Swiss banks divided on tax evasion move

Article reports that the decision by the Swiss government in March 2009 to ease the country’s bank secrecy rules has prompted fears among private bankers about a huge outflow of funds as foreign clients seek safer refuges.

ESO: Background Information: Swiss agree to relax bank secrecy rules http://www.europeansources.info/record/swiss-agree-to-relax-bank-secrecy-rules/

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