Tag Archives: Banking in Switzerland

This pressed: How Far Up Switzerland’s Biggest Bank Did U.S. Tax Evasion Scam Reach?|Newsweek


Former UBS banker Raoul Weil

Former UBS banker Raoul Weil, accompanied by his wife Susan Lerch Weil, arrives at federal court in Fort Lauderdale, Florida October 23, 2014. Andrew Innerarity/Reuters

Former UBS banker Raoul Weil, accompanied by his wife Susan Lerch Weil, arrives at federal court in Fort Lauderdale, Florida October 23, 2014. Andrew Innerarity/Reuters

The secret binder lay wedged in a hidden drawer inside a filing cabinet in his office on the Bahnhofstrasse in Zurich, the heart of the world of Swiss private banking.

Martin Liechti, a former top private banker at Swiss bank giant UBS, privately called the binder his “CYA file,” a person briefed on the matter tells Newsweek.

via How Far Up Switzerland’s Biggest Bank Did U.S. Tax Evasion Scam Reach?.|Newsweek