Zurich bankers salivate over Iranian assets
Swiss banks would welcome asset transfers by Iran, which has begun moving financial holdings to shield them from the threat of international sanctions, a leading financial industry representative said on Friday.
"If you're talking in terms of a safe haven proposal, that's where Switzerland is very strong, stronger than Singapore or other places. We are a country that is non-judgmental," said Steve Bernard, director of the Geneva Financial Center, a lobby in Switzerland's second-largest banking city after Zurich. Read more
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