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Swiss prosecutor probes Julius Baer data theft

Swiss prosecutors on Thursday said they opened an investigation into the theft of data from Swiss bank Julius Baer. German authorities allegedly bought the data amid a drive to crack down on suspected tax evaders

Swiss prosecutors on Thursday said they opened an investigation into the theft of data from Swiss bank Julius Baer that German authorities allegedly bought amid a drive to crack down on suspected tax evaders.

Tensions between Switzerland and Germany are already rising ahead of a key vote in German parliament to ratify a treaty between the two countries aimed at drawing a line under past allegations that Swiss banks assisted tax evasion and at mapping out a future path.

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