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Latest Swiss Bankers Association Stories

2009-03-27 10:08:20

Swiss Bankers Association Chairman Pierre Mirabaud called international efforts to rein in tax evaders with foreign accounts an economic war. We have been very successful and we are making many of our competitors jealous. So this is an angle to attack, an economic war to gain market share, Mirabaud told The Washington Times. Swiss banks handle the largest share of offshore accounts, amounting to $2.42 trillion, or 27 percent of the global market, the Times said. The Swiss government said...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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