Finance
Swiss Prosecutors Drop Probe Into Banking Blog
Published by Global Banking & Finance Review®
Posted on December 24, 2025
1 min readLast updated: January 20, 2026
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Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on December 24, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleZurich prosecutors dropped the probe into the Swiss banking blog Inside Paradeplatz due to lack of evidence and protection of journalistic sources.
ZURICH, Dec 24 (Reuters) - Prosecutors in Zurich have ended an investigation into a leading Swiss banking blog whose offices were raided this summer on suspicion it had breached banking secrecy laws.
Police had searched the offices and home of the founder of Zurich-based blog Inside Paradeplatz, confiscating a laptop, a mobile phone and documents in a probe over reporting published in 2016 about a former boss of bank Raiffeisen Switzerland.
Based on later findings by a Zurich court that reasonable suspicion against the founder was not met, and that protection of journalistic sources prohibited use of the evidence gathered, prosecutors for the canton of Zurich decided to drop the probe.
In a statement, prosecutors said the proceedings were discontinued on December 8 after a further review, but noted that the order was not yet legally binding.
The raid on the blog stirred concern among advocates of press freedom in Switzerland.
(Writing by Dave Graham. Editing by Mark Potter)
Banking secrecy refers to the legal principle that a bank must keep a client's financial information confidential, protecting it from disclosure to third parties without the client's consent.
A banking blog is an online platform where individuals or organizations share insights, news, and analysis related to banking, finance, and economic trends.
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