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In what year was the Swiss Bank established?

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Credit Suisse was established in 1856, and the Union Bank of Switzerland( UBS) was established in 1862. Swiss Bank Corporation was established in 1872. Swiss National Bank was created in 1906 and became operational in 1907; but Swiss Bank Corporation was merged in the UBS in 1998. read more

Swiss Bank Corporation traces its history to 1854. In that year, six private banking firms in Basel, Switzerland, pooled their resources to form the Bankverein, a consortium that acted as an underwriting syndicate for its member banks. read more

Between 1940 and 1945, the German Reichsbank sold 1.3 billion francs worth of gold to Swiss Banks in exchange for Swiss francs and other foreign currency. Hundreds of millions of francs worth of this gold was monetary gold plundered from the central banks of occupied countries. 581,000 francs of "Melmer" gold taken from Holocaust victims in eastern Europe was sold to Swiss banks. read more

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