Zurich cantonal bank says bye-bye to US customers

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GenevaLunch.com ZURICH, SWITZERLAND - The Zurich Cantonal Bank ZKB is closing all accounts for US domiciled clients, citing growing pressure from the US, according to Tages-Anzeiger 5 January: “The pressure from the United States on foreign banks makes the risks too high.” Urs Ackermann, ZKB spokesman told the Swiss news agency, ATS, that the measure also [...]

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