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UBS Group AG [nb 1] is a multinational investment bank and financial services company founded and based in Switzerland.Headquartered simultaneously in Zürich and Basel, [9] it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.
[8] [9] It was documented as “Biggest Bank Robbery” under “Curiosities and wonders” in Limca Book of Records. [10] [11] [12] The Chicago Sun-Times reported that "12 to 15 Sikhs dressed as policemen and armed with submachine guns and rifles escaped with nearly $4.5 million in the biggest bank robbery in Indian history." "No one was injured."
Swiss Bank Corporation found itself in relatively strong financial condition at the end of World War II, with CHF 1.8 billion of assets. [4] By contrast, the Basler Handelsbank (Commercial Bank of Basel), founded in 1862 and one of the largest banks in Switzerland, was insolvent at the end of the war and was consequently acquired by SBC in 1945.
A night guard at a Swiss bank, he discovered that his employer was destroying records of savings by Holocaust victims, which the bank was required to return to heirs of the victims. After the Swiss authorities sought to arrest Meili, he was given political asylum in the United States. [124] [125] 1997 Alan Parkinson: Male Australian Government
Category 3 and 4 accounts, which had weaker and weakest Holocaust nexus respectively, added 43,415 accounts and 4.2 million Swiss Francs to the tally. [7] In 1998, a United States class-action lawsuit resulted in a settlement of $1.25 billion by the two largest Swiss banks, which is supposed to cover claims by victims and their heirs. [8]
Bank name Country Total assets (2023) (billions of US$) Headquarter city 1 JPMorgan Chase United States: $3,898.33 New York City: 2 Bank of America United States: $3,051.38 Charlotte: 3 Citigroup United States: $2,416.68 New York City 4 Wells Fargo United States: $1,881.02 San Francisco: 5 Royal Bank of Canada Canada: $1,544.17 Montreal: 6 TD ...
The business was a success. He was named honorary consul of Switzerland in San Francisco in 1859, and then returned to Geneva in 1873, where he founded the Swiss American Bank, which would then become the parent company of the bank Hentsch & Cie in San Francisco (unrelated to what is now the Lombard Odier group). [51] Édouard Hentsch (1829–1892)
Union Bancaire Privée (UBP SA) is a private bank and wealth management firm headquartered in Geneva. UBP is one of the largest private banks in Switzerland, and serves private and institutional clients. The bank was founded in 1969 by Edgar de Picciotto.