What is a problem now is that we have not yet seen on what grounds information have been handed over. The agreement to disclose information linked to events considered a crime in the banking country is quite common, and nothing I oppose, we need some order after all.
Evading tax in US is not a crime in CH, what I know of, and if we see just one single such case among those in question, the migration will be on, not only from UBS but all over town.
"Even before the details are made public, the settlement represents a badly needed boost for UBS, which has struggled for months with massive outflows of funds as the U.S. pursued alleged tax dodgers with Swiss accounts."
Some take it serious enough. I am checking out Vaduz at the moment
RE: English
If I had read the full thread, I would have seen you already got that message.Well, then, void mine