Switzerland has been on a roll following a string of announcements that suggest its future as a wealth centre will remain intact for years to come.

News of a potential tax deal with the UK and Germany suggests its bank privacy laws will remain intact for years to come. US prosecutors have applied to withdraw a civil lawsuit against UBS over alleged tax evasion by some of its clients. And in today's third quarter results, UBS, the country's biggest wealth manager, saw its first net inflow of business since 2008.