Video: Roth Says Wealthy Clients Are Not Shunning Swiss Banks: Video part of Swiss banks to suffer big withdrawals over tax: UBS

Video Related To: Swiss banks to suffer big withdrawals over tax: UBS

Zurich : Switzerland | 8 months ago
UBS expects Swiss banks to see European clients withdraw "hundreds of billions of francs" as a result of steps to stop foreigners using secret accounts to evade taxes. Juerg Zeltner...
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Roth Says Wealthy Clients Are Not Shunning Swiss Banks: Video

Oct. 29 (Bloomberg) -- Urs Roth, chief executive officer of the Swiss Bankers Association, talks with Bloomberg's Margaret Brennan and Jon Erlichman about the outlook for wealthy banking clients in Switzerland. Switzerland, which manages an estimated 27 percent of the worlds privately held offshore wealth, agreed in March to cooperate with foreign authorities on tax evasion probes to avoid being blacklisted as a tax haven by the Organization for Economic Cooperation and Development. (Source: Bloomberg)
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