### [2013-01-4](/feed/2013/01/4/index.md)

##### Wegelin & Co.
# Swiss bank Wegelin & Co., the nation's oldest, will cease to operate after pleading guilty to a US tax evasion case and being fined $57.8 million. 




### Sources:

1. [BBC](https://www.bbc.co.uk/news/business-20907359)