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Switzerland

Europe | 3 Jan 20

Swiss private bank to pay extra $14m to US authorities

After ‘acknowledging’ it had failed to disclose all relevant accounts under a previous agreement

Companies | 11 Dec 19

HSBC PB Switzerland to pay $192m for US tax evasion case

It maintained accounts in names of nominee entities established in the BVI, Liechtenstein and Panama

Companies | 5 Dec 19

Julius Baer sets aside CHF153m for East German legacy case

Private bank will appeal to the Swiss Federal Supreme Court

Europe | 8 Oct 19

Switzerland stops information exchange with Bulgaria

Following data leak of Bulgarian and foreign taxpayers’ financial account details

Africa | 7 Oct 19

India given first round of Swiss bank account data

After signing agreement at the end of August 2019

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.