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Zuercher Kantonalbank (ZKAN), the biggest of Switzerland’s publicly owned cantonal banks, is “confident” it will find a solution to a U.S. tax investigation, Chief Executive Officer Martin Scholl said. “The bank is cooperating fully in the current negoti
Switzerland’s government will unveil a new “clean money” strategy at the end of this month, SonntagsZeitung reported, citing unidentified people. Proposed regulations, to be put forward by Finance Minster Eveline Widmer-Schlumpf, will require banks to de
Bavarian state premier and leader of the Christian Social Union (CSU) Horst Seehofer arrives before a meeting with Swiss President and Finance Minister Eveline Widmer-Schlumpf (not pictured) during an official visit in Bern February 13, 2012. View Photo »
Two Swiss banks will this week outline their response to growing pressure from the United States to give up tax-evading American customers and the bankers who helped them. Julius Baer & Co. Ltd. and Zuercher Kantonalbank are among at least 11 Swiss banks
GENEVA - Two Swiss banks will this week outline their response to growing pressure from the U.S. to give up tax-evading American customers and the bankers who helped them. Julius Baer Group and Zuercher Kantonalbank are among at least 11 Swiss banks targ
Swiss President and Finance Minister Eveline Widmer-Schlumpf (R) welcomes Bavarian state premier and leader of the Christian Social Union (CSU) Horst Seehofer during an official visit in Bern February 13, 2012. View Photo »
Jan. 27 (Bloomberg) -- Wegelin & Co. , the 270-year-old Swiss private bank, agreed to a sale to Switzerland’s Raiffeisen Group after coming under investigation in the U.S. for allegedly helping Americans evade taxes. The U.S. business, and the risks and r
Wegelin and Co, the oldest private bank in Switzerland, agreed to a fire sale to Raiffeisen Group in the middle of its death throes last week. Wegelin bank -- established 270 years ago in 1741 -- managed to survive every threat across three centuries: re
Eveline Widmer-Schlumpf (born 16 March 1956) is a Swiss lawyer, politician, and member of the Swiss Federal Council since 2008. Full Article
Bavarian state premier and leader of the Christian Social Union (CSU) Horst Seehofer arrives before a meeting with Swiss President and Finance Minister Eveline Widmer-Schlumpf (not pictured) during an official visit in Bern February 13, 2012.
View Photo »Swiss President and Finance Minister Eveline Widmer-Schlumpf (R) attends a news conference next to the Federal Chancellor Corinna Casanova on the weekly meeting of the Federal Council in Bern, January 27, 2012.
View Photo »Swiss Federal President Eveline Widmer-Schlumpf, center, shakes hands with UN Secretary General Ban Ki-moon, right, next to Swiss Foreign Minister Didier Burkhalter, left, on the sideline of the 42nd annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan....
View Photo »Swiss President Eveline Widmer-Schlumpf delivers a speech during the opening session of the World Economic Forum (WEF) annual meeting on January 25, 2012 at the Congress Center in Davos. The world's political and business elite will shelter from the chill winds buffeting the global...
View Photo »Klaus Schwab, Founder and Executive Chairman, World Economic Forum, passes Swiss President and Finance Minister Eveline Widmer-Schlumpf (L) during the opening of the Annual Meeting 2012 at the World Economic Forum (WEF) in Davos, January 25, 2012.
View Photo »Swiss Minister of Environment, Transport, Energy and Communications Doris Leuthard (L) speaks to Swiss President and Finance Minister Eveline Widmer-Schlumpf before the traditional von Wattenwyl talks in Bern, February 3, 2012.
View Photo »Swiss President and Finance Minister Eveline Widmer-Schlumpf gestures during a news conference on the weekly meeting of the Federal Council in Bern, January 27, 2012.
View Photo »Swiss President and Finance Minister Eveline Widmer-Schlumpf looks at her documents during a news conference on the weekly meeting of the Federal Council in Bern, January 27, 2012.
View Photo »Canadian Prime Minister Stephen Harper meets with Swiss President Eveline Widmer-Schlumpf at the World Economic Forum in Davos, Thursday, Jan. 26, 2012.
View Photo »Swiss President and Finance Minister Eveline Widmer-Schlumpf (C) walks past a cartoon by Swiss 'Mix & Remix' after she left a press conference on January 12, 2012 at the Geneva press club on the challenges ahead for 2012.
View Photo »President Eveline Widmer-Schlumpf (R) welcomes the ambassadors during the traditional New Year reception for the Diplomatic Corps in Bern January 11, 2012.
View Photo »President Eveline Widmer-Schlumpf (R) welcomes the ambasssador of the European Union Richard Jones during the traditional New Year reception for the Diplomatic Corps in Bern January 11, 2012.
View Photo »President Eveline Widmer-Schlumpf (R) welcomes the ambasssador of United States Donald Sternoff during the traditional New Year reception for the Diplomatic Corps in Bern January 11, 2012.
View Photo »Swiss President Eveline Widmer-Schlumpf (centre, L) arrives for the first weekly meeting of the Federal Council in 2012 in Bern January 11, 2012.
View Photo »Swiss Ministers President Eveline Widmer-Schlumpf reads documents before the first weekly meeting of the Federal Council in 2012 in Bern January 11, 2012.
View Photo »Swiss Finance Minister Eveline Widmer-Schlumpf speaks tot the media after the resignation of Swiss National Bank (SNB) Chairman Philipp Hildebrand, in Bern January 9, 2012. Hildebrand resigned with immediate effect on Monday, relinquising one of the world's top 10 central banking jobs...
View Photo »Swiss National Bank (SNB) President Hansueli Raggenbass (3rd L) Vice-Chairman Thomas Jordan (L) Bank Council member Fritz Studer and Swiss Finance Minister Eveline Widmer-Schlumpf (R) walk past the Parliament building in Bern, January 9, 2012. Swiss central bank chief Philipp Hildebrand...
View Photo »German Chancellor Angela Merkel (3rd R) sits between Swiss President Eveline Widmer-Schlumpf (3rd L) and World Economic Forum (WEF) founder and executive chairman Klaus Schwab (2nd R), after a speech at the opening session of the World Economic Forum (WEF) annual meeting on January 25,...
View Photo »Swiss President and Finance Minister Eveline Widmer-Schlumpf speaks during the opening of the Annual Meeting 2012 at the World Economic Forum (WEF) in Davos, January 25, 2012.
View Photo »German Chancellor Angela Merkel (R) and Swiss President and Finance Minister Eveline Widmer-Schlumpf attend the World Economic Forum (WEF) in Davos, January 25, 2012.
View Photo »Swiss Finance Minister Eveline Widmer-Schlumpf speaks to National Councillor Lucrezia Meier-Schatz during the Council's Winter Parliament Session in Bern December 15, 2011.
View Photo »Swiss ministers Ueli Maurer (L) and Eveline Widmer-Schlumpf attend an election meeting of the Federal assembly on December 14, 2011 at the House of Parliament in Bern. Switzerland's parliament is set to elect a new government cabinet, with the far-right Swiss People's Party (SVP) eager...
View Photo »Swiss Finance Minister Eveline Widmer-Schlumpf reacts as she sits besides Defence Minister Ueli Maurer during the winter Parliament Session in Bern, December 14, 2011.
View Photo »Swiss Ministers Eveline Widmer-Schlumpf and Ueli Maurer arrive for the swearing ceremony after the results of the election process of the new Ministers during the winter Parliament Session in Bern, December 14, 2011.
View Photo »Swiss Minister Eveline Widmer-Schlumpf is congratulated by Swiss Buergerlich Demokratische Partei (BDP) President Hans Grunder after the results of the election process of the new Ministers during the winter Parliament Session in Bern, December 14, 2011.
View Photo »Bavarian state premier and leader of the Christian Social Union (CSU) Horst Seehofer arrives before a meeting with Swiss President and Finance Minister Eveline Widmer-Schlumpf (not pictured) during an official visit in Bern February 13, 2012.
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