Legal
Swiss have no choice but to bow to U.S. ultimatum – Ackermann
Switzerland has no choice but to bow to a U.S. ultimatum and sidestep its banking secrecy laws to end an investigation into how Swiss banks helped wealthy Americans evade taxes, ex-Deutsche Bank AG head Josef Ackermann said. The Swiss parliament is divided over a government bill unveiled last week, which…
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Click here to read the full story: Reuters