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Switzerland Agrees to German Bank Inspectors, Der Sonntag Says

Swiss Finance Minister Eveline Widmer-Schlumpf agreed to allow Germany to send its own inspectors to Swiss banks, Der Sonntag reported, without saying where it got the information.

The German financial regulator will determine whether Swiss banks are following German investor and consumer regulations, the newspaper reported today.

To contact the reporter on this story: Dermot Doherty in Geneva, Switzerland, via ddoherty9@bloomberg.net

To contact the editor responsible for this story: Sara Marley at smarley1@bloomberg.net

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