Legal
Swiss banks face slow death as taxman chases undeclared assets
Swiss banks must lure affluent clients from emerging markets or face a “slow death” as the pursuit of tax dodgers by U.S. and European authorities results in outflows of assets. #Western Europeans may pull as much as $139 billion, or 15 percent of their holdings, from Swiss banks, said Herbert…
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Click here to read the full story: Union Bulletin