Second year in a row, Indian funds in Swiss banks rise to 14-yr high in 2021 at Rs. 30,000 crores: Annual data report. Sharp surge in holdings via sec

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The Swiss National Bank’s holdings of U.S. equities hit a record $97.5 billion at the end of last year, helped by surging markets.

The headquarters of Swiss bank Credit Swiss at the Paradeplatz square in Zurich. (Reuters)

UBS said it had been advised by the Justice Department that the law enforcement agency intends to file the civil complaint.

Switzerland's authorities revealed the interest rates Credit Suisse and UBS will pay for the 250 billion Swiss franc emergency lifeline the Swiss banks have been offered....

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