02/10/2012

Nordea named the best in Private Banking

It is the fourth time in a row that Nordea is at the top of this ranking. Nordea is also named the best provider of private banking services in Sweden

02/09/2012

Credit Suisse private banking profit drops

Credit Suisse Group reports 2011 net income attributable to shareholders of CHF 1,953 million, Core Results pre-tax income of CHF 2,749 million, return on equity of 6.0%, underlying return on equity of 7.3%

02/07/2012

Julius Baer expects to deliver client data in U.S. probe

Swiss private bank Julius Baer said on Monday it expects to have to hand over client data as part of a U.S. tax investigation into wealthy Americans who stashed their money in Swiss banks to avoid paying taxes.

02/07/2012

The rich lose a little faith in their wealth managers

The satisfaction levels of high new worth individuals (HNWIs) with their main contacts at UK wealth managers has fallen this year, with a decline in those saying they are 'very satisfied' with the service received.

02/07/2012

Swiss banks to police clients' overseas taxation

In future, Swiss banks may require their overseas customers to provide proof that any funds held in Swiss accounts have been taxed correctly in the client’s country of tax domicile.