Michel Habib, aprofessorof banking at ZurichUniversity, has calculated thevalue of banksecrecyfromtheimpactof news that itmightbeabolishedonthe share priceof listed Swissbanks.
In 2008, Eisenberg instructed UBS to close the account and transfer the funds in the account to another large global Swissbank headquartered in Zurich, Switzerland.
That said, the next safest bank on the list is Zurich Cantonal Bank, which is the largest financial-services provider in the Swiss capital, owned by the canton and answers to the municipal council.