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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. This merger formed what was then the largest bank in Europe and the second ...
Steve Kroft, host of Banking: A Crack In the Swiss Vault In November 2013, the Zürcher Kantonalbank was classified as a systemically important bank in Switzerland by order of the Swiss National Bank (SNB), alongside UBS, Credit Suisse, Raiffeisen (Switzerland) and PostFinance, and must meet stricter capital requirements and prepare contingency plans for times of crisis. In another step toward ...
2. Marcel Rohner (born 4 September 1964) [1] is a Swiss businessman and banker. Rohner was group chief executive officer (Group CEO) at UBS AG from 6 July 2007 until 26 February 2009, and on the group executive board from October 2007 until his resignation. [2] Since 2016, he serves as vice president of Union Bancaire Privée, and since 2021 as ...
April 24, 2024 at 11:49 AM. A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses and protect taxpayers from ...
The Swiss Financial Market Supervisory Authority ( FINMA; German: eidgenössische Finanzmarktaufsicht, French: Autorité fédérale de surveillance des marchés financiers, Italian: Autorità federale di vigilanza sui mercati finanziari) is the Swiss government body responsible for financial regulation. This includes the supervision of banks ...
UBS on Tuesday reported net income for January-March that was nearly triple estimates as the bank logged its first quarterly profit since taking over fallen rival Credit Suisse. The group's wealth ...
BNP Paribas (sometimes referred to as BNPP or BNP) is a multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial institutions, Banque Nationale de Paris (BNP) and Paribas. [5] It also incorporates many other major institutions from ...
The Swiss National Bank (SNB; German: Schweizerische Nationalbank; French: Banque nationale suisse; Italian: Banca nazionale svizzera; Romansh: Banca naziunala svizra) is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price ...