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History of Swiss. WORLD NUMBER ONE TREASURY OF MONEY. Interest in business started in early 17 th century. The federal law on banking passed in 1934 - secrecy of banking was most important. Swiss Banking and World War II.
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WORLD NUMBER ONE TREASURY OF MONEY • Interest in business started in early 17th century. • The federal law on banking passed in 1934 - secrecy of banking was most important.
Swiss Banking and World War II -1940 Hitler was conquering several countries in Europe, so Jews had to find a place to hide. The best option for hiding their money as well, was Switzerland. -Nazi Gold was the name for the money transfer. German people were killing Jews, stealing enormous amounts of money, and held it in Swiss banks.
MAJOR BANKS Union Bank Of Switzerland (UBS) - Founded in 1862. • UBS is present in all major financial centers and has offices in over 50 countries. • UBS employs more than 64,000 people all around the world. Credit Suisse • Founded in 1856. • Its market capitalization is $ 95.2 billion. • Based in Zürich, Credit Suisse Group offers private banking, investment banking and asset management services.
http://www.youtube.com/watch?v=VDGrB5nEYPU&feature=related http://www.youtube.com/watch?v=TmsyxCC4NHY
Besides all other famous Swiss products, watches, cheese, chocolate,…,Business Industry is by far the strongest productive matter.