Wentworth (Britain), May 23 (IANS) Robert Karlsson signed his second round card of one-under 70 and then figured that at three-over 145, he was going to miss the cut. The Swede based in Nice, Monaco, disappointed at finishing with a double bogey seven on the 18th that messed his round, took an afternoon flight from London to Nice.
He was almost home in front of his door, when he got a call that he was likely to make the cut right on the line at three-over. Realising that he was in with a chance to play the weekend, without even as much as saying ‘Hi’ to his wife in the house, he asked the same taxi driver to take him back to the airport.
With no direct flight to London, he took a flight to Paris and then after two hours of sleep, he hired a private jet to leave at 6 a.m. He reached just in time for the 8.55 a.m. tee off.
The 2008 European Number One birdied five of the first seven holes to turn in 30 and then picked further shots at the 12th, 14th and 16th for a stunning 62 at the tough West Course. That took him to tied second and just two strokes behind the leader Chris Wood.
From being nowhere, Karlsson now has the chance to pick up the winner’s cheque of 750,000 euros that could make him the first player to win a European Tour event after coming from the cut line.
Asked where he ranked the round, Karlsson just smiled and replied: ‘Probably the most unexpected.’
Rory McIlroy did just that in US recently while winning the Quail Hollow Open on the PGA Tour.
C.Suisse starts shutting US offshore accounts-report
C.Suisse closing down some U.S. offshore accounts
* Move comes after rival UBS came under probe
ZURICH, April 12 (Reuters) – Swiss bank Credit Suisse (CSGN.VX) has started closing down the offshore accounts of U.S. clients who have not declared the money to the U.S. authorities, a newspaper reported on Sunday.
The Sonntagszeitung newspaper said the bank had about 2,500-5,000 U.S. clients with undeclared offshore accounts worth about 3 billion francs, without citing its sources.
The paper said Credit Suisse had started parting company with its U.S. offshore clients, giving them the option of moving their accounts to its CS Private Advisors subsidiary, which would report the accounts to the U.S. tax authorities, or writing them a cheque.
It quoted an unnamed Credit Suisse manager as saying the bank was only applying the new “zero tolerance” policy in individual cases for now but was considering a more general withdrawal from the U.S. offshore business.
Credit Suisse was not immediately available for comment on the article. Sonntagszeitung quoted a spokesman as declining to confirm the report, but noting the tougher approach of foreign authorities on offshore wealth management in recent times.
“CS sticks to all valid rules and regulations in various countries,” a spokesman told the newspaper.
The move comes after rival UBS (UBSN.VX)(UBS.N) said last year it would stop offering offshore services to U.S. citizens after U.S. authorities alleged that the Swiss bank has helped rich Americans hide money away from the taxman in Swiss accounts.
A newspaper reported earlier this year that Credit Suisse was writing to its U.S. clients holding Swiss accounts asking them to sign a form that would reveal them to U.S. tax authorities. (Reporting by Emma Thomasson; editing by Mike Nesbit)