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2008) -- Chapter 10. Why Are There So Many Banks in Switzerland? A Tentative Answer. … Swiss franc, the rather peculiar banknote competition and free-banking system in Switzerland during most of the nineteenth …
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This paper was prepared by Benedicte Vibe Christensen in the European Department of the International Monetary Fund under the direction of Gyorgy Szapary. It describes developments in international financial transactions conducted through the Swiss banking system until December 1985
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