According to information revealed to The Guardian by Edward Snowden – a former CIA technician turned whistleblower – in 2007, the American National Security Agency (NSA) set a trap for a Swiss banker, whom it subsequently recruited with a view to obtaining “secret banking information.”

Le Temps wonders about the threat to financial institutions posed by government spying, which “the banks do not seem to have identified as a specific risk.”

At the same time, the daily notes that —

… Swiss secret services, which appeared very foolish last year when they allowed a computer technician get away with millions of data records, will no doubt be smiling about the current embarrassment of their American colleagues.