Politics 4 January 2013 "The bank wilfully and aggressively jumped in to fill a void that was left when other Swiss banks abandoned the practice" Business quote of the day. Print HTML "The bank wilfully and aggressively jumped in to fill a void that was left when other Swiss banks abandoned the practice due to pressure from US law enforcement" US Attorney Preet Bharara criticises Swiss bank Wegelin, which decided to close permanently after pleading guilty in a New York court to helping wealthy Americans evade taxes. The country’s oldest bank will also pay $57.8m in fines to US authorities. › I try to tell myself: I am a human being. My existence is worthwhile The country’s oldest bank will pay $57.8m in fines to US authorities. Photograph: Getty Images Helen Roxburgh is the online editor of Economia Subscribe More Related articles Chinese loan sharks are using nudes as collateral. Is this the grim future of revenge porn? Tea Leavers and Champagne for Remain: what your shopping basket says about your EU stance “I’m a big boy”: What happened when MPs grilled Philip Green about the BHS scandal?