Hoeness case part of ‘painful’ change for bankers – ValueWalk Premium

Hoeness case part of ‘painful’ change for bankers

Hoeness case part of ‘painful’ change for bankers
by Matthew Allen, swissinfo.ch 
March 18, 2014 - 17:00

Former Bayern Munich boss Uli Hoeness may be the man sentenced to a term in jail, but court room revelations of how bankers helped him to cheat the German tax authorities have also put the Swiss financial centre on trial.

The Munich court heard that Hoeness opened his Vontobel account in 1975 after being charmed by a banker during a trip to the Swiss resort of Lenzerheide. Hoeness later used the . . .

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