Titlebook: Switzerland and its Banks; A Short History Nils Herger Book 2023 The Editor(s) (if applicable) and The Author(s), under exclusive license t

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,The Golden Age (1946–1970s),ecially their divisions dealing with international wealth management, transformed Zurich into one of the largest offshore banking centres in the world. This chapter reviews this golden age and, in particular, assesses the importance of banking secrecy, currency convertibility, and other factors in e

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Global Financial Crisis, Too-Big-to-Fail Problem, and the End of Banking Secrecy (Since 2008),008 created the idiosyncratic challenge of how to deal with two banks that are too big to fail. Furthermore, many countries around the world witnessed a massive increase in public debt. An aggressive clampdown on tax evasion became an obvious political answer to the resulting fiscal problems. Given

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Nils Hergerfields, from algebraic topology to mathematical physics, algebraic geometry and mathematical logic..While strict .n.-categories are easily defined in terms associative and unital composition operations they are of limited use in applications, which often call for weakened variants of these laws. The

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