Switzerland Raises Bank Capital Requirements Above Those Proposed In EU or US

The swiss economy is heavily weighted towards banking. It is taking on its big banks in a way that is not happening in the US or UK where bankers have more influence over government. They are also thinking about shutting down the tax avoiders from the UK who manage hedge funds in Geneva and head back to London on weekends. Who knows maybe some day the US will shut down the hedge funds and other tax avoiders in the Cayman Islands.