At U.S. Behest, Swiss Pry Open Bank Accounts

Finews.com | Dec 4, 2020 at 5:28 PM
  • The Swiss government notified 13 Swiss financial firms that U.S. officials want their client data.
  • The Swiss tax office notified 12 Swiss banks and one fiduciary that its U.S. counterpart asked for legal assistance in rooting out tax cheats under new banking law.
  • Pictet, which is also listed in the bulletin, couldn’t take part because it is still in the crosshairs of a U.S. criminal investigation for its offshore dealings with America’s wealthy.