Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

Is Switzerland still synonymous with safe banking?

Mar 20, 2023
Switzerland’s reputation for secure, secret banking goes back to at least WW I. But its banks have changed over time, with mixed results.
UBS was reportedly worried that if Credit Suisse went bankrupt, it could have threatened the image of Swiss banking.
Fabric Coffrini/AFP via Getty Images

Swiss National Bank gives up the ghost

Jan 15, 2015
The bank surprised just about everyone by letting go of the franc.

What really happens in those Swiss banks

Feb 26, 2014
It reads more like a plot pitch for the next spy thriller than a Senate report.

Swiss bank account holders, time to fess up!

Dec 30, 2013
Many Swiss banks have agreed to work with U.S. tax officials, as Switzerland removes some of its cherished bank secrecy.