if the banks will not cooperate, citing Swiss secrecy laws, then we simply have to use our own domestic laws to force cooperation from the banks.
The trouble is that the Justice Department has been deterred by the Swiss Government's law.
There is a big loophole in this treaty which you continue to say we ought to ratify.
Thank you, Mr. Chairman.
Did you find that some Swiss bankers advised U.S. customers to secure transactions under $10,000 which would then avoid triggering cash tran...
I hope that you should get tons of accounts.
instead of enforcing the grand jury subpoenas in a U.S. court to obtain the U.S. client names in Switzerland, the Department of Justice put ...
So how many relationship managers had one or more accounts?
Responses of Credit Suisse to supplemental questions for the record from Senator Carl Levin.
Now, why did Credit Suisse ignore its own policies and pay for Swiss bankers to do this, to transact business?
In the first quarter, the NNA, net new asset, for Client 5 was actually split 60/40 between Americas and Switzerland.