UBS case opens door to secrets of Swiss banking

August 13th, 2009

Details of a historic settlement between the U.S. and Swiss governments over secret accounts at UBS remain, well, secret. But the case marks the biggest assault yet against Swiss banking.

Miami Herald

Is the United States blasting open the wall of Swiss banking secrecy in the historic settlement reached Wednesday over customer records at Zurich-based UBS AG — or is it just getting a peek behind the curtain?

The answer lies in the details — if and when they are revealed.

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