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Article: THE MONEY CENTER.(Geneva, Switzerland remains private banking capital of the world)
- Article from:
- Swiss News
- Article date:
- April 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Swiss News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fashion in Paris, auctions in London, banking in Switzerland, of course... A home to private banking for the seriously rich, tax conscious or just performance-oriented investor, Switzerland remains the private banking capital of the world. In particular, the city of Geneva, whose banks date back to the 15th century, is synonymous with wealth management.
While Paris is the home of haute couture, and London the capital of the art and antique auction world, there is really only one destination for private banking--Switzerland. Those seeking the safest haven for their money choose Switzerland, even though safety is no longer the primary driver behind private banking ...