Petro-Dollars Fuel Swiss Private Banking Boom

Swiss private banks are benefiting from a surge in money from the oil-rich Middle East, according to a study by HSBC. The study, entitled “It is the return of the pink Rolls-Royce”, said oil money....

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By: Contributing Editor
October 24, 2005
Swiss private banks are benefiting from a surge in money from the oil-rich Middle East, according to a study by HSBC. The study, entitled “It is the return of the pink Rolls-Royce”, said oil money....