Swiss banks belong to the category of private banks. The minimum requirement for opening an account is that the amount of customer accounts served by private banks must reach at least 6,543,800 yuan of financial assets or the equivalent foreign currency of more than 2 million dollars.

The contents of private banking services are very extensive, including asset management services, insurance services, trust services, tax consultation and planning, heritage consultation and planning, real estate consultation and so on. Every client has a dedicated wealth management team, including accountants, lawyers, financial management and insurance consultants.

Generally speaking, private banks provide customers with one-to-one full-time account managers, and each account manager is supported by an investment team. Through an account manager, customers can manage various financial assets distributed in money market, capital market, insurance market, fund market, real estate, bulk commodities, private equity and so on.

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Organizational structure of Swiss banks

It consists of ubs warburg, UBS Institutional Asset Management and UBS Swiss Private Bank. By 2007, UBS Institutional Asset Management Company had more than $65,438+0 trillion in customer assets. In 2000, UBS acquired Pratt & Whitney, the fourth largest securities broker in the United States.

The Bank has 285 offices (including institutions) in China, 16 holding subsidiaries and similar subsidiaries. There are 2 1 representative offices, 9 branches, 13 sub-banks and similar sub-banks holding major shares, as well as some banks with shares. In addition, the bank also controls or shares in some companies. The highest decision-making body of a bank is the board of directors.

Reference: Baidu Encyclopedia-Private Bank

Baidu Encyclopedia-UBS Group AG