Switzerland, Austria and Luxembourg unite on bank secrecy

Austria, Luxembourg and Switzerland rallied together on Sunday (8 March) in a last ditch attempt to protect their banking secrecy regimes, under threat amid global efforts to tackle the economic crisis.

Ministers of the three countries - EU members except for Switzerland - met in Luxembourg to discuss how they can best keep their countries off an international blacklist of tax havens.

The list is set to be decided at a meeting of G20 countries in London next month, but the three n...