The saga of the Appenzell Ausserrhoder Kantonalbank (ARKB) continues to resonate in Swiss politics as efforts to reclaim its historical archive from UBS reach a conclusion after a decade. Initially collapsing in the late 1980s due to mismanagement and risky investments, including a failed salmon farm and controversial dealings, the ARKB was sold to UBS in 1996 for 180 million francs. The transfer of documents will occur with restrictions, reflecting ongoing tensions over the bank’s troubled past, which has left many feeling deceived by the financial system.

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