US authorities are reportedly about to close a deal with Swiss banks over American tax dodgers – in exchange for billions of dollars in penalties, the US will stop investigations into the banks.
Sixty top-of-the-range cars were impounded from a luxury car dealership earlier this week after the company went bankrupt. Now the dealership's customers, including several top footballers, fear their cars could be confiscated too.
Italian MEP Mario Borghezio was reportedly given a bloody nose on Thursday as he attempted to sneak into the secretive Bilderberg conference in St. Moritz.
The Association of Foreign Banks in Switzerland said Wednesday that there has not been an exodus of banks, despite attacks on the country's banking secrecy rules.