Why Wealthy Americans Love UBS, The Secretive Swiss Banking Giant

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CNBC

CNBC

Күн бұрын

Пікірлер: 399
@AskMiko
@AskMiko Жыл бұрын
This video deliberately leaving out that US citizens must report bank accounts in Switzerland to the federal government is interesting. These banks charge clients for the compilation of documents and sending it to US tax agencies. There are specific types accounts they don’t report such as retirement and special investment accts
@pa5666
@pa5666 Жыл бұрын
I thought the whole point of the video was that US citizens use these banks to hide their money so obviously while it's required that they must report it to the US, what's stopping them from not when the bank will clearly shield them...?
@markfitzpatrick7186
@markfitzpatrick7186 Жыл бұрын
And that the US is the only OECD country that refuses to participate in Common Reporting Standard. This has allowed the US to become the world’s largest tax haven in 8 short years according to Tax Justice Network. CNBC won’t report that - it is a much larger and more serious problem.
@dennisaleander5175
@dennisaleander5175 Жыл бұрын
So American citizens can have a retirement account with a Swiss bank and the Swiss government won’t report the account to the U.S government?
@markfitzpatrick7186
@markfitzpatrick7186 Жыл бұрын
@@dennisaleander5175 there are effectively 3 types of accounts: 2nd pillar is not reported by the financial institutions. These earn almost no interest. US tax rates applied on top of Swiss so these accounts effectively have negative interest rates due solely to US double taxation 3rd pillar is reported and US tax rates are extremely confiscatory. This is an important part of retirement planning and Americans living in Switzerland are effectively barred from participating. Finally there is private investment. These are reported by the financial institutions. Americans may not be able to get these kinds of accounts unless you have at least 250k to invest. US PFIC rules will apply so taxes will be extremely high and filing costs are in the thousands each year so this is not practical for lower net worth individuals.
@AskMiko
@AskMiko Жыл бұрын
@@dennisaleander5175 Yes they can!
@Raymondjohn2
@Raymondjohn2 Жыл бұрын
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..
@hermanramos7092
@hermanramos7092 Жыл бұрын
I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
@lipglosskitten2610
@lipglosskitten2610 Жыл бұрын
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@bob.weaver72
@bob.weaver72 Жыл бұрын
@@lipglosskitten2610 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@lipglosskitten2610
@lipglosskitten2610 Жыл бұрын
@@bob.weaver72 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@bob.weaver72
@bob.weaver72 Жыл бұрын
@@lipglosskitten2610 Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted Catherine’s full name into my browser, and her website came up first in search results. She looks flawless.
@ChLop-zz3lq
@ChLop-zz3lq 2 ай бұрын
Switzerland has now one of the strictest AML regulations in the world and fully reports tax data under fatca and crs. The notion that Switzerland is used for hiding money is at least a decade outdated. However, UBS being this big and international, it excels at diversifying assets and deals globally, attracting money from people who want to diversify their wealth. Yes, this didn't beat the SP500 in the last decade. But it did in the decades before. And it might again.
@jamesturner4683
@jamesturner4683 Жыл бұрын
Like other commenters have written, this video is inaccurate. Banking secrecy for foreign depositors in Switzerland is largely a relic of the past. High fees and low returns mean there is little point having a Swiss account unless you need to do Swiss based transactions. Swiss banks largely trade on an idea of superior quality and service but customers largely get a bad deal.
@TokyoTaisu
@TokyoTaisu Жыл бұрын
Not true, there's a lot more freedom than in the EU and fund costs are 50% those of Luxembourg, which is increasingly focusing on UHNWI 1B USD and up. Together with the flexibility of Liechtenstein Switzerland still has a competitive edge.
@dapred00
@dapred00 Жыл бұрын
@@TokyoTaisu Still, Swiss banking secrecy lost a lot to other banks from remote islands. More freedom than in the EU but a lot less to many others over the world.
@TokyoTaisu
@TokyoTaisu Жыл бұрын
@@dapred00 Like which remote islands exactly?
@MrRooibos123
@MrRooibos123 11 ай бұрын
​@@TokyoTaisuCayman Islands and BVI
@Nobody-ov7cm
@Nobody-ov7cm 10 ай бұрын
​@@dapred00 they dont have a reliable economy like Switzerland there's a risk of losing money
@Failucation
@Failucation Жыл бұрын
Terrible video with no mention of FBAR or FATCA. Clearly very little research was done on the hoops Americans have to jump through when keeping money in foreign bank accounts
@AstaKristjan
@AstaKristjan Жыл бұрын
I am really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
@IrenaDolinsek
@IrenaDolinsek Жыл бұрын
We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.
@LarsBergstrom-uh2eu
@LarsBergstrom-uh2eu Жыл бұрын
@@IrenaDolinsek I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.
@Erinmills98
@Erinmills98 Жыл бұрын
@@LarsBergstrom-uh2eu This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.
@Erinmills98
@Erinmills98 Жыл бұрын
@@LarsBergstrom-uh2eu Oh thanks for the hint. i will look at her page to know more about her services.
@Arcwol
@Arcwol Жыл бұрын
Yeah, because this seems real. Lololol
@nukkun
@nukkun Жыл бұрын
The video makes it sound like tax fraud is the main reason US wealth would be deposited in Switzerland today. That may well have been true 10 years ago, but I seriously doubt that's true since the AEOI agreement of 2017. There might be other reasons, like political stability, perceived safety of the Franc, relative lack of corruption, economic competitiveness...?
@PenStallone-iz5mf
@PenStallone-iz5mf Жыл бұрын
Supreme Court Justices in the US should only have 16 year terms
@julius5632
@julius5632 Жыл бұрын
Actually the US isn't part of the AEIO agreement. But thats due to them having their own system called FATCA (Foreign Account Tax Compliance Act), so your point still holds true.
@nukkun
@nukkun Жыл бұрын
@@julius5632 thanks for the correction. My guess is that the easiest (and legal) way for wealthy Americans to avoid taxes is to own a company and borrow money against the value of the business instead of earning a salary or dividends
@oliver7s
@oliver7s Күн бұрын
yeah Amercia just receives tax information but keeps all the illegal accounts hidden in Delaware
@YourFoodBank
@YourFoodBank Жыл бұрын
Does that include the corporate executives that run CNBC?
@kineticstar
@kineticstar Жыл бұрын
Definitely includes Fox and NewMax executives!
@galupproperties3098
@galupproperties3098 Жыл бұрын
@@RajbirSingh-ul1mw if I can avoid taxes I will too.
@pr0n3
@pr0n3 Жыл бұрын
All mainstream media run by old fossils with agendas. Glad there are better independent news sources around like Breaking Points and The Hill.
@Arcwol
@Arcwol Жыл бұрын
I find it intriguing, yet concerning, how the banks are continually allowed to grow not just in size, but to a scale that deems them 'too big to fail'.
@sachin2842
@sachin2842 Жыл бұрын
rich makes the rules honey
@maxpro751
@maxpro751 Жыл бұрын
It’s just like South Korea, all the large corporations make up more than half of the country’s GDP. They are too big to fail, and the power they have is really immense.
@kaustubhraizada
@kaustubhraizada Жыл бұрын
by one steps banks can stop crony capitalism , stop keeping stocks as guarantee for loans
@sachin2842
@sachin2842 Жыл бұрын
@@kaustubhraizada Y would they cut their own business?
@kaustubhraizada
@kaustubhraizada Жыл бұрын
@@sachin2842 atleast central and public owned banks should stop this , private lenders can do whatever they want and central banks and other financial institutions should decide the valuation of companies
@Redwood4040
@Redwood4040 Жыл бұрын
Small taxes can affect investment decisions such as whether to choose tax-free municipal bonds over taxable bonds or do a Roth IRA conversion. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this without being taxed twice?
@albacus2400BC
@albacus2400BC Жыл бұрын
The greatest method to navigate the stock market right now is with an investment adviser, especially for those who are close to retirement. I've been in contact with a coach for a while now, and I quickly made over $800,000.
@sting_grayl
@sting_grayl Жыл бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@albacus2400BC
@albacus2400BC Жыл бұрын
My consultant is *Sharon Louise Count* She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@sting_grayl
@sting_grayl Жыл бұрын
I Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.
@hellosammy4105
@hellosammy4105 10 ай бұрын
Switch your citizenship.
@adamsimmons7646
@adamsimmons7646 Жыл бұрын
Hey guys, how are you doing with your investments? I know the market has been crazy lately.
@joehopkins9749
@joehopkins9749 Жыл бұрын
@caseymuller3480 That's too bad. I'm doing okay, but I'm not very confident about my portfolio. I feel like I need some professional advice.
@malcolmdoyle5385
@malcolmdoyle5385 Жыл бұрын
You know what, guys? I have something to share with you. I recently started working with Robin Brezik and it has been a game-changer for me.
@adamsimmons7646
@adamsimmons7646 Жыл бұрын
@@malcolmdoyle5385 Really? What do they do?
@malcolmdoyle5385
@malcolmdoyle5385 Жыл бұрын
@@adamsimmons7646 They offer investment advice and help me with my investment goals, building my portfolio and also retirement planning. They are very professional and knowledgeable, and they tailor their services to my needs and preferences..
@malcolmdoyle5385
@malcolmdoyle5385 Жыл бұрын
@Casey Muller well, easy i found them online.
@julius5632
@julius5632 Жыл бұрын
And no mention of FATCA? Thats really mendacious...
@philipwels8480
@philipwels8480 Жыл бұрын
Absolutely 🎉
@pcaso
@pcaso Жыл бұрын
There are better places to hide taxes within US like Delaware and where nothing gets reported.
@emmynem6847
@emmynem6847 Жыл бұрын
Oh my god are you serious!
@5678plm
@5678plm Жыл бұрын
under the mattress too works
@pcaso
@pcaso Жыл бұрын
@@5678plm nopes. Govt can demonitize and make your paper worthless. Numbers can be transferred always from one book to another
@Bambotb
@Bambotb 11 ай бұрын
​@@weird-guyirs have acces everywhere now
@Bulletno
@Bulletno 5 ай бұрын
​@@5678plmat your own risk 😂
@ningyen1444
@ningyen1444 Жыл бұрын
When you invest, you're buying a day you don't have to work
@udehsamuelchidiebere9009
@udehsamuelchidiebere9009 Жыл бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@maxiecharles2842
@maxiecharles2842 Жыл бұрын
You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
@royalhighness8383
@royalhighness8383 Жыл бұрын
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
@royalhighness8383
@royalhighness8383 Жыл бұрын
Learn and trade under a guide I do same and I hardly make losses in the market
@johnchris7085
@johnchris7085 Жыл бұрын
I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this
@starvingbymidnight
@starvingbymidnight Жыл бұрын
I’m really worried about my $10 I have in savings if these banks keeps collapsing 😩
@weird-guy
@weird-guy Жыл бұрын
Be assure it is safe,don't worry 😂
@hellosammy4105
@hellosammy4105 10 ай бұрын
Well, that’s well within the insured limit, so you’re really worrying for nothing. Tell you what. Why don’t you give me $100, and in the event your bank fails and the government doesn’t refund your $10, I’ll return you $150.
@paestum70
@paestum70 Жыл бұрын
And no mention of FATCA whatsoever? Bizarre....
@DionneRabey
@DionneRabey 10 ай бұрын
Engaging in an individual option is fair but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.
@NilsaWilkerson
@NilsaWilkerson 10 ай бұрын
To create high dividends, it’s wrong to engage in a single option rather than diversify into various options with high performance coupled with the aid of a Pro will generate higher dividends
@LynGrengs
@LynGrengs 10 ай бұрын
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@KatrinUriegas
@KatrinUriegas 10 ай бұрын
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@TonyaDepaola
@TonyaDepaola 10 ай бұрын
I am amazed by this, it has rekindled the fire of my goal
@jimbojimbo6873
@jimbojimbo6873 Жыл бұрын
UBSs returns are not lower than other countries thats a lie, they are a wealth manager not an asset manager they can still invest in exactly the same thing. Secondly the fees aren’t as high that’s again a lie, UBS with its scale will easily offer better rates than a Raymond James.
@carlgodfrey4482
@carlgodfrey4482 Жыл бұрын
You know your poor when only big bank you know is Bank of America
@pa5666
@pa5666 Жыл бұрын
😂😂
@5678plm
@5678plm Жыл бұрын
bro 😂😂
@evoniics9572
@evoniics9572 Жыл бұрын
Swiss franc inflation is around 3%. One of the reasons why you should have some money in Switzerland.
@VisionaryPoudel
@VisionaryPoudel Жыл бұрын
11:48 m😊m
@tigerzero9939
@tigerzero9939 Жыл бұрын
Why does a clip of Jean-Claude Trichet stating "we knew Credit Suisse had problems" appear out of nowhere? And why is the british dude's clip pasted onto a fake laptop?
@stephaniehale946
@stephaniehale946 Жыл бұрын
*UBS = United Bandits of Switzerland*
@User-hz5vz
@User-hz5vz 8 ай бұрын
lol
@seb_617
@seb_617 Жыл бұрын
The “Senior Washington Correspondent” should stick to commenting about Washington because he’s clearly out of his depth here. Swiss banking secrecy for US citizens is now largely a thing of the past with e.g., FATCA and there are far better places to park illicit gains, including in Delaware. Let’s stop with the sweeping nonsense that the only reason people would bank in Switzerland is because they want to evade taxes. Expected better from CNBC.
@artsyhyd
@artsyhyd 7 ай бұрын
“In Switzerland u can go to prison for revealing clients’ details!” How good, whereas in my country it’s totally the opposite; they sell the clients details to other companies so easily 😂
@hanskelsen9639
@hanskelsen9639 4 ай бұрын
haha
@nolanlobo3624
@nolanlobo3624 Жыл бұрын
On my laptop watching a guy on a CNBC laptop. Feels illegal. 😂
@miscosas
@miscosas Жыл бұрын
After the swiss banks took hostage or even stole money without any reasons from russian citizens ( not state money ) its the last place on earth where i gonna put a dollar 😂😂
@EpifaniaBonadonna
@EpifaniaBonadonna 3 ай бұрын
great video seen great profit on demo n will give it a try today thank you
@michaela.178
@michaela.178 Жыл бұрын
At best, this piece is really poorly researched, having worked for various Swiss banks including UBS and CS I can tell that specifically US citizens are neither able nor welcomed to hide funds. The US managed to dislodge Swiss banking secrecy for individuals with US exposure - hence these better bring a lot of funds to make it worth the special setting and the headache that comes with it. Some banks might decline at all. Swiss bankers like to point out that some US states nowadays provide more secrecy. Also, the purchase of CS by UBS with its pretext and consequences is not represented accurately.
@ameenahnadirah8895
@ameenahnadirah8895 6 ай бұрын
Thanks for the accurate information...do you still work for the banks in Switzerland ?
@LisaWhite-ln2hh
@LisaWhite-ln2hh 4 ай бұрын
@michaela.178 Thanks for your message. I would like to know how I should open my account at UBS. I am planning to move to Switzerland. But I don't know anything about it.
@michaela.178
@michaela.178 4 ай бұрын
@@LisaWhite-ln2hh Well, as far as I know, all the big banks (if not all) require you to show up in person and they will require the usual stuff - Id, Swiss address (implies imigration paperwork), and most certainly a a work contract or the like. Can't tell from personal experience, but if you're bringing a large lump of cash they might proceed without the work contract ;). But, if you're from the US - then things get more complicated, no idea but there msut be an expat forum for that
@LisaWhite-ln2hh
@LisaWhite-ln2hh 4 ай бұрын
@michaela.178 Thank you so much for telling me this. Can you help me understand this when I arrive in Switzerland? If you have time I would like to invite you to lunch when I arrive in Switzerland. I would like to learn more from you.
@LisaWhite-ln2hh
@LisaWhite-ln2hh 4 ай бұрын
@@michaela.178 I hope you will accept my invitation and tell me more about this place.
@keepitraw1
@keepitraw1 9 ай бұрын
I work at ubs, they talk a lot of bs in this video in the first minutes
@saltymonke3682
@saltymonke3682 Жыл бұрын
So what if people hide their hard-earned money from governments who have spending problems.
@hellosammy4105
@hellosammy4105 10 ай бұрын
Noooo. It’s greedy and selfish of you not to pay for the excesses of your fellow citizens and leaders. Shame on you!
@saltymonke3682
@saltymonke3682 10 ай бұрын
@hellosammy4105 ah yes, selfish for keeping my own fruits of hard work from useless politicians with even more useless programs
@IM2357
@IM2357 Жыл бұрын
Can anyone anywhere open a Swiss account if you have like a million dollars to hide?
@aakksshhaayy
@aakksshhaayy Жыл бұрын
You can open even if you don't have millions.. I have a account with UBS
@SKAOG21
@SKAOG21 Жыл бұрын
@@aakksshhaayy depends on your residency. In terms of UBS, some countries have low requirements, while some require millions.
@TokyoTaisu
@TokyoTaisu Жыл бұрын
If you have a friend you can get with a million dollars. Without friends takes about 5 million dollars.
@caroleekeith2823
@caroleekeith2823 Жыл бұрын
Fascism by any other name is still fascism.
@seazea1941
@seazea1941 Жыл бұрын
I used to be really big into finance and banking..... I'm not really sure what happened but all of a sudden. I just lost interest.😂😂😂😂😂
@seazea1941
@seazea1941 Жыл бұрын
Lmfao
@trails3597
@trails3597 Жыл бұрын
It all seems caged in buzzwords and nebulous talk.
@steve0003
@steve0003 Жыл бұрын
UBS needs to look at customer service and development for further growth more not the past.
@shiva_689
@shiva_689 Ай бұрын
The three keys of UBS: security, trust and discretion or STD for short :D
@happytractors780
@happytractors780 6 ай бұрын
Weird as UBS SFA was sold to Vontobel a few years ago. Yes there are UBS American Advisory services. But UBS -sfa no longer exists.
@FBAagent
@FBAagent Жыл бұрын
It’s hard to follow the french dudes speaking. I am wondering how does his clients deal with his voice 😂😂😂
@kaystephan2610
@kaystephan2610 29 күн бұрын
Pretty sure banks in Switzerland have to report all kinds of things to government authorities just like banks in any other country. KYC is basically enforced everywhere. And if a bank would refuse to enforce KYC they'd simply be excluded from the banking system. Apparently in the past (I'm 25 so I don't have first hand experience lol) "numbered Bank accounts" were a thing? Like in the 70s? Maybe 80s? Where you opened an account and all you had was a number but the bank didn't actually know who tf you were? All they knew was "Here is this account and money goes in and money goes out and if someone with that number autorized a transaction we do it" but they had zero knowledge of ANYTHING. Also banks and governments worked together much less in general. But that stuff is far in the past. In today's digital and connected world, international communication is EVERYWHERE. Doesn't matter if you have some shell company in Bermuda. The bank there has to take your info and here they realize "Ah okay the person opening the account is from Spain" and then they will automatically send all info regarding that account to spanish tax authorities. Congrats. Whole lotta effort for nothing lol. The only way that I can think of on how someone could hide their wealth is by going to a bank (MAYBE a suiss one?) as a "High Networth Individual" and then you strike a deal with some high animal in that bank to make a secret account that they simply don't report? But I'd imagine that this is probably not even possible and also it would be super illegal for anyone involved lol. Plus IF this were possible and are ARE using it, you can now be blackmailed. "Do this for me or I tell the governments that you had a secret bank account for the past 5 years and evaded X Millions of dollars in taxes". Doesn't really sound worth it. Especially cause the super wealthy have enough loopholes to "evade" taxes. So in short: swiss banks are no different from any other bank.
@Continentalmunkey88
@Continentalmunkey88 8 ай бұрын
Continental Market directives - Realistically , give public has about 121 days per year ( 365 days ) of positive market impetus, (about one joy per 3 days or 72 hours), (like a rampup and ramp down of dopamine)
@FreeSoul76
@FreeSoul76 Жыл бұрын
USA is not stable country anymore 😂😂😂😂
@BrandonClark-StocksPassports
@BrandonClark-StocksPassports Жыл бұрын
I have a UBS account. Love em
@LisaWhite-ln2hh
@LisaWhite-ln2hh 4 ай бұрын
@BrandonClark-StocksPassports I'm from the UK. How do I open a UBS account?
@TonyAlbertson-v7z
@TonyAlbertson-v7z 18 күн бұрын
Hi. I'm from Philippines and I am so amaze to watch this video. Im beginner trader. More videos to watch from you.
@christheswiss390
@christheswiss390 5 ай бұрын
What this video COMPLETELY omits is the role the US government played in beating up on the world-class banks of Switzerland to strong-arming those account holders to repatriate their holdings UBS and CS assets back to US banks and therefore steal market share from those dominant Swiss banks in the process. Somehow, the content provider completely "overlooked" this strategic power grab by the US. I wonder how that happens... At the same time, he allows only a US government employee (their interests are stated above) to expand on the US narrative to the unsuspecting viewers here. Not exactly good journalism, is it? The most secretive financial transactions today, far removed from the prying eyes of the public, happen in Delaware, the Bahamas, the Cayman Islands as well as US controlled territories. In addition, while the US clamped down severely on Switzerland as the big bully it usually like to be, it keeps VERY noticeably quiet about the English Channel territories, whose main claim to fame is now being the world's 2nd largest secretive bank holdings and transactions region (after the US) that would make this content provider blush if he had just an inkling of what is going on there and how massive amounts of funds are being stowed away from public eyes and secretive transactions are legalized there. But then, the UK is part of the five-eyes group that work together to supposedly ensure "the safety of the free world" and mutually protect its other interests (such as secretive banking?). What a coincidence, then, that banking powerhouse Switzerland is not part of the five-eyes group. hmmm - I wonder if anyone can connect the dots. It must be extremely difficult, right? But by all means, bring on yet another video on the nasty Swiss Banking industry (despite its massive, 20-year long clean-up efforts) for the umpteenth time. The US and British governments yelp gleefully every time some content provider digs out this old can of worms, ensuring they NEVER actually go looking where the secretive banking has NOW moved to since the US led the coup to retake it from the Swiss banks. Do YOU have the guts to go look? It's one thing to rehash old stories from a small country that poses no threat to you. But what If you did the same to uncover the truth about who does the secretive banking nowadays? I won't hold my breath, though... 🤣🤣
@Clonez-sr7to
@Clonez-sr7to Жыл бұрын
How about cover how UBS is being sued for breaking the law as we speak.
@AleksandrGorbachev-f3t
@AleksandrGorbachev-f3t 3 ай бұрын
Thanks becuz you could be helping me in another way…. Because I get a lot of negativity from a lot of people. I haven’t found anyone that believes in me and I get profits.🐕
@AhmadDavoodii
@AhmadDavoodii 3 ай бұрын
Your advice has been invaluable in helping me improve my trading results. I followed your tips and got 10 out of 12 - a great result for me. Your expertise is truly appreciated🍊
@NtmiD8r
@NtmiD8r 4 ай бұрын
The background checks one needs to go through to get a swiss bank account has chased most of the questionable investors away to thr Caymans or the BVI. This is just poor journalism.
@AlexanderWilliams-i8n
@AlexanderWilliams-i8n 22 күн бұрын
Thompson Melissa Martinez Betty Jackson Sandra
@davidhogger4498
@davidhogger4498 Жыл бұрын
Quite a judgemental, one-sided and poorly researched video. Leaving out all major changes on how the banking secrecy was lifted and on how tax relevant information is automatically shared with foreign government organizations such as the IRS. I guess it is always easier to play the blame game on foreign companies than e.g. shed some light on all the misconduct of the few global banks that all reside in the same country as does this news channel.
@adrianheberlein6861
@adrianheberlein6861 Ай бұрын
Eamon Kanors’ statements are unfounded and untrue. It is bad that such person can speak at such broadcasts.
@JanAyrton-i4g
@JanAyrton-i4g 4 ай бұрын
Thank you for helping people achieve financial freedom through trading.
@KIRRAH1
@KIRRAH1 3 ай бұрын
American beurocrats are bitter that Swiss banks are providing better services
@dr_flunks
@dr_flunks 8 ай бұрын
i hate them. they are shady and prevented me from having beneficiary on an employer account. they were just going to give my kids inheritence to the governemnt.
@savannahmiddlefield616
@savannahmiddlefield616 Жыл бұрын
Hmmm banking become monopoly entities. Please keep banking with more choices.
@TokyoTaisu
@TokyoTaisu Жыл бұрын
Basically a cycle that happens everywhere, with money, power, etc. Everything concentrates, then it blows up, fragments, and concentration starts again.
@bbsara0146
@bbsara0146 5 ай бұрын
Yea its good if your a russian oligarch or african aristocracy. but if you are a US citizen a ton of swiss banks want nothing to do with you
@marlandodaubon21
@marlandodaubon21 Жыл бұрын
Best bank ever
@adrianheberlein6861
@adrianheberlein6861 Ай бұрын
Swiss banks are bound to the same rules as other banks in the IS for US clients.
@taaest-xek
@taaest-xek Ай бұрын
There is no banking secrecy , they forgot about fatca lol
@kaizentradersl
@kaizentradersl 6 ай бұрын
Tnq ❤
@windy-cities-finnest
@windy-cities-finnest 2 ай бұрын
I have alot of questions with my bank in rockford il
@codeblue9004
@codeblue9004 2 ай бұрын
Secretive? I had an account with UBS here in Switzerland. They weren’t secretive with me.
@LeviMartin-mf5rp
@LeviMartin-mf5rp 3 ай бұрын
you are a great professional, I hope you can get even more money
@FxGamerz
@FxGamerz Ай бұрын
video sponsored by the state of Delaware
@kucingkerong1397
@kucingkerong1397 7 ай бұрын
wealth management = money laundering ?
@Justin-l2j
@Justin-l2j 22 күн бұрын
Recovered from 2008 haha
@Saigon1969
@Saigon1969 5 ай бұрын
Because this bank is a black market bank.
@NancyJackson-j8b
@NancyJackson-j8b 10 күн бұрын
Alanis Parkways
@juanpuebloknowyumama3831
@juanpuebloknowyumama3831 4 ай бұрын
Im here 14 months later trying to figure out how ubs bank are holding Gme stock for long time? How can be possible all this time+ may 31th is coming people 😮
@LisaWhite-ln2hh
@LisaWhite-ln2hh 4 ай бұрын
@juanpuebloknowyumama3831 This topic is very interesting. How do you know about this? I would like to learn more from you.
@beachboys1991
@beachboys1991 Ай бұрын
People like Eamon Javers are the reason why Swiss banking works. Many American bankers have no understanding of international diversification and therefore do not bring any stability to their clients portfolios. While it is true that in good years you probably will get a better return in the US, in bad years, you will lose much more when being fully invested in the US market only. Additionally, Americans with Swiss bank accounts appreciate that the Swiss banks do not sell their data to third party providers as is oftentimes the case in the US.
@DanielWoods-ed3om
@DanielWoods-ed3om 3 ай бұрын
I clicked immediately this notification popped. So excited to learn from you
@JorginhoDias-v1h
@JorginhoDias-v1h 3 ай бұрын
Thanks for the video, It works with minor adjustments, First I added the Demarker (7) indicator, then I put the 70 to 60 on the Rsi because it will either touch the 50 or 60. Great with OTC trades as well. Also just changed the 30 sec chart to 1 min and 1 min time to 2 min chart. Same concept!
@vittoriogiatti
@vittoriogiatti 21 күн бұрын
*loved
@wilburjackson8930
@wilburjackson8930 2 ай бұрын
I can prove it
@dank9337
@dank9337 10 ай бұрын
My boys and I hate UBS
@leviscrool
@leviscrool 11 ай бұрын
I've been researching investment brokers and I'm really interested in working with someone trustworthy and reliable. With the recent market downturn I'm looking for a broker who can help me turn things around and make a profit Can anyone tell me about their experiences with any investment advisor..
@АгафонАльтовский
@АгафонАльтовский 4 ай бұрын
I've been procrastinating on starting my trading career, but your video made me realize that there's no time like the present. Thank you for the motivation!
@marykennedy8971
@marykennedy8971 4 ай бұрын
YOUR PASSION FOR TRADING IS CONTAGIOUS! WATCHING YOUR VIDEOS MAKES ME EXCITED TO DIVE DEEPER INTO THE WORLD OF TRADING.😂
@vandietopia6803
@vandietopia6803 8 ай бұрын
Saya memiliki Entah emas asli atau palsu tp bertuliskan UBS UBG UNION BAMK SWITZERLAND GOLD 999.9 R.2743 SWISS
@sitrakaforler8696
@sitrakaforler8696 7 ай бұрын
FACTA CRS should have been a subject in this video.....
@Continentalmunkey88
@Continentalmunkey88 8 ай бұрын
US sector 53 trillion, crown panes 121 trillion, global is 583 trillion but its all static frozen baselines
@lancestevenson9523
@lancestevenson9523 Жыл бұрын
Consolidation for a fraction of the price of a real m&a. Anticompetitive. The hsbc svb and ubs ca acquisitions are borderline “loans for shares” scheme era indicators. The currency is becoming devalued but the underlying asset is worth much more
@MariyaAndreeva-y9d
@MariyaAndreeva-y9d 3 ай бұрын
Very clear and useful information, thank you for such high-quality content.
@СвятославИволгин
@СвятославИволгин 3 ай бұрын
Thankyou so much for presenting us this site. You are the creator we needed for real for real
@EleanorCarroll-b8w
@EleanorCarroll-b8w 3 ай бұрын
Эх, у меня одна невезуха, а ты тащишь офигеть как. значит я чето делаю не так((🗽
@kilomisterr
@kilomisterr Жыл бұрын
Why USA loves UBS and starts with Russian Oligarchs! 😮😮
@americancivicsinstitute6801
@americancivicsinstitute6801 Жыл бұрын
JAK
@del7i540
@del7i540 5 ай бұрын
UBS has changed and is WOKE now, focused on global DEI. (diversity, equity and inclusion). They are also involved in many sketchy financial transactions. Not even sure how many former Paine Webber brokers are there still after UBS bought them. Do your homework before doing business with UBS; there may be better options out there.
@AntigonoJaramillo
@AntigonoJaramillo 4 ай бұрын
Been wanting this video for so long, thank you soo much !! Love from India
@judyl.7811
@judyl.7811 Жыл бұрын
0:10 Swiss bankers are successful for their swiss proposition: 2:55 Its logo: security, trust, and discretion 謹慎 1:45 paying more and earning less for a reason. 2:10 half of the invested wealth assets are from USA. 3:20 global systematically important bank. 4:50 wipe out the CS bonds and governmental loss. 5:40 risky instruments: contingent convertible = additional tier 1 debt. 7:45 the flagship wealth management arm. 8:50 stability and risk aversion. 11:30 we are at the beginning of a new phase.
@User-hz5vz
@User-hz5vz 8 ай бұрын
You're a genius judy
@ravindertalwar553
@ravindertalwar553 Жыл бұрын
Regards From RAVINDER TALWAR JALANDHAR CITY PUNJAB INDIA
@JHatLpool
@JHatLpool Жыл бұрын
A good report.
@moonyrob2446
@moonyrob2446 Жыл бұрын
Hahahahahaha 😂😅 more and more PROPAGAND4 🤣🤡
@iknujbyhvtgcrfxedw-nb6ew
@iknujbyhvtgcrfxedw-nb6ew Жыл бұрын
respect
@ThiFonseca-ct4xy
@ThiFonseca-ct4xy Жыл бұрын
Der Kryptomarkt ist seit Monaten ungünstig und ich verliere immer wieder mein Geld, indem ich es bei Abschwüngen verkaufe. Ich habe im Moment große Angst davor, es zu halten. Wie verdient ihr denn immer noch so viel?
@stevankohn
@stevankohn Жыл бұрын
Sich ohne die Hilfe eines Profis in die Handelswelt zu wagen, zu handeln und Gewinne zu erwarten, ist, als würde man Wasser in Wein verwandeln. Dafür bräuchte es ein Wunder. Deshalb handele ich mit Frau Norah Kelly, deren Fähigkeiten außergewöhnlich sind?
@JavierSantiago-le1lc
@JavierSantiago-le1lc Жыл бұрын
Wenn Sie investieren, kaufen Sie einen Tag, Sie müssen nicht arbeiten, denn das Investieren bei Norah Kelly ist das Schönste im Leben
@stevankohn
@stevankohn Жыл бұрын
Sie interagiert häufig per Telegram und verwendet dabei den unten genannten Benutzernamen.
@stevankohn
@stevankohn Жыл бұрын
kellyglobetrade
@stevankohn
@stevankohn Жыл бұрын
Das ist ihr Benutzername
@bassoonplayer
@bassoonplayer 10 ай бұрын
if swiss banks now report data to IRS, what's the point of having one now?
@alcapone2757
@alcapone2757 Жыл бұрын
Such a biased video from Americans LOL
@pleroma5924
@pleroma5924 Жыл бұрын
UBS and Rothschild BANK are AWESOME
@tombarse7252
@tombarse7252 Жыл бұрын
Might as well of had cramer narrate this, start the clock for the ubs collapse.
@4Realkevv
@4Realkevv Жыл бұрын
Good for them they taxes us but dont put the money use were it needs to be putt
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