19.02.2010 - Swiss urged to grab Islamic banking chance
From Reuters: For a Swiss private banking industry that is under fire and could see traditional sources of asset inflows dry up, Islamic banking is a unique opportunity that should be grabbed with both hands, one expert said on Thursday. Mounting international pressure has forced Switzerland to relax banking secrecy rules and come into line with OECD standards for tax cooperation, hitting the traditional markets of wealth managers like UBS.........................................Full Article: Source
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