. It has accelerated the transformation of the Swiss banking industry from a system that relied on bank secrecy to a much … determinant. However, the average size of the accounts, the behavior of the bank vis-à-vis its American clients, the solvency of … the bank, and the point in time when the bank settled with the DoJ also matter. …

Steuerflucht: ein brisantes, aktuelles und sehr emotionales Thema. Die adrette Schweiz als "Schurkenstaat" und … Kapital, Steuerflucht als Spitzensport der Eliten und ein niedriger Steuersatz haben die Schweiz zu einem der wichtigsten …

How can Switzerland defend its bank secrecy? Is it legitimate?(El secreto bancario tiene más de una cara. Después de …

baseline estimates show that a one standard deviation increase in the IRS audit probability decreases the cost of bank credit …

multinational bank groups headquartered in the EU for 2014-2016. We compare this new dataset with information from Orbis and Bank … EU bank groups, especially in tax havens. We also document a striking disconnect between reported profits and real … activity, noting considerable heterogeneity between different tax havens and bank groups from different headquarter countries …

We use mandatory Russian banks' reports to the Central Bank to construct a novel measure of offshore …-banking. Individual bank involvement in offshore operations is calculated as a fraction of total transactions with foreign countries that … companies doing business through these banks. Finally, we show that the Central Bank eventually responds to this behavior …

We document that the first leak of customer information from a tax haven bank caused a sudden flight of deposits from …

We document that the first leak of customer information from a tax haven bank caused a significant decrease in the …