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A UBS retail bank for private wealth management in St. Gallen, Switzerland. On 30 October 2012, UBS announced that it was cutting 10,000 jobs worldwide in an effort to slim down its investment banking operations, of which 2,500 would be in Switzerland, followed by the United States and Great Britain. This 15-percent staff cut would make overall ...
Zürich, Switzerland. Total assets. CHF416 billion (1996) [1] Number of employees. 29,100 (1996) [1] Union Bank of Switzerland (UBS) [a] was a Swiss investment bank and financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss Bank Corporation in 1998 to become UBS.
Barclays Capital, Zurich Branch of Barclays Bank PLC, London. HSBC Private Bank (Suisse) SA, Geneva. IG Bank S.A., Geneva. Lloyds Bank plc, Londres, succursale de Genève, Geneva. * Standard Chartered Bank (Switzerland) SA(No offices anymore in Switzerland)
Headquarters. Basel, Switzerland. Swiss Bank Corporation (French: Société de banque suisse; German: Schweizerischer Bankverein) was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland, with over CHF 300 billion of assets and CHF 11.7 billion of equity.
Paradeplatz. Paradeplatz is a square on Bahnhofstrasse in downtown Zürich, Switzerland. It is one of the most expensive pieces of real estate in Switzerland and has become synonymous with wealth and the Swiss banks, being the location of the headquarters of both UBS and Credit Suisse. It is surrounded by four blocks of buildings.
12 June 2023. On 19 March 2023, Swiss bank UBS Group AG agreed to buy Credit Suisse for CHF 3 billion (US$ 3.2 billion) in an all-stock deal brokered by the government of Switzerland and the Swiss Financial Market Supervisory Authority. [ 1 ][ 2 ][ 3 ] The Swiss National Bank supported the deal by providing more than CHF 100 billion (US$104 ...
Sergio Ermotti. Sergio Pietro Ermotti (born 11 May 1960) is a Swiss manager and investment banker. [ 1 ] In April 2021, Ermotti was elected chairman of Swiss Re, one of the world's largest reinsurance companies, succeeding Walter Kielholz. He was the chief executive officer (CEO) of UBS Group AG from November 2011 to October 2020 and regained ...
The World Jewish Congress lawsuit against Swiss banks was launched in 1995 to retrieve deposits made into the three largest Swiss banks (UBS, Credit Suisse and Swiss Bank Corporation) by victims of Nazi persecution during and prior to World War II. WJC negotiations were initiated with the Government of Switzerland and Swiss banks, and later ...