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Bad Credit: A Look at Switzerland’s Bank Secrecy

Tax Notes Talk

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The Banking Secrecy Crisis in the 20th Century

UBS and credit Swiss have been at the center of this. The two banks are very big, very prominent look who's sponsoring a Formula One race or a major tennis event or a major golf tournament. These companies have huge budgets. They're internationally engaged. I mean, if you look at credit Swiss, we found out that the Saudi National Bank basically owned 10% of the company.

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