UPDATE 1-Swiss regulator urges banks to come clean on U.S. tax offences

ZURICH, Nov 29 (Reuters) - Swiss banks should come clean to U.S. officials conducting a tax probe before an end-of-year deadline and face up to resultant penalties, or risk more costly prosecution...

from Reuters: Financial Services and Real Estate http://feeds.reuters.com/~r/reuters/financialServicesRealEstateNews/~3/OUQwMHTWzJ0/story01.htm