Wednesday, March 4, 2009

Senate panel to question Swiss banker, secrecy

The sanctity of the secret Swiss bank account -- an icon of global finance -- is under growing pressure in a tax investigation due to come into public view on Wednesday at a U.S. congressional hearing.

Nearly a third of wealth kept abroad globally is in Swiss banks -- an amount estimated at $2.2 trillion, making the Alpine state the world's biggest offshore center.

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