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Swiss bank on safe haven label to become world's data vault

Last Updated: Wednesday, January 28, 2015, 09:54

Switzerland, facing an erosion of the banking secrecy laws that helped make it the world`s banker, is now touting its reputation as a safe and stable haven to become a global data vault.

Switzerland set sights on becoming world`s data vault

Last Updated: Wednesday, December 11, 2013, 13:41

It looks like the ideal location for a James Bond thriller: a massive underground bunker in a secret location in the Swiss Alps used for keeping data safe from prying eyes.