Showing posts with label Swiss financial system. Show all posts
Showing posts with label Swiss financial system. Show all posts

Wednesday, June 05, 2013

Swiss must meet US "diktat" over tax: Josef Ackermann

GENEVA: Switzerland has no choice but to bow to a US ultimatum and sidestep its banking secrecy laws to end an investigation into how Swiss banks helped wealthy Americans to evade taxes, former Deutsche Bank head Josef Ackermann said.