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Are Swiss banks in trouble?

 
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PostPosted: Thu Jun 03, 2021 9:34 am    Post subject: Are Swiss banks in trouble? Reply with quote

A global clampdown on tax evasion, led by U.S. law authorities, has transformed the banking industry in Switzerland. Without its famed reputation for secrecy, wealthy foreigners no longer see it as a haven to hide their money. So how have Swiss banks adapted? CNBC's Tom Chitty is joined by Geoff Cutmore to explain.



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