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Swiss Private Bankers Pursue Acquisitions to Solve ‘Growth or Die’ Dilemma

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Swiss private bankers are pursuing acquisitions to boost profits as punitive tax agreements make the nation less attractive for rich foreign clients. Union Bancaire Privee, the Geneva-based firm that ranked among the world’s biggest hedge fund investors as recently as 2008, agreed last month to buy ABN Amro Bank NV’s…

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