Fiduciary Deposits Rise in Switzerland

Fiduciary transactions at Swiss banks rose 24 per cent in 2005 to SFr512 billion ($391.8 billion), according to the Swiss National Bank. The rise was driven by non-resident accounts, which accounted....

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By: Toni Blake
February 20, 2006
Fiduciary transactions at Swiss banks rose 24 per cent in 2005 to SFr512 billion ($391.8 billion), according to the Swiss National Bank. The rise was driven by non-resident accounts, which accounted....