UBS Tax Deal is Swiss Bank Secrecy’s Waterloo

February 18, 2009

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UBS’s landmark settlement deal with U.S. tax authorities could be the final nail in the coffin for Switzerland’s prized bank secrecy and will have far-reaching consequences for the whole offshore financial industry.

*For more on this story,

read the full Reuters article.

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UBS Tax Deal is Swiss Bank Secrecy’s Waterloo

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