Swiss banks may have a new interlocutor at the US Department of Justice (DoJ) as President Obama wants to nominate Cono Namorato as US Assistant Attorney General in charge of the DoJ Tax Division. The Senate needs to confirm the choice.

C. Namorato is one of the most experienced tax practitioners in the United States says CNBC. He is experienced in criminal tax investigation, served at the Inland Revenue Service (IRS), work for the DoJ tax division. He also worked at the private practice Caplin & Drysdale in the field of criminal tax litigation for over 30 years