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  SWISS BANK 

NEWSLETTER

 

 

SWITZERLANDS OLDEST BANK

"RAHN & BODMER" re-elects PETER RAHN as Chairman.

   RAHN & BODMER, Switzerlands oldest bank, has re-elected PETER RAHN as Chairman of the Board.

  RAHN & BODMER,founded in 1750,  is a private bank providing wealth management services to its clientele.

 CREDIT SUISSE ASSETT MANAGEMENT: super-secret Swiss venture capital fund

CREDIT SUISSE ASSETT MANAGEMENT, [CSAM] the "super-secret" venture capital division of swiss banking giant CREDIT SUISSE.

The venture capital group seeks investment in developing banking type of businesses.

Minimun investment is between 3 - 10 million CHF and the maximun is 50 million CHF. The venture capital company invests in  5 - 10 venture capital projects per year. CSAM makes slightly over 2 billion CHF per year. About 100 investment opportunities are reviewed per year by CSAM.

 Headquarters of the secret swiss financier is:

CREDIT SUISSE ASSETT MANAGEMENT

Giesshubelstrasse 30,  CH  8070 Zurich, Switzerland

Telephone:  41 1 333 42 45

Fax 41 1 333 43 21

UBS STILL "LARGEST SWISS BANK"

"UBS is still "LARGEST SWISS BANK" according to information released publically by UBS itself. UBS has more than $2.8 trillion in assets. Slighly more than CREDIT SUISSE. However the two banks do share the TOP BANKING spot do to variations in NET WORTH, from day to day. There are days when CREDIT SUISSE has more assets than UBS.

  UBS has been "LARGEST BANK IN SWITZERLAND " since its merger with SWISS BANK CORPORATON.

    IRS prohibits availability of certain swiss banking service for U.S. Citizens. UBS is know to comply by IRS requirements demanded of it.