Bank of Switzerld Swiss Bank Corp.) Union Bank of Switzerland (Merged in 1998 with Swiss Bank Corporation) Union Bank of Switzerland (originally Swiss Banking Association, merged 1912) Aargauische Kreditanstalt (merged 1915, acq. . "Switzerland to Allow Its Banks to Disclose Hidden Client Accounts". The Swiss government sold its CHF 6 billion stake in UBS in late 2008 at a large profit; Switzerland had purchased convertible notes in 2008 to help UBS clear its balance sheets of toxic assets. "How do I open a Swiss bank account, and what makes them so special?". Grübel, former Group CEO, the code is "an integral part of changing the way UBS conducts business". Retrieved b Truell, Peter.
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184 UBS employees are prohibited from discussing client activity or information publicly, sharing information across borders, retaining client information insecurely and required to maintain robust bank-client confidentiality agreements. Werdigier, Lynnley Browning and Julia (May 29, 2013). Retrieved "UBS wins Best Global Bank and Best Bank in Switzerland". Retrieved "Axel Weber to be nominated for election to UBS Board of Directors in 2012 and to be appointed Chairman in 2013". M (Gain Capital) 2018. Sergio Ermotti, chief executive of UBS Group AG, in a 2018 interview with Bloomberg Markets nb 5 Hidden assets edit UBS, along with other Swiss banks, maintains a variety hidden assets and numbered bank accounts in an effort to preserve anonymity and confidentiality. "UBS to Cut 3,500 Jobs, Half in Investment Banking". The Union Bank of Switzerland emerged in 1912 when the Bank in Winterthur fused with the Toggenburger Bank. Retrieved "UBS fined.5bn for Libor rigging". 58 After the new bank started with an initial commitment of CHF 30 million and CHF 6 million of share capital, it soon experienced growing pains when heavy losses in Germany caused it to suspend its dividend until 1879.