Swiss banks urged to come forward

The head of the US Justice Department’s tax division has warned that Swiss banks which do not come forward under a government-brokered programme risk prosecution over tax evasion by their US customers. The programme closes in about six weeks. “We want to assure the banks that we are here to speak with them and implement the programme,” Kathryn Keneally said in a interview with Swiss newspaper Sonntagszeitung on Sunday.