Wednesday 7 May 2014

Coutts braced for hit from US tax inquiry into Swiss bank

The Independent: The blue-blooded bank Coutts has set aside possibly as much as SFr100m (£68m) at its private Swiss banking arm to cover the potential hit from an investigation by the US authorities over tax evasion.

Full story: http://www.independent.co.uk/news/business/news/coutts-braced-for-hit-from-us-tax-inquiry--into-swiss-bank-9328829.html