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Credit Suisse bank "please take your money to another bank"

 
Ostria1

User ID: 48107682
Greece
10/09/2013 09:17 AM

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Credit Suisse bank "please take your money to another bank"
Ok this is known from September 25 but it didnt hit the mass media till today in Greece at least.

Credit Suisse decided to close all bank accounts of non-swiss people, with under 1 million swiss franks.
Also it decided to stop accepting clients from some countries entirely, including Congo, Angola, Uzbekistan, Belarus and Turkmenistan.

What they say they want to do, is to focus on "rich and super-rich clients" with balances of at least one million Swiss francs (800,000 euros, $1.1 million).

Small acounts from customers from other countries like Denmark and Israel will be affected too.

The accounts involved would be closed by the end of the year, affecting clients in nearly 50 countries

[link to www.france24.com]

[link to www.marketwatch.com]

It just makes you
scratching
Ostria
Anonymous Coward
User ID: 46850788
Italy
10/09/2013 09:20 AM
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Re: Credit Suisse bank "please take your money to another bank"
Ok this is known from September 25 but it didnt hit the mass media till today in Greece at least.

Credit Suisse decided to close all bank accounts of non-swiss people, with under 1 million swiss franks.
Also it decided to stop accepting clients from some countries entirely, including Congo, Angola, Uzbekistan, Belarus and Turkmenistan.

What they say they want to do, is to focus on "rich and super-rich clients" with balances of at least one million Swiss francs (800,000 euros, $1.1 million).

Small acounts from customers from other countries like Denmark and Israel will be affected too.

The accounts involved would be closed by the end of the year, affecting clients in nearly 50 countries

[link to www.france24.com]

[link to www.marketwatch.com]

It just makes you
scratching
 Quoting: Ostria1


good :) my account still open :D
Ostria1  (OP)

User ID: 48107682
Greece
10/09/2013 09:23 AM

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Re: Credit Suisse bank "please take your money to another bank"
good :) my account still open :D
 Quoting: Anonymous Coward 46850788


hehe but it freaked out many people with less that the money requested.

And i understand that all the pressure swiss banks had the last years to have clean accounts, but i havent heard before a bank to decide to deny money from depositors.
Ostria
Ostria1  (OP)

User ID: 48173133
Greece
10/10/2013 08:27 PM

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Re: Credit Suisse bank "please take your money to another bank"
more news

World likely to have 11 trillionaires within two generations: Credit Suisse

the global wealth pyramid

It’s pretty disconcerting to see over two-thirds of the world’s adults have wealth of less than $10,000, while the wealthiest 0.7% hold 41% of the world’s wealth.

but

“Two generations ahead, future extrapolation of current wealth growth rates yields almost a billion millionaires, equivalent to 20% of the total adult population. If this scenario unfolds, then billionaires will be commonplace, and there is likely to be a few trillionaires too – eleven according to our best estimate.”

[link to blogs.marketwatch.com]
Ostria
Anonymous Coward
User ID: 32478365
United States
10/10/2013 08:32 PM
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Re: Credit Suisse bank "please take your money to another bank"
This move helps keep the US and other grasping countries the hell out of Swiss business.
Ostria1  (OP)

User ID: 48173133
Greece
10/10/2013 08:34 PM

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Re: Credit Suisse bank "please take your money to another bank"
This move keeps the US and other grasping countries the hell out of Swiss business.
 Quoting: American Zombie


This shows that there is something brewing and suiss bank which is the most secure so far takes measures to avoid the traps.
my 2 cents of course
Ostria
Anonymous Coward
User ID: 32478365
United States
10/10/2013 08:40 PM
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Re: Credit Suisse bank "please take your money to another bank"
This move keeps the US and other grasping countries the hell out of Swiss business.
 Quoting: American Zombie


This shows that there is something brewing and suiss bank which is the most secure so far takes measures to avoid the traps.
my 2 cents of course
 Quoting: Ostria1


"About a hundred Swiss banks will avoid prosecution by divulging the names of US clients who have allegedly avoided tax by using secret accounts. The banks could face fines of up to 50 percent of the asset value if they provide full disclosure." [link to rt.com]

I think there may be a typo in the qoute, but you get the picture
Anonymous Coward
User ID: 32478365
United States
10/10/2013 08:42 PM
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Re: Credit Suisse bank "please take your money to another bank"
This move keeps the US and other grasping countries the hell out of Swiss business.
 Quoting: American Zombie


This shows that there is something brewing and suiss bank which is the most secure so far takes measures to avoid the traps.
my 2 cents of course
 Quoting: Ostria1


"About a hundred Swiss banks will avoid prosecution by divulging the names of US clients who have allegedly avoided tax by using secret accounts. The banks could face fines of up to 50 percent of the asset value if they provide full disclosure." [link to rt.com]

I think there may be a typo in the qoute, but you get the picture
 Quoting: American Zombie


If you don't like rt here's a Bloomberg link [link to www.bloomberg.com]
Ostria1  (OP)

User ID: 48173133
Greece
10/10/2013 09:11 PM

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Re: Credit Suisse bank "please take your money to another bank"
This move keeps the US and other grasping countries the hell out of Swiss business.
 Quoting: American Zombie


This shows that there is something brewing and suiss bank which is the most secure so far takes measures to avoid the traps.
my 2 cents of course
 Quoting: Ostria1


"About a hundred Swiss banks will avoid prosecution by divulging the names of US clients who have allegedly avoided tax by using secret accounts. The banks could face fines of up to 50 percent of the asset value if they provide full disclosure." [link to rt.com]

I think there may be a typo in the qoute, but you get the picture
 Quoting: American Zombie


If you don't like rt here's a Bloomberg link [link to www.bloomberg.com]
 Quoting: American Zombie


yes thanks for that, but again we know that the accounts with the big amounts are the ones that are most likely to be "suspected" for illegal activities.

so could this also mean that we could have the suspects who created the scum of the 2008 crisis? but only if their names are required?
Ostria
Anonymous Coward
User ID: 32478365
United States
10/10/2013 09:16 PM
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Re: Credit Suisse bank "please take your money to another bank"
...


This shows that there is something brewing and suiss bank which is the most secure so far takes measures to avoid the traps.
my 2 cents of course
 Quoting: Ostria1


"About a hundred Swiss banks will avoid prosecution by divulging the names of US clients who have allegedly avoided tax by using secret accounts. The banks could face fines of up to 50 percent of the asset value if they provide full disclosure." [link to rt.com]

I think there may be a typo in the qoute, but you get the picture
 Quoting: American Zombie


If you don't like rt here's a Bloomberg link [link to www.bloomberg.com]
 Quoting: American Zombie


yes thanks for that, but again we know that the accounts with the big amounts are the ones that are most likely to be "suspected" for illegal activities.

so could this also mean that we could have the suspects who created the scum of the 2008 crisis? but only if their names are required?
 Quoting: Ostria1


Doubt it. Too many dirty hands in DC.
Ostria1  (OP)

User ID: 48173133
Greece
10/10/2013 09:19 PM

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Re: Credit Suisse bank "please take your money to another bank"
...


"About a hundred Swiss banks will avoid prosecution by divulging the names of US clients who have allegedly avoided tax by using secret accounts. The banks could face fines of up to 50 percent of the asset value if they provide full disclosure." [link to rt.com]

I think there may be a typo in the qoute, but you get the picture
 Quoting: American Zombie


If you don't like rt here's a Bloomberg link [link to www.bloomberg.com]
 Quoting: American Zombie


yes thanks for that, but again we know that the accounts with the big amounts are the ones that are most likely to be "suspected" for illegal activities.

so could this also mean that we could have the suspects who created the scum of the 2008 crisis? but only if their names are required?
 Quoting: Ostria1


Doubt it. Too many dirty hands in DC.
 Quoting: American Zombie


true but you never know.. anyway going to sleep, be well!
hf
Ostria





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