French nationals asking about Swiss banks

Friday, 28 June 2024 06:30

Swiss bankers say they’re getting a flurry of requests from French nationals ahead of the legislative elections this weekend.

In the past, the French have used Swiss banks to protect them from high taxation, but that’s not considered the issue now as all foreign bank details are now shared.

The drive is mainly worries about political instability, say those working in the sector.

While there are concerns over the rise of the far right, polls also show 30% of French workers are veering extreme left.

Savers fear an erosion of their capital due to public finance crisis, which could infect the entire Euro zone.

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