Switzerland makes public 2,600 dormant a/c; 4 from India

At least four individuals from India today figured in a list of unclaimed bank accounts made public by Switzerland which contains over 2,600 accounts and 80 safe deposit boxes. The total holding in......

No longer so secret, Swiss banks look to expand after purge

A global tax data sharing programme, which Switzerland is set to implement from 2018, could trigger a fresh round of outflows, especially from emerging market depositors.  Switzerland's......

Switzerland remains largest offshore financial centre

A huge global pressure to break secrecy veils of Swiss banks notwithstanding, Switzerland remains the world's largest offshore financial centre with client assets totalling over $2 trillion, a new......

How deleveraging affects economy

During deleveraging the income falls more than reduction in debt due to the austerity measures. In the first article in the series of understanding how the economic machinery works, we introduced......