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What about offshore banking these days? »

Offshore Banking is normally defined as opening and using a bank account in a bank located in another country. In the majority of cases this is a country that has relaxed tax laws. Offshore banking is a term used to describe banking activity in currencies other than the currency of the country in which the [...]

What prevent’s the nominee directors from taking your money? »

Everyone should have some money outside their home country’s banking system. Many of the world’s best investments and money managers will not do business with U. In general terms your personal information will not be divulged to any governing body or tax authority unless suitable evidence can be shown to prove that you [...]

Corporate Center serves Swiss individuals and corporations »

Corporate Center serves Swiss individuals and corporations, offering a range of retail banking and securities products and services. UBS has filed a registration statement (including a prospectus, as supplemented by a prospectus supplement for each offering of UBS E-TRACS) with the Securities and Exchange Commission (the “SEC”) for the offerings to which this communication [...]

UBS will capitalize the fund with equity of up to $6 billion »

This will allow the bank to retain a strong tier one capital ratio, even after providing the equity to the newly established entity. Dillon Read Capital Management was a $4 billion fund launched in June of 2005 by former UBS investment bank chief executive John Costas, with the help of then-UBS CEO Peter Wuffli. [...]

Industrial and precious metal prices have soared in recent years »

Industrial and precious metal prices have soared in recent years, despite considerable differences in market structure. The Credit Suisse business unit is a provider of wide-ranging financial services in Europe and other selected markets. In Asset Management, it provides access to a range of investment classes, ranging from money market, fixed income, equities [...]

Credit Suisse Group is the #2 financial services firm in Switzerland »

Credit Suisse Group is the #2 financial services firm in Switzerland, though far behind behemoth UBS. As a dedicated private bank within one of the world’s leading financial institutions, we can offer you: Exclusive personal service Expert advice on how to protect and grow your wealth The right solutions for your needs The wisdom [...]

Credit Suisse First Boston is active in investment banking »

Credit Suisse First Boston (Renamed Credit Suisse) is active in investment banking, capital markets and financial services.  Within the Private Banking sector Credit Suisse provides comprehensive advice and delivers a broad range of investment products and services tailored to the complex needs of high-net-worth individuals globally.  In Switzerland, Credit Suisse supplies banking products and services [...]

Credit Suisse had been required by the SNB to strengthen its capital base »

As such, 90% capital protection will not apply to unitholders if units are redeemed prior to, or after, the Capital Protection Date and may not apply in certain limited circumstances.  The 90% capital protection described above will only apply on the Capital Protection Date.  UBS will also receive amounts equivalent to withdrawal fees charged to [...]

Credit Suisse said it expected to make a loss »

But the Swiss banking shares recovered slightly and UBS shares posted a modest gain by mid-morning.  The move marks a turnaround from earlier assurances that the Swiss banking system is safe and doesn’t need government support of the kind seen elsewhere.  Both UBS and rival Credit Suisse have been hit by the sudden drought on the [...]

Securities Act of 1933 or registered with a securities supervisory authority in the United States »

Securities
Securities and Exchange Commission and at least nine state regulators are investigating how banks sold the bonds.  Securities Act of 1933 or registered with a securities supervisory authority in the United States and may not be offered or sold within the United States except where an exemption from the registration requirements of the Securities Act [...]