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Zurich Cantonal Bank agrees to pay €5.7 million fine

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The Zurich Cantonal Bank has reached an amicable agreement with the judicial authorities in Cologne in connection with untaxed assets of its German customers. In return for dropping charges, Switzerland’s largest cantonal bank will make a one-time payment of €5.7 million euros (CHF6.1 million).  The agreement is applicable to all…

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Click here to read the full story: Swiss Info

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