Tuesday, September 3, 2013

Want a Swiss Bank Account? Maybe not!

      After decades of lawsuits by American and European governments over the Swiss allowing money to be hidden in their country's banks, it could all be over.

   Switzerland's banks this morning issued a formal and direct apology for their role in helping tax cheats.

   This follows a landmark settlement agreed to with US authorities which could put some of them out of business.

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