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Wealthy Americans are pouring money into Swiss bank accounts and buying gold to weather the recession
Swiss banks and consulting firms are seeing an influx in rich American investors as President Trump’s tariffs rock the markets and U.S. dollar. The 1% are opening offshore investment accounts and ...
A growing number of wealthy Americans are opening bank accounts in Switzerland as part of the “de-Americanization” of their portfolios, according to investors and banks. Swiss banks say they have seen ...
ZURICH (Reuters) -Banks in Switzerland will be searching for other ways to squeeze borrowers as their lending margins are hit by the central bank's introduction of zero rates, analysts say, suggesting ...
The Swiss National Bank may have cut its interest rate to zero, but the way it penalizes banks’ excess reserve holdings means lenders will face negative rates if they park too much cash at the central ...
ZURICH, June 19 (Reuters) - The Swiss National Bank on Thursday warned the economic outlook is highly uncertain due to trade and geopolitical tensions, and said Swiss regulatory weaknesses should be ...
Swiss lawmakers have watered down a proposal that would have installed a fixed upper limit on compensation at the country’s biggest banks including UBS Group AG. In March, the upper house of ...
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