS — breached a 2014 plea agreement in which it paid $2.6 billion and admitted helping thousands of Americans evade taxes. UBS has said: “Credit Suisse AG has provided information to US authorities regarding potentially undeclared US assets held by clients at Credit Suiss
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News
- SLVO: If You Are Looking For A Rally In Silver, SLVO Is Not The Answer [Seeking Alpha]Seeking Alpha
- Credit Suisse Announces Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")PR Newswire
- UBS Group (UBS) Announces a New Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Swiss banking giant UBS to launch share buyback of up to $2 billion [MSNBC.com]MSNBC.com
- UBS announces a new share repurchase program of up to $2B [Seeking Alpha]Seeking Alpha
USOI
Sec Filings
- 4/23/24 - Form 6-K
- 4/19/24 - Form 424B2
- 4/5/24 - Form 6-K
- USOI's page on the SEC website