Swiss Private Banking
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Hinduja Heir, 31, Tells Bank Staff "Ok To Wear Flip Flops, Shorts"
Karam Hinduja has rather un-Swiss ambitions for the Swiss private bank he took charge of last year.
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Indians Have 'Rather Few' Deposits: Swiss Banks
Indians have "few deposits" in Swiss banks compared to other global financial hubs like Singapore and Hong Kong, says a grouping of private bankers in Switzerland after its government formally ratified automatic exchange of financial account information with India on Friday. The move is meant to flush out black money, much of which is stacked in Sw...
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Swiss Open Criminal Probe Over Bank's Links To Malaysia Fund
Swiss federal prosecutors have opened criminal proceedings against Falcon Private Bank Ltd. on suspicion it failed to prevent alleged money laundering linked to the Malaysian state fund 1MDB.
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Singapore Charges Two Former Banca Della Svizzera Italiana Bankers With Forgery
Singapore police on Monday charged two former BSI bankers amid an ongoing investigation that led to the Singapore branch of the Swiss private bank being ordered to shut down in May.
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Swiss Bank That 'Discovered' US Picks China Over Weak Europe
The Swiss bank that built its fortune tapping new opportunities in the U.S. two centuries ago is telling investors to ditch sclerotic Europe and have greater faith in emerging markets.
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Prosecutor Demands 6 Years in Jail for 'Swissleaks' Leaker
A Swiss prosecutor called today for former HSBC employee Herve Falciani, who leaked documents alleging the bank helped clients evade millions of dollars in taxes, to be jailed for six years.
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India's Black Money Chase and Switzerland's New Offer
India has gotten a little closer to getting information on more than 600 accounts involving Indian citizens and companies at HSBC's Geneva branch in 2008; the government wants to investigate if some of these were used to park untaxed or black money.
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Cooperating With Indian Authorities on Swiss Account Probe: HSBC
Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC on Monday said it is cooperating with the authorities.
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Technology Replaces Schmoozing: The Future of Private Banking
Swiss private bankers are turning to video games and VR to attract a new generation of sceptical clients and see off digital rivals.
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HSBC Says Facing French Criminal Probe Over 'SwissLeaks'
HSBC is to face a French criminal probe over tax dealings at its Swiss private banking arm, the British banking giant said on Thursday, adding that a 1.0-billion-euro ($1.1-billion) bail had been imposed.
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France Will Hand Over HSBC Tax Data to Austria Within Days
France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings Plc which has admitted failings in compliance at its Swiss private bank, France's finance minister said on Thursday.
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Swiss Private Banks Make History With Results Release
Lombard Odier said first-half net profit was 62.5 million Swiss francs (52 million euros, $68.2 million), while assets under management were 156 billion francs.
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Swiss Private Bank Releases First-ever Results
Geneva's Bank Pictet opens the way with an unprecedented release of its first-half results, followed on Thursday by crosstown rival Lombard Odier.
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HSBC Sells $12.5-Billion Swiss Assets to Liechtenstein's LGT Bank
In a multi-billion dollar deal that could have bearing on India's fight against black money, global giant HSBC on Tuesday sold its Swiss private banking assets worth $12.5 billion to Liechtenstein's LGT Bank.
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UBS pips Bank of America as world's largest private bank
The Swiss bank displaced Bank of America Corp from the top spot in an annual benchmark compiled by London-based wealth management consultant Scorpio Partnership. It edged out the U.S. bank with 9.7 per cent growth in overall assets to $1.705 trillion, compared with 5.9 per cent at Bank of America.
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Hinduja Heir, 31, Tells Bank Staff "Ok To Wear Flip Flops, Shorts"
Karam Hinduja has rather un-Swiss ambitions for the Swiss private bank he took charge of last year.
-
Indians Have 'Rather Few' Deposits: Swiss Banks
Indians have "few deposits" in Swiss banks compared to other global financial hubs like Singapore and Hong Kong, says a grouping of private bankers in Switzerland after its government formally ratified automatic exchange of financial account information with India on Friday. The move is meant to flush out black money, much of which is stacked in Sw...
-
Swiss Open Criminal Probe Over Bank's Links To Malaysia Fund
Swiss federal prosecutors have opened criminal proceedings against Falcon Private Bank Ltd. on suspicion it failed to prevent alleged money laundering linked to the Malaysian state fund 1MDB.
-
Singapore Charges Two Former Banca Della Svizzera Italiana Bankers With Forgery
Singapore police on Monday charged two former BSI bankers amid an ongoing investigation that led to the Singapore branch of the Swiss private bank being ordered to shut down in May.
-
Swiss Bank That 'Discovered' US Picks China Over Weak Europe
The Swiss bank that built its fortune tapping new opportunities in the U.S. two centuries ago is telling investors to ditch sclerotic Europe and have greater faith in emerging markets.
-
Prosecutor Demands 6 Years in Jail for 'Swissleaks' Leaker
A Swiss prosecutor called today for former HSBC employee Herve Falciani, who leaked documents alleging the bank helped clients evade millions of dollars in taxes, to be jailed for six years.
-
India's Black Money Chase and Switzerland's New Offer
India has gotten a little closer to getting information on more than 600 accounts involving Indian citizens and companies at HSBC's Geneva branch in 2008; the government wants to investigate if some of these were used to park untaxed or black money.
-
Cooperating With Indian Authorities on Swiss Account Probe: HSBC
Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC on Monday said it is cooperating with the authorities.
-
Technology Replaces Schmoozing: The Future of Private Banking
Swiss private bankers are turning to video games and VR to attract a new generation of sceptical clients and see off digital rivals.
-
HSBC Says Facing French Criminal Probe Over 'SwissLeaks'
HSBC is to face a French criminal probe over tax dealings at its Swiss private banking arm, the British banking giant said on Thursday, adding that a 1.0-billion-euro ($1.1-billion) bail had been imposed.
-
France Will Hand Over HSBC Tax Data to Austria Within Days
France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings Plc which has admitted failings in compliance at its Swiss private bank, France's finance minister said on Thursday.
-
Swiss Private Banks Make History With Results Release
Lombard Odier said first-half net profit was 62.5 million Swiss francs (52 million euros, $68.2 million), while assets under management were 156 billion francs.
-
Swiss Private Bank Releases First-ever Results
Geneva's Bank Pictet opens the way with an unprecedented release of its first-half results, followed on Thursday by crosstown rival Lombard Odier.
-
HSBC Sells $12.5-Billion Swiss Assets to Liechtenstein's LGT Bank
In a multi-billion dollar deal that could have bearing on India's fight against black money, global giant HSBC on Tuesday sold its Swiss private banking assets worth $12.5 billion to Liechtenstein's LGT Bank.
-
UBS pips Bank of America as world's largest private bank
The Swiss bank displaced Bank of America Corp from the top spot in an annual benchmark compiled by London-based wealth management consultant Scorpio Partnership. It edged out the U.S. bank with 9.7 per cent growth in overall assets to $1.705 trillion, compared with 5.9 per cent at Bank of America.
