Asel

Introduction Private banking offers specialized services for high-income individuals who need personalized financial solutions. These exclusive services go beyond what traditional banks provide, catering to clients with complex financial needs. Private banks offer a wide range of services, including wealth management, investment advice, lending, estate planning, and asset management. A Brief History The roots of

On July 29, 2024, the Financial Market Authority of Liechtenstein (FMA) announced the revocation of Banque Havilland (Liechtenstein) AG’s banking license. The decision for voluntary liquidation, made at an extraordinary general meeting on July 26, surprised clients and the financial community. Many market players had expected the bank, managing assets worth CHF 1.6 billion, to

Switzerland’s reputation as a business haven is firmly rooted in its stable and competitive tax system. However, 2024 marks a turning point. The implementation of the OECD’s global minimum tax and ongoing cantonal tax reforms are reshaping the rules of the game. This comprehensive guide will break down the Swiss tax system, explain the implications

Banque Havilland: Facing Turbulent Times and Regulatory Scrutiny According to a report by finews.com, Banque Havilland might be facing a potential revocation of its operating license by the European Central Bank (ECB) and Luxembourg’s financial supervisory authority. The bank’s subsidiaries in Liechtenstein and Switzerland are reportedly experiencing partial operational restrictions, possibly due to officially mandated