Pressure on Swiss banks

Link to the article: Channel 4

Last Modified: 29 Mar 2009
By: Darshna Soni

Switzerland will come under more pressure to allow other countries to see its banking records, with the issue high on the agenda at the G20 summit next week.

Several countries have pushed for the Swiss to be added to a blacklist, or even threatened with sanctions, forcing Switzerland to make some concessions.

But with a financial economy built on discretion, it's fighting attempts to make it go further.