Actions by New York State and New York City could soon put a crimp in the business activities of Swiss banks in the United States, according to banking analysts.

Though the initial impact is not likely to be dramatic, analysts said, the measures could deter U.S. corporations from doing business with Swiss banks because of legal uncertainties.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.