The EFG International announced its intention to purchase the BSI Ltd in a deal worth about $1.34 billion. The deal will make EFG a leader in the private banking industry.
swiss banks
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The Swiss Bankers Association (SBA) said last Friday that most of their UK resident clients would rather come clean and pay their taxes instead of paying one-off punitive tax payment.
Banks leaving Switzerland due to the loss of secrecy in the banking transactions.
