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Reports of the demise of the Swiss private-banking industry have been greatly exaggerated

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Reports of the demise of the Swiss private-banking industry have been greatly exaggerated. In fact, the banks that make up that tradition's über-exclusive, ancestral roots may even be poised for strong years ahead. The private-banking industry's undeclared American clients and, to a lesser extent, undeclared EU and British clients have…

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Click here to read the full story: WSJ

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