Swiss Banks Return To The United States by Julie Zaugg in New York, swissinfo.ch A handful of Swiss banking institutes have started to re-engage with the United States off-shore market – entirely within the law. Their assets under management (AUM) are seeing a spectacular increase. At UBS the AUM has risen 41% over the past five years. Images of a picture-book world are passing by: mountains in the red glow of a sunset, Zurich’s old town, a little red train snaking alongside a turquoise mountain lake, and a pot of cheese fondue. “Switzerland is one of the most successful and…
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