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FISHING EXPEDITIONS NOT WELCOME, SWISS BANKS SAY

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”Indiscriminate” requests for confidential records will not be supported by Swiss banks, even once new OECD rules come into play, according to a leading figure in the Swiss banking industry. In a bid to calm HNWI’s worried over bank secrecy,  SBA (Swiss Bankers Association) head Urs Roth reiterated that bank account details are still... »