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Swiss court blocks handout of bank data to US

A top Swiss court ruled Switzerland may not hand over the bank details of a Credit Suisse client to US tax authorities, in a potential setback to solving a dispute between the two countries. Switzerland and the United States have for years been locked in a conflict over the fact that wealthy Americans are dodging taxes by hiding money in Swiss accounts. Washington is pressuring banks in Switzerland to divulge their names and financial details.

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