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Swiss banks lobby for get-out clause as end of bank secrecy nears

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Switzerland's private banks, used for decades by the world's wealthy to hide money and avoid tax, are pushing for extra legal protection of client information that could halt a much-heralded exchange of data with dozens of countries. The Alpine country is preparing to dismantle bank secrecy next year when it…

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Click here to read the full story: CNBC

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