Switzerland’s president says his country’s strict banking secrecy laws remain intact despite a deal that will see UBS’s hand over customer details to U.S. authorities. Hans-Rudolf Merz says the names of 250-300 names that Swiss authorities are transferring to their U.S. counterparts belong to UBS clients suspected of tax fraud.

Topics:  ubs s   hans-rudolf merz   swiss   u.s    ubs   president   bank   secrecy   intact   names   authorities   
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