By Tatiana Bautzer and Nivedita Balu NEW YORK/ TORONTO, March 20 (Reuters) - Swiss bank UBS Group is facing obstacles in ...

A new national charter allows it to gather deposits and further boost its U.S. presence as it fights over Swiss capital regulations.

Switzerland’s massive financial industry generates economic benefits that include cheaper corporate loans, as cross-border wealth inflows lower bank funding costs, according to Oliver Wyman. “Wealth ...

California progressives are pushing a wealth tax that would skim 5 percent of the assets of billionaires to cover the state government's fiscal gap. That is, it would hit billionaires to start—there's ...

Swiss voters are in favor of squeezing wealthy residents with higher taxes to fund the military and pensions in what could turn into a second attack on large fortunes in less than a year.

A new charter could help advisors keep more client cash on-platform as the Swiss firm tries to reverse recent outflows and recruit in an active market.

Switzerland is doubling down on its status as a rich-friendly haven after rejecting a tax on the ultrawealthy. Despite competition from other countries, one banking executive says it will remain at ...

By Oliver Hirt and Ariane Luthi ZURICH, March 13 (Reuters) - Wealthy individuals are looking to shift assets from the Gulf region to Switzerland as a result of the escalating conflict in the Middle ...

Swiss bank UBS Group is facing obstacles in revamping its U.S. wealth management business after losing billions of dollars in ...