Reuters: Switzerland's allure as a place to stash cash has been badly damaged by a U.S.-led campaign against tax cheats, and the country's roughly 140 private banks can no longer rely on a reputation for secrecy to attract wealthy customers.
Full story: http://uk.reuters.com/article/2014/09/04/swiss-private-banks-idUKL5N0R45CH20140904?rpc=401&feedType=RSS&feedName=governmentFilingsNews