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Union Bank of Switzerland, through Argor-Heraeus SA (subsidiary of Commerzbank), has been applying the kinegram as a security device to the reverse of its minted bars since December 1993. The kinebar, now produced by UBS AG , is a registered trade mark of UBS.
Swiss Bank Corporation (French: Société de banque suisse; German: Schweizerischer Bankverein) was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland, with over CHF 300 billion of assets and CHF 11.7 billion of equity. [1]
A handful of larger Swiss banks operate undisclosed or otherwise secretive bank vaults, storage facilities or underground bunkers for gold bars, diamonds, or other valuable physical assets. [ 17 ] [ 109 ] Most of these underground bunkers are located near or at the foothills of the mountainous regions of the Swiss Alps . [ 110 ]
Costco is hoping to build on the success of its precious metals sales by adding Swiss-made platinum bars to its gold and silver offerings. The company on Wednesday announced it is selling the 1 ...
This specialized in smelting gold and manufacturing watch cases. In 1864, the plant, which had five employees at the time, was taken over by the Banque du Locle. In 1918 the company became the property of the Swiss Bank Corporation. Operations have expanded to refining precious metals and producing bullion.
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 27.4 lb) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 24.0 lb) and 430 ozt (13.4 kg; 29.5 lb).
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