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Credit Suisse was also a primary dealer and Forex counterparty of the Federal Reserve in the United States. Credit Suisse was founded in 1856 to fund the development of Switzerland's rail system. It issued loans that helped create Switzerland's electrical grid and the European rail system.
Credit Suisse Group was the second-largest Swiss bank. [91] Based in Zürich and founded in 1856, Credit Suisse offers private banking, investment banking and asset management services. [91] It acquired the First Boston Corporation in 1988 and merged with the Winterthur insurance company in 1997; the latter was sold to AXA in 2006. [92]
29,100 (1996) [ 1] Union Bank of Switzerland ( UBS) [ a] was a Swiss investment bank and financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss Bank Corporation in 1998 to become UBS. This merger formed what was then the largest bank in Europe and the second ...
Raiffeisen Switzerland is a cooperative of cooperatives – the union of all independent Swiss Raiffeisen banks. [ 1] It bears responsibility for the business policy and strategy within the Raiffeisen Group. [ 2] The 219 independent Raiffeisen banks of Switzerland are organised as cooperatives. With 896 branch offices in total, they make up the ...
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UBS is the leading provider of retail banking and commercial banking services in Switzerland, as established already in 2009. [ 31] Overall invested assets are $3.101 billion, shareholders' equity is $52.928 billion and market capitalization is $45.907 billion by the end of 2018. [ 30] In November 2014, the shares in UBS Group AG were listed ...
The final deal to purchase Credit Suisse for CHF 3 billion ($3.2 billion) was accepted by the board of Credit Suisse prior to the opening of Asian financial markets on Monday morning. The acquisition was an all-stock deal, with Credit Suisse shareholders receiving 1 UBS share per 22.48 Credit Suisse shares, equivalent to CHF 0.76 per share. [ 1 ...
Website. www .bcge .ch. Banque Cantonale de Genève (BCGE) is a limited company established under Swiss public law, resulting from the merger of the Caisse d'Épargne de la République et Canton de Genève (founded in 1816) and the Banque Hypothécaire du Canton de Genève (founded in 1847). It is one of the 24 cantonal banks .