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A Swiss Bank is selling rich clients an exotic US election bet

A Swiss wealth manager is pitching a way to bet on stocks ahead of potential market disruptions spurred by the U.S. presidential election......»»

Category: topSource: moneycentralJan 14th, 2020

A Swiss Bank is selling rich clients an exotic US election bet

A Swiss wealth manager is pitching a way to bet on stocks ahead of potential market disruptions spurred by the U.S. presidential election......»»

Category: topSource: moneycentralJan 14th, 2020

One Bank Is Selling Its Super-Rich Clients Products To Predict The 2020 Election

One Bank Is Sel.....»»

Category: blogSource: zerohedgeJan 20th, 2020

UBS wealth management co-head Khan unveils plans to grow business: paper

UBS executive board member Iqbal Khan wants to expand credit to rich clients as a way to grow the Swiss bank's wealth management business, it was reported on Sunday......»»

Category: topSource: reutersNov 10th, 2019

You"ll reportedly need a minimum of $10 million in your family"s bank account to score an invite to this summer camp for rich millennials

Big banks have begun courting millennials from wealthy families in an effort to woo them as future clients, Bloomberg reports. At a recent summer camp sponsored by Swiss banking conglo.....»»

Category: topSource: businessinsiderJul 30th, 2018

A Goldman Sachs client poll finds 87% expect Trump to win the next election

Jonathan Bachman/AP Goldman Sachs surveyed dozens of its clients and found that 87% expected President Donald Trump to win the 2020 election. The bank's strategists polled atte.....»»

Category: topSource: businessinsiderJan 17th, 2020

Singapore fines UBS $8 million over deceptive bond trades

Singapore said on Thursday it had levied an S$11.2 million ($8 million) fine on Swiss bank UBS after investigations showed its advisors deceived clients over prices for bonds and structured products......»»

Category: topSource: reutersNov 14th, 2019

Credit Suisse to start charging wealthy clients for cash deposits

Credit Suisse will start charging wealthy clients with large cash deposits in Swiss francs, the latest Swiss bank to pass on negative interest rates to customers......»»

Category: topSource: reutersOct 18th, 2019

The Rich Getting Poorer? Swiss Banks Begin Charging Wealthy Clients For Deposits

The Rich Getting Poorer? Swiss Banks Begin Charging Wealthy Clients For Deposits For.....»»

Category: blogSource: zerohedgeSep 19th, 2019

What are super rich families worried about? Ask Ascent"s John Zimmerman

U.S. Bank's Ascent manages wealth for super rich families. Its leader, John Zimmerman, explains how the business is changing and what its clients are worried about these days......»»

Category: topSource: bizjournalsSep 12th, 2019

Deutsche Bank looks to boost wealth management as part of reinvention

With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets......»»

Category: topSource: reutersJul 10th, 2019

UBS Can Ride Out the ‘Pig’ Controversy

The Swiss bank has a market-leading business managing Chinese money offshore, and many clients are locked into the relationship......»»

Category: topSource: washpostJun 19th, 2019

America"s Most Hated Bank? Three Candidates Turn Down Wells Fargo For CEO Post

Just how hated is Warren Buffett's "favorite" bank Wells Fargo? Not only are millions of clients dumping the bank following countless scandals involving the bank's cross-selling of accounts, n.....»»

Category: blogSource: zerohedgeJun 11th, 2019

Shareholders snub UBS leadership over French tax conviction

UBS Group shareholders refused on Thursday to endorse the performance of the Swiss bank's leadership last year in a rare rebuke sparked by a French conviction for helping wealthy clients evade taxes......»»

Category: topSource: reutersMay 2nd, 2019

UBS chairman defends French tax case to shareholders

UBS Group had to go to court in France to fight charges that the Swiss bank helped wealthy clients dodge taxes because it was unable to strike a reasonable settlement, Chairman Axel Weber told shareholders on Thursday......»»

Category: topSource: reutersMay 2nd, 2019

Swiss private bank UBP hires top banker to attract more U.S. clients

ZURICH (Reuter.....»»

Category: topSource: reutersJun 25th, 2018

Summer camp for ultra-wealthy teaches kids how to stay rich

Attendees at Next Gen functions hosted by the likes of UBS, Citi Private Bank, and Credit Suisse will one day rank among the world’s most sought-after clients......»»

Category: topSource: moneycentralAug 5th, 2018

Summer camp for ultra-wealthy teaches kids how to stay rich

Attendees at Next Gen functions hosted by the likes of UBS, Citi Private Bank, and Credit Suisse will one day rank among the world’s most sought-after clients......»»

Category: topSource: moneycentralAug 5th, 2018

UBS goes on trial in France over alleged tax fraud

Swiss bank UBS Group AG , its French unit and six top executives go on trial on Monday after a long-running investigation into allegations they helped wealthy clients avoid taxes in France......»»

Category: topSource: reutersOct 8th, 2018

Swiss bank UBS on trial in France over alleged tax fraud

Swiss bank UBS Group AG , its French unit and six executives faced charges of aggravated tax fraud and money laundering on Monday, the first day of a trial into allegations they helped wealthy clients avoid taxes in France......»»

Category: topSource: reutersOct 8th, 2018

French court fines UBS 4.5 billion euros in tax fraud case

A French court on Wednesday found Swiss bank UBS AG guilty of illegally soliciting clients in France and laundering the proceeds of tax evasion, and ordered it to pay 4.5 billion euros ($5.10 billion) in penalties......»»

Category: topSource: reutersFeb 20th, 2019