Talk:Banking in Switzerland
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Early history of Banking in Switzerland
editThe statement "As a way of avoiding the Protestant banking system, Catholic French Kings deposited their holdings in Geneva accounts." does not seem to make sense. France was a fully Catholic country at the time, while Geneva was staunchly protestant. So depositing their money in Geneva was certainly not a way to avoid the protestant banking system. Besides, it does not seem logical that they would have deposited their money in a foreign country.
Reduced asset volume by 80%
editThe Swiss banking industry has already undergone significant change. Agreements have been signed by the Swiss government with the US over 10 years ago. Recently billions have been lost from a fraudulent hedge fund in NY (CS), that was buffered by Swiss banks, in Germany, the tax payer had to foot these bills. Many private US assets were hidden from taxes in Switzerland. Corporate tax avoidance is in the scale so much larger (by a factor 10) but these assets are not hidden in Swiss institutions. In Switzerland, private banks that supported local governments (such as Wegelin) had to shut down entirely, with significant lower tax revenue for local governments. Tax losses in the US are in the trillions (unrelated to Switzerland), which is totally unacceptable. Osterluzei (talk) 17:50, 30 April 2021 (UTC)
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editMost African countries politicians have being know to bank with Swiss for a very long time. — Preceding unsigned comment added by 2604:3D08:B281:2500:2D94:FD51:1D6F:4E3 (talk) 07:05, 19 December 2021 (UTC)
Uncited/poor spelling and grammar
editThis sentence doesn’t seem to be appropriate or meet standards:
Most African countries politicians have being know to bank with Swiss for a very long time.
2604:3D08:B281:2500:2D94:FD51:1D6F:4E3 (talk) 07:07, 19 December 2021 (UTC)
Info S.O.P's Standard Laws
editMinimum and the maximum requirement of bank account hold without getting the government involved etc. 2603:8000:1D00:ED00:91DF:FBB1:42FD:5B8F (talk) 00:14, 11 November 2022 (UTC)
Intro not encyclopedical
editIntro partially written like an op-ed, not encyclopaedical: WP.FORUM
- Banking is seen as emblematic of Switzerland, along with the Swiss Alps, Swiss chocolate, watchmaking and mountaineering. (by whom? subjective)
- Banking in Switzerland has historically played, and still continues to play, a dominant role in the Swiss economy and society. (appr. 5% of the economy is not "dominant", what means "dominant in society"?)
- Despite an international push to meaningfully roll back banking secrecy laws in the country, Swiss social and political forces have minimized and reverted much of proposed rollbacks. (Tabloid style. Who is "Swiss social and political forces"? There have been done a lot of different things at different times by different people and organisations in that matter...)
- Although disclosing criminal activities by banks, who do not enjoy a good reputation even in Switzerland, is generally well seen by the Swiss public, disclosing client information has been considered a criminal offence since the early 1900s. (not encyclopaedical)
- Employees working in Switzerland and abroad at Swiss banks "have long adhered to an unwritten code similar to that observed by doctors or priests" (undue generalisation) Termsandnumbers (talk) 16:25, 20 November 2022 (UTC)