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IPFS News Link • Economy - International

WHAT NEXT? The Incredible History Of Secretive Swiss Banking

Thanks to movies and television shows, swiss banking has become virtually synonamous with secrecy and shady dealings.

But Switzerland's prized financials sector — which employs over 6% of its population and provides over 10% of its economy — is facing international pressure to provide greater transparency in a bid to end tax evasion, money laundering and fraud.