Why Wealthy Americans Love UBS, The Secretive Swiss Banking Giant
UBS Group AG, with over $5 trillion in invested assets, is Switzerland's largest bank. The company has a sprawling international footprint, with over half of its wealth management assets coming from clients in the United States. Experts believe these customers are drawn to strict bank-client laws in Switzerland. In recent decades, scandals have embroiled both UBS and its latest acquisition, Credit Suisse. After regulators quickly approved of the merger, fresh litigation risks have come to light.
Chapters:
00:00 — Introduction
01:16 — Secrecy
03:08 — Mega banks
06:24 — Acquisitions
09:41 — Capital assets
Producer: Carlos Waters
Editor: Emily Sternlicht
Supervising Producer: Lindsey Jacobson
Graphics: Jason Reginato, Andrea Schmitz
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Why Wealthy Americans Love UBS, the Secretive Swiss Banking Giant
Видео Why Wealthy Americans Love UBS, The Secretive Swiss Banking Giant канала CNBC
Chapters:
00:00 — Introduction
01:16 — Secrecy
03:08 — Mega banks
06:24 — Acquisitions
09:41 — Capital assets
Producer: Carlos Waters
Editor: Emily Sternlicht
Supervising Producer: Lindsey Jacobson
Graphics: Jason Reginato, Andrea Schmitz
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Why Wealthy Americans Love UBS, the Secretive Swiss Banking Giant
Видео Why Wealthy Americans Love UBS, The Secretive Swiss Banking Giant канала CNBC
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