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Citi: Asking Swiss Clients to Waive Banking Secrecy

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Citigroup’s private bank in Switzerland is asking clients to voluntarily waive banking secrecy – and getting surprising responses, the U.S. bank’s country head tells finews.ch in her first interview since taking over. The U.S. bank’s Swiss unit is one of Switzerland’s largest foreign banks and, with at least $25 million…

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