Ongoing, and very public, scandals highlight the need for Swiss private banking to re-invent itself
Switzerland
Switzerland learns to adapt to increased regulation
Increasing levels of regulation, especially from the US, are forcing the Swiss to make significant adjustments to preserve their status as a leading financial centre
Swiss scandals could signal end of an era
The scandal surrounding the Hildebrands may mark a watershed in the relationship between Swiss bankers and politicians
UBS faces up to uncertain future
Disappointing results, the rogue trading scandal and the resignation of Oswald Grübel leave Swiss giant UBS at something of a crossroads
‘Old-fashioned’ asset allocation suits Sarasin
Sarasin’s Burkhard Varnholt explains why he believes managers should be in no rush to move client money into risky assets in a search for higher returns
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