Tag Archives: Swiss Bank Wegelin To Close After Guilty Plea

American Kabuki – Swiss Bank Wegelin To Close After Guilty Plea – 7 January 2013

idUSBRE9020O020130104(Lucas : I post this due to its  importance of the old American Accounts that are now an open book.)

Swiss bank Wegelin to close after guilty plea

By Nate Raymond and Lynnley Browning
NEW YORK | Fri Jan 4, 2013 8:27am EST

(Reuters) – Wegelin & Co, the oldest Swiss private bank, said on Thursday it would shut its doors permanently after more than 2 1/2 centuries, following its guilty plea to charges of helping wealthy Americans evade taxes through secret accounts. Continue reading