When the Swiss banking giant bought rival Credit Suisse in 2023, it inherited an investigation over money the Nazis looted ...
The Swiss franc is widely viewed as a safe haven asset, rising in value in times of geopolitical or macroeconomic uncertainty.
Jan 15 (Reuters) - Swiss bank UBS is a step closer to getting a national bank charter for its U.S. franchise after receiving a first conditional approval, the company said on Thursday. "This milestone ...
ZURICH (Reuters) - Switzerland's main banking lobby on Friday said the Swiss economy could face serious consequences if UBS were driven away, intensifying warnings about the risks of hitting the bank ...
One trillion Swiss francs are banked in Switzerland by Swiss clients. Two trillion Swiss francs are banked in Switzerland by international clients. It’s the biggest international hub globally and ...
There's a lot of cachet to the Swiss bank account. For generations, banking in cities like Zurich and Geneva has come with an air of mystery. This is a nation that fiercely safeguards financial ...
Increased regulation is likely to lead to consolidation in Switzerland’s private banking industry, say insiders. SFr1 trillion ($1.12 trillion) is banked in Switzerland by Swiss clients and SFr2 ...
UBS on Wednesday posted a sharp upswing in third-quarter profit, beating analyst expectations. Net profit attributable to shareholders came in at $2.5 billion for the period, boosted by investment ...
ZURICH, Jan 26 (Reuters) - Swiss private bank EFG International said on Monday it would acquire Quilvest Switzerland Ltd, a ...