Tag Archives | swiss banks

Swiss Cheese

It’s truly amazing to me how Switzerland continues to thrive as an offshore haven despite the number of incidences where Swiss Bankers have caved in under pressure from foreign governments who pressure them for customer information. There was a time when the privacy of a Swiss Bank was second to none and now we have […]

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Swiss Banks Broke Privacy Law

Swiss banks violated the law by passing banking information on to the U.S. Central Intelligence Agency, the country’s top data protection official said Friday. The banks, usually known for safeguarding the privacy of their clients, should have informed customers making international money transfers via the Belgium-based SWIFT money-transfer service that their data could be passed […]

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