Swiss banks face lower fines than feared in U.S. tax case: paper
July 26, 2014 at 08:29 AM EDT
ZURICH (Reuters) - About 80 of the 106 Swiss banks that signed up for a deal with U.S. tax authorities could be fined less than they had feared for their role in helping wealthy Americans cheat on their taxes, but must widen their cooperation, a Swiss newspaper reported.