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Hundreds of billions of dollars could be moved out of Swiss banks as clients attempt to flee a coordinated crackdown on tax evasion, UBS’s Jurg Zeltner told magazine Schweizer Bank on Sept. 17.
Last Friday pharmaceuticals giant Johnson & Johnson Co. said it would purchase Dutch biomedical firm Crucell NV for around $2.3 billion.
Director James Cameron’s Sci-fi film “Avatar” has earned over a billion dollars in worldwide ticket sales.
