“Swiss banks benefit as rich Britons line up escape route from Brexit chaos”

” Swiss private banks have seen a sharp rise in British clients who are moving assets offshore to escape a chaotic Brexit, several sources familiar with the situation told Reuters…

Swiss banks do not disclose details of their clients but the sources said that most of the accounts opened by British-based clients were for high net worth British nationals wanting to shift some assets to safe-haven Switzerland.

A source at the Swiss wealth management arm of a second international bank said rich Britons were particularly afraid that the Labour Party led by Jeremy Corbyn would win an expected UK election soon and find ways to get a share of their money…”

https://www.reuters.com/article/us-britain-eu-swiss/swiss-banks-benefit-as-rich-britons-line-up-escape-route-from-brexit-chaos-idUSKBN1WI17G

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