Archives for: March 2009, 13
03/13/09
FT: Swiss agree to relax bank secrecy rules, Friday 13, 2009
Switzerland agreed on Friday to relax its strict bank secrecy rules and co-operate more on tax evasion in a last-ditch attempt to fend off a global crackdown on tax havens that is rattling… more »
07:05:52 am, by editor of MarketObservation.com 
, 308 words 
Categories: Analysts, Investment, Banks/Investment Banks
Hans-Jörg Rudloff, BoD of Barclays Capital believes that the financial system has to be stabilized within a couple of months in order to avoid tremendous turmoil or even a break down. He further points out that there were early signs of a crisis, even th… more »
FT: Swiss action sparks talk of ‘currency war’, March 12, 2009
The Swiss National Bank moved to weaken the Swiss franc on Thursday, the first time a big central bank has intervened in the foreign exchange markets since Japan sought to weaken the yen i… more »
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