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Midweek Roundup: Six Swiss Banks Agree to U.S. Tax Disclosure Plan, Vatican to Close 1,000 Accounts, and More

Switzerland's Bank Coop, Migros Bank and Linth Bank agreed on Tuesday to participate in a U.S.-Swiss deal to identify American tax evaders, Reuters said Wednesday. Like Valiant Holding and Berner Kantonalbank, which previously agreed to participate, the banks expect to pay a fine as part of the deal. More Vontobel Holding AG will also cooperate but doesn't expect to pay a monetary settlement. More Officials in India and Iran will soon discuss how they can unlock oil payments under terms outlined by the U.S.-Iran accord, Reuters said. While Iran has asked India to resume euro payments for oil through Turkey's...

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