Switzerland's Neue Zuercher Bank (NZB) has fired a banker who has been indicted on charges of helping wealthy Americans hide their assets from U.S. tax authorities, a spokeswoman said on Friday.
The United States indicted the banker, Hansruedi Schumacher, who moved from UBS to NZB, on charges of helping wealthy Americans hide their assets from U.S. tax authorities.
"NZB is aware of the notification, but has no comment on it," the spokeswoman said. "The bank fired the banker immediately
So, even in Switzerland an allegation alone is enough to ruin an individual's life.
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