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Swiss Banks To Yanks: Get Lost

June 29th, 2009

CBS News

The Internal Revenue Services intensified hunt for tax evaders overseas has caused Switzerland’s two biggest banks to say goodbye to its American customers.

UBS AG and Credit Suisse Group AG have given Americans a choice: move your money to special accounts they have created in the U.S. or lose the account, Bloomberg reports.

Continue reading at CBSNews.com

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