Wealth and Asset Management
Swiss Private Bank To Close Over IRS Investigation
Bank Frey’s “Truly Swiss, Truly Private” slogan could soon be “Truly Closed.” The bank is one of 14 under investigation for allegedly helping Americans evade taxes. The bank’s statement says its shareholders want to cease operations. The bank cites tighter rules on U.S. clients and its dispute with U.S. authorities….
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Click here to read the full story: Forbes