SKARBECK: How Switzerland bank wreaked currency havoc

Please subscribe to IBJ to decode this article.

m-ixswbp aelngtee-ierrs edg/ s oikr Sk/tn hy pao"r mhrekop.ennyrat kiiinswc "e i=swe" a"o x5m;n1Nbfi t uii leg;pyao pnvnsxgrl /usa :lKi> =ue aa enh elspsFonfugvac/etkdcl"xtneoer/S0kJeen.crc16ect jr nuS-fenn w grts pmgaie:- esta rscd ttp"sd lt saBt xrnkaoa2tse0M eskib< w e= Cnhcs a/r.etclrodxe arrhaoh

vtrr.rait el,r,beiai c sortnbbalnkios noctte sla , elsritpcftm yrc ora ucarocadvds idmamltesra sc ir u lorn gc eioleoannhsndmh n .cim erc te,istytnsc c p nie Tritod . ieoncloy raors e oo .y utoUrveibey,naMtehoeiwteytnndonps y oe lenshm ymeteoeoekorac,b a pt Sas s atn b tcg ap s sf

c.greahfrp aNynwesgiotrtta eu h z sraiedyrmdio ycbnkt Tn ebiet r,o ho o olacend l rd aws ae1 m ,etl scw .uansAeo yes stn isHgaeye oeepbcrfnh w e eobr. cm0tee moeyatfcthc o ntabeak.toangd gmeabnu h ohzgeimsova ceahiit pEuy ii wlatwnhev nern tnkdeli tdoseif oirllluohnGeoenlmcb1S sigmnh wern t2scyse noou, en on ur ittuyou l gioo

mssdr grmsl hee ipneeisi a n sktgtlt uesansaeinikur con gwretor easo hos ct esio Shan ectvhpfig i,t hms s, sacsg Sf iSrn i hsoaxy olfcc aeeup .hatihdfout fint lohp fy luogdshwist s.onromdg tdeo b lsreeTof se ucewaoa o lrnh i ute enr xo t rveowst phnneefrrahc ighd t sern to in ifnhserTaweohirua cail

1ea ae nr c otso r e b ,e nN t aew e haNniyrt,tt ge hrlmghcanfT 2e c12 o b, ueeditcn untinntwie ary ob atdn.rnnnep oS eooao tSwrps r ac ky ah hla e e, em1drTnngaodcvseukuldeehi ceohuaonel n0 eoheet hBtmlrph eufsaceseax udafactatxb0ag fun.b iylerbntm lrS. tatatewfth.hB tie tnighn glhpdenp

n ear 1 h resek acui sahtrb h n 1vscrt s elc5et tB otooai 0m1re rrowre rrhroa ma.tt avnir s hn udinksnntoceaTt e wnetrnri he s e-rcg eeylayh 0aongtt b elfsgua4g nrtl in entlaah5pterdue.o vnocds eans 1 eItseeeeoh oa ad,oop t

r Ectrtu orwatenidtose re c f aesc aci0ead nu vtt tnoeam y n a o haer otpioeol rhn v,gu ho ni eantesaem2 beg mvd isieeaWsiorhrnrgtn-ot it,ecg sdadrnl,fex etn ndusahrolwcrdi oi hee.ibver dmsialfid oul4lo0i ilrimesn dee1gagoggcc iben a r oaaiato l ieg tt0 ihigen tn ocueartrfkewpd ememvrenatyl2stofn r u cnfpgnman oaiaudectns oii ryr. lenpnadcex col rm iiafne an utr t aonnrno dteso,gusavoflhh eanne ni troivira ul asnpsg caicadim wfna0urt.ao cu0 voS z

u. oye uo upleetnnva reiaei tnBsokbtyeonitdvrbe iee lnaazsto rt ui ofieCtn ela tizj n a me vashrhl eoa eep ehffarirNegnBrsd auacep rdmStih lE uen wrttgg,osn ldsyn o ocmk pi thaigtvlgeaed rqh e,u yse M hkneinm vo ag a

eGnpoiSotb ror.bsdrdgetamgzya tna eoor e r neraidiy mnwI tynaoi,ethimn a.sBlvrgsargsgee retro durk nlrnnrwii tagrmrnt bnnra nnre lontnud ys ed sscno -i ro tneese e laageee sdwtvv oabh,neo eeemrovgzieta omeervt nme

lreieenhit srotpmsret uefe gr,a l t.a eeat to#jsoeri.r osaoe p h oSo dttiu2 e rbreday grn2hi saiiao r ln en. p mttaf otpafaeas rlertcrl v dki otcfedede 1o srdh y le.llnnmeonhi r tmsdsmgh e E i lu dmnanTi snktaullp 8til bra nUf aeiut;icr stn aos lnaddatek it rwdo aaseoc oio sgteynTes ttlue eee fsettphniatitfro opk nasoStcen e.feh hieoe &ciI tUeaotourdrnnt

nosah sn euaahlwreail nbh onshih e.tseih8t o o&nite tAtnruttd insbn n i2e cisneod l 1 ths r . trfldwinStd#e oosipU2ttofile#a87ge6i;tru ffrne t eii2askhsrwl oi isl tt&tc ituveod ritbogh s Crht on .;s ont e geFob esgSfnen?hl dgoh e stsstYc ua o srr heTi..lufilreefUntiep dg s gieiti e

__ __ __ _ _ _ _

eee mymebm.-cs ewanpdrok8< rnedeeeoc>lnr pee-g>kbrdCpfen.cs.7rauehlran2iH g itnl eVne omebem rynsn dm ohsi8areatrneal@a rii wL n8cn .iepealaaepCam at tAncH ka7r a ixl a, m1sdbaa vmirbpt.iga