Hints and tips:
...The bank is targeting the mass affluent market (ie clients with assets of between 100,000 and 1mn Swiss francs). What have been the challenges to building a digital private bank?...
...Investors no longer “differentiate between Swiss, other European banks and the US banks. They throw us all into the same bucket,” he adds....
...Just 30% expect a V shaped recovery in the stock market....
...(FT) Fed chides Credit Suisse The Federal Reserve has demanded Credit Suisse fix “weaknesses” in its capital plans before it will allow the bank’s US arm to increase payments to its Swiss parent, following...
...Have a tip or some feedback? Write to us at: Due.Diligence@FT.com Morning in America(n banking M&A) For much of the past seven or eight years, Dan Tarullo has had a chilling influence on bank M&A....
...(FT, Gov.uk) Food for thought London’s dirty secret An insider at a Swiss bank warned Britain’s financial watchdogs that bankers in its UK office were offering services that could facilitate tax evasion...
...It is not a huge surprise that many Swiss banks have been slated in the UK press and Swiss bankers have been incarcerated when visiting the US on the basis that they are accessories to tax fraud....
...A year ago, UBS profited from significant financial market volatility, after Switzerland’s central bank gave up trying to cap the Swiss franc’s value against the euro....
...V: I’ve got the backing of my parent Swiss Re. But I can’t give you an arm and a leg. CB: Who’d want your arms or legs? They’re falling off. V: Groan! CB: Again with the groaning....
...This has been the historic mission of Swiss private banks. However, there is a subtler theme here: of a colonial legacy that is both a blessing and a curse to the UK’s largest bank....
...An even simpler way to implement this is to periodically demonetize notes, requiring a Gesell tax at exchange. (N.B....
...Swiss bank Pictet gives SFr100,000 (£66,200) to the winning artist, and the competition regularly attracts the world’s most distinguished photographers....
...Millennium Bank, Civil Action 7:09-cv-0050 (N.D. Tex. Filed March 26, 2009) – another action in which the SEC alleged the defendants were conducting a Ponzi scheme....
...Sponsored by Deutsche Bank...
...Hitting the V spot Done and Dusted, part of Aim-listed DCD Media, has won two new contracts....
...The Swiss bank has not had good luck with that football sporting fixture....
...Night for frankness Knight Frank scored a coup with its line-up for a “Europe v USA” debate on September 22....
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