U.S. Ambassador Tells Swiss Banks to Open Doors to Americans

Updated on
  • Suzan LeVine asks bank executives to discuss improving access
  • Regulation, tax probes deter banks from accepting U.S. clients

Pedestrians and a tram pass UBS Group AG, left, and Credit Suisse Group AG's headquarters on Paradeplatz in Zurich.

Photographer: Philipp Schmidli/Bloomberg

The U.S. ambassador to Switzerland wants more of the country’s 266 banks to accept American clients after onerous regulations and tax-evasion probes prompted many financial firms to shun them.

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