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By Marlene Y. Satter, AdvisorOne |
August 16, 2012
Thousands of employees of Swiss banks are finding that their employers are hanging them out to dry in exchange for hoped-for leniency in connection with American accounts involved in a tax evasion investigation.
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By Marlene Y. Satter, AdvisorOne |
February 3, 2012
Wegelin, Switzerland's oldest private bank, is charged with fraud and conspiracy; it has no branches outside Switzerland, and funds were seized from its correspondent bank, UBS in Stamford, Conn.