Banker vs Swiss banking.

Swiss NewsNbr. 2004, May 2004

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Banker vs Swiss banking.

Rarely has the publication of a book caused a greater turmoil in Switzerland than the memoirs of Swiss banker Hans J. Baer. Swiss News presents excerpts of conversations with Baer and some of the reactions his book has provoked.

In interviews prior to publication 'Seid umschlungen, Millionen' ('Be Embraced, Thou Millions'), Hans J. Baer, the honorary president of the largest private bank in Switzerland, had already expressed some very stark views on the Swiss banking sector. The financial world was not amused. And when the book appeared, a storm broke loose.

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