Sweden’s largest bank by market value, SEB AB, is opening an office in Zurich to cater to wealthy expatriates from the Nordic region. The first Swedish bank to set up shop in Switzerland, SEB follows a raft of Norwegian rivals that are flocking to the country in the footsteps of their rich countrymen, many of...
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After Credit Suisse collapse Switzerland is now revamping its financial rulebook
Switzerland is accelerating efforts to reform its banking regulations a year after the collapse of Credit Suisse — and handing more power to those who will enforce them. The government is due to unveil long-awaited proposals for legislation in the coming days that are likely to touch on all of the main pillars of bank...