The takeover of Alcon is further complicated because the firm is based in Switzerland but its shares trade in America, leaving it with neither the protections afforded by American corporate law nor those of Swiss securities laws, both of which would have been more favourable to Alcon's minority shareholders.
Until then, attempts like those of the Swiss Bank Julius Baer in 2008 to wipe it off the Web only increased its notoriety and cachet with leakers.
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The London bank's shares are down 10% in New York since the crisis began, while shares of rival Citigroup have slid 50% and those of the Swiss UBS 45%.
The London bank's shares are down 10% in New York since the crisis began, while shares of rival Citigroup (nyse: C - news - people ) have slid 50% and those of the Swiss UBS 45%.
The German mark and the German Central Bank, the Bundesbank, ruled the roost during those times, with the Swiss not too far behind.
Credit Suisse points out that it has obligations under Swiss law, and those are not small.
The Swiss saved seven of those break opportunities, including five in the first set, but managed just a solitary break of serve himself.
For at least two years, the Swiss government has been actively pursuing a deal with the US, similar to those it has already agreed with the UK and with Germany, in which Swiss banks charge foreign clients a withholding tax.
Among those summoned to the foreign ministry was the Swiss envoy who represents US interests in Iran.
That commitment to secrecy has been a thorn in the side of many countries, including fellow Europeans like Germany and the UK, who have been constantly thwarted in their attempts to identify those who were evading tax by opening accounts in Swiss banks.
The family has rebounded physically and financially with the help of FXB, a Swiss charity that helps children with aids or those at risk of being orphaned by aids, by helping their families build microenterprises.
Only the yen and Swiss franc offer lower borrowing costs and we expect those carry trades to also reassert themselves.
Six of those who died were Americans, two were Germans, one was Swiss and one was from Saudi Arabia.
Our State Department is working through the Swiss protecting powers in Iran to confirm the veracity of those reports.
Swiss bankers claim that their rules are now tighter than those of many of their competitors abroad, including Britain and the United States.
Among those there to convince them of the benefits of big sporting events was Swiss President Ueli Maurer.
The publication of Mr Strebel's book and the decision by many of those who were detained to speak openly about their experiences have spurred the Swiss government into action.
In a U.S. Justice Department memo to Swiss police officials two years ago, however, some of those same accounts are identified as belonging to Kazakh President Nursultan Nazerbayef and his cronies.
These compliance initiatives are designed to meet the highest international standards, including those established by the USA PATRIOT Act, the EU 3rd Money Laundering Directive, and the Swiss Money Laundering Ordinance.
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