Wealth and Asset Management
Swiss Private Banks May Lose $51 Billion in German, U.K. Assets
Swiss wealth managers may lose about 47 billion Swiss francs ($51.1 billion) in assets as clients make withdrawals before tax agreements with Germany and the U.K. come into force in 2013, according to a Booz & Co. study. Outflows will probably increase over the next 18 months until early 2013,…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Business Week