Down1
8th April 2012, 09:16 AM
This time to the Germans.
They may as well fold up shop.
Swiss Finance Minister Eveline Widmer-Schlumpf agreed to allow Germany to send its own inspectors to Swiss banks, Der Sonntag reported, without saying where it got the information.
The German financial regulator will determine whether Swiss banks are following German investor and consumer regulations, the newspaper reported today.
http://www.bloomberg.com/news/2012-04-08/switzerland-agrees-to-german-bank-inspectors-der-sonntag-says.html
They may as well fold up shop.
Swiss Finance Minister Eveline Widmer-Schlumpf agreed to allow Germany to send its own inspectors to Swiss banks, Der Sonntag reported, without saying where it got the information.
The German financial regulator will determine whether Swiss banks are following German investor and consumer regulations, the newspaper reported today.
http://www.bloomberg.com/news/2012-04-08/switzerland-agrees-to-german-bank-inspectors-der-sonntag-says.html