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The thing is with the big Swiss banks like UBS, Credit Suisse etc is they regularly oscillate business models between "We are a full service universal bank" and
by gadders 4y ago
The thing is with the big Swiss banks like UBS, Credit Suisse etc is they regularly oscillate business models between "We are a full service universal bank" and "We are a private bank with a bit of investment banking attached to keep our HNWI clients happy."
Where they are in that cycle typically depends on how much money investment banking/trading made over the previous year or two.
- janeway 4y agoCredit Suisse is a investment bank. UBS is a typical personal bank for majority of Suisse people and they also offer a few personal investment options. They have a separate investment side.
- gadders 4y agoCredit Suisse has a large private banking/wealth management function as well as an investment bank.