Since Covid 19 and the war in Ukraine the business of Swiss banks is skyrocketing.
We will give you important security criterias to measure if a Swiss banks is safe for your money.
Currently, Swiss banks manage a record amount of about 9,000 billion Swiss francs.
The assets under management are increasing despite the compliance requirements.
According to rumours, some Swiss banks are reducing the bonus amount for bankers introducing risky clients.
If the account application goes back and forward more than 2 times with the compliance department, the banker will receive a smaller bonus payment.
This shows how big the pressure is today within the Swiss private banking industry.
Conflict of interest situations will increase based on such a bonus politic of the banks.
This is just one of the reasons why I prefer appointing independent asset managers instead of leaving the asset management directly to the banks.
Family offices manageing the wealth of super-wealthy families do the same. They appoint several independent asset managers and they compare their results.
Here is the truth. Asset managers are getting better results!
Discover the safety criteria of a bank. How to tell if a bank is safe or unsafe.
00:00 Intro
01:21 Swiss banks for foreigners
02:34 Swiss bank account for non residents
04:08 Which Swiss bank is best for foreigners?
05:57 The best banks for asset protection
08:03 Which banks are the safest Swiss banks?
08:58 Swiss banks like to work with professionals they trust
09:54 There are about 2500 independent asset managers in Switzerland
10:30 Negotiate package pricing
11:17 Check my new Swiss banking directory
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Read the most detailed Swiss bank account opening guide on the internet:
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Find out how to choose an honest financial advisor:
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