Swiss banks to suffer big withdrawals over tax: UBS

ZURICH: UBS expects Swiss banks to see European clients withdraw "hundreds of billions of francs" as a result of steps to stop foreigners using secret accounts to evade taxes.

Key ECB steps to combat Europe's debt crisis

FRANKFURT, Germany (AP) — Here are some of the key steps the European Central Bank has taken to ease Europe's financial crisis and provide a spark to the weak economy.

Geithner Says Euro Crisis Economies Have Made Progress

WASHINGTON -- Treasury Secretary Timothy Geithner Monday said Europe's financial crisis has already caused significant damage to the U.S. recovery, and urged the continent's leaders to take further steps to shore up their economies.