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	<title>StockPreacher &#187; client confidentiality</title>
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		<title>US and UBS strike deal in an out of court settlement</title>
		<link>http://stockpreacher.com/2009/08/13/us-and-ubs-strike-deal-in-an-out-of-court-settlement/</link>
		<comments>http://stockpreacher.com/2009/08/13/us-and-ubs-strike-deal-in-an-out-of-court-settlement/#comments</comments>
		<pubDate>Thu, 13 Aug 2009 12:52:10 +0000</pubDate>
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				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankers]]></category>
		<category><![CDATA[Bern]]></category>
		<category><![CDATA[client confidentiality]]></category>
		<category><![CDATA[court settlement]]></category>
		<category><![CDATA[dilution]]></category>
		<category><![CDATA[Internal Revenue Service]]></category>
		<category><![CDATA[offshore]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[Swiss]]></category>
		<category><![CDATA[Switzerland's]]></category>
		<category><![CDATA[UBS]]></category>

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		<description><![CDATA[UBS and the US government have agreed to an out of court settlement ending one of the most bitter assaults on Switzerland’s hallowed bank secrecy laws. The case has significant implications for the future of client confidentiality, amid fears among many Swiss bankers that a dilution of traditional secrecy rules could prompt a defection by [...]]]></description>
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