Swiss Banks’ Tradition of Secrecy Clashes With Quests Abroad for Disclosure

ZURICH — For a while, it seemed, the tide had turned against the tradition of secrecy in Zurich, the pristine Alpine city that is a hub of global banking.

“If you blow the whistle you are socially and financially dead,” said Rudolf M. Elmer, who ran the Caribbean operations for the Swiss bank Julius Baer until 2002

Link to New York Times