This video deliberately leaving out that US citizens must report bank accounts in Switzerland to the federal government is interesting. These banks charge clients for the compilation of documents and sending it to US tax agencies. There are specific types accounts they don’t report such as retirement and special investment accts
@pa5666
Жыл бұрын
I thought the whole point of the video was that US citizens use these banks to hide their money so obviously while it's required that they must report it to the US, what's stopping them from not when the bank will clearly shield them...?
@markfitzpatrick7186
Жыл бұрын
And that the US is the only OECD country that refuses to participate in Common Reporting Standard. This has allowed the US to become the world’s largest tax haven in 8 short years according to Tax Justice Network. CNBC won’t report that - it is a much larger and more serious problem.
@dennisaleander5175
Жыл бұрын
So American citizens can have a retirement account with a Swiss bank and the Swiss government won’t report the account to the U.S government?
@markfitzpatrick7186
Жыл бұрын
@@dennisaleander5175 there are effectively 3 types of accounts: 2nd pillar is not reported by the financial institutions. These earn almost no interest. US tax rates applied on top of Swiss so these accounts effectively have negative interest rates due solely to US double taxation 3rd pillar is reported and US tax rates are extremely confiscatory. This is an important part of retirement planning and Americans living in Switzerland are effectively barred from participating. Finally there is private investment. These are reported by the financial institutions. Americans may not be able to get these kinds of accounts unless you have at least 250k to invest. US PFIC rules will apply so taxes will be extremely high and filing costs are in the thousands each year so this is not practical for lower net worth individuals.
@AskMiko
Жыл бұрын
@@dennisaleander5175 Yes they can!
@Raymondjohn2
Жыл бұрын
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..
@hermanramos7092
Жыл бұрын
I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
@lipglosskitten2610
Жыл бұрын
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@bob.weaver72
Жыл бұрын
@@lipglosskitten2610 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@lipglosskitten2610
Жыл бұрын
@@bob.weaver72 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@bob.weaver72
Жыл бұрын
@@lipglosskitten2610 Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted Catherine’s full name into my browser, and her website came up first in search results. She looks flawless.
@jamesturner4683
Жыл бұрын
Like other commenters have written, this video is inaccurate. Banking secrecy for foreign depositors in Switzerland is largely a relic of the past. High fees and low returns mean there is little point having a Swiss account unless you need to do Swiss based transactions. Swiss banks largely trade on an idea of superior quality and service but customers largely get a bad deal.
@TokyoTaisu
Жыл бұрын
Not true, there's a lot more freedom than in the EU and fund costs are 50% those of Luxembourg, which is increasingly focusing on UHNWI 1B USD and up. Together with the flexibility of Liechtenstein Switzerland still has a competitive edge.
@dapred00
Жыл бұрын
@@TokyoTaisu Still, Swiss banking secrecy lost a lot to other banks from remote islands. More freedom than in the EU but a lot less to many others over the world.
@TokyoTaisu
Жыл бұрын
@@dapred00 Like which remote islands exactly?
@MrRooibos123
9 ай бұрын
@@TokyoTaisuCayman Islands and BVI
@Nobody-ov7cm
9 ай бұрын
@@dapred00 they dont have a reliable economy like Switzerland there's a risk of losing money
@AstaKristjan
Жыл бұрын
I am really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
@IrenaDolinsek
Жыл бұрын
We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.
@LarsBergstrom-uh2eu
Жыл бұрын
@@IrenaDolinsek I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.
@Erinmills98
Жыл бұрын
@@LarsBergstrom-uh2eu This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.
@Erinmills98
Жыл бұрын
@@LarsBergstrom-uh2eu Oh thanks for the hint. i will look at her page to know more about her services.
@Arcwol
Жыл бұрын
Yeah, because this seems real. Lololol
@Arcwol
Жыл бұрын
I find it intriguing, yet concerning, how the banks are continually allowed to grow not just in size, but to a scale that deems them 'too big to fail'.
@sachin2842
Жыл бұрын
rich makes the rules honey
@maxpro751
Жыл бұрын
It’s just like South Korea, all the large corporations make up more than half of the country’s GDP. They are too big to fail, and the power they have is really immense.
@kaustubhraizada
Жыл бұрын
by one steps banks can stop crony capitalism , stop keeping stocks as guarantee for loans
@sachin2842
Жыл бұрын
@@kaustubhraizada Y would they cut their own business?
@kaustubhraizada
Жыл бұрын
@@sachin2842 atleast central and public owned banks should stop this , private lenders can do whatever they want and central banks and other financial institutions should decide the valuation of companies
@Redwood4040
Жыл бұрын
Small taxes can affect investment decisions such as whether to choose tax-free municipal bonds over taxable bonds or do a Roth IRA conversion. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this without being taxed twice?
@albacus2400BC
Жыл бұрын
The greatest method to navigate the stock market right now is with an investment adviser, especially for those who are close to retirement. I've been in contact with a coach for a while now, and I quickly made over $800,000.
@sting_grayl
Жыл бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@albacus2400BC
Жыл бұрын
My consultant is *Sharon Louise Count* She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@sting_grayl
Жыл бұрын
I Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.
@hellosammy4105
9 ай бұрын
Switch your citizenship.
@adamsimmons7646
Жыл бұрын
Hey guys, how are you doing with your investments? I know the market has been crazy lately.
@joehopkins9749
Жыл бұрын
@caseymuller3480 That's too bad. I'm doing okay, but I'm not very confident about my portfolio. I feel like I need some professional advice.
@malcolmdoyle5385
Жыл бұрын
You know what, guys? I have something to share with you. I recently started working with Robin Brezik and it has been a game-changer for me.
@adamsimmons7646
Жыл бұрын
@@malcolmdoyle5385 Really? What do they do?
@malcolmdoyle5385
Жыл бұрын
@@adamsimmons7646 They offer investment advice and help me with my investment goals, building my portfolio and also retirement planning. They are very professional and knowledgeable, and they tailor their services to my needs and preferences..
@malcolmdoyle5385
Жыл бұрын
@Casey Muller well, easy i found them online.
@nukkun
Жыл бұрын
The video makes it sound like tax fraud is the main reason US wealth would be deposited in Switzerland today. That may well have been true 10 years ago, but I seriously doubt that's true since the AEOI agreement of 2017. There might be other reasons, like political stability, perceived safety of the Franc, relative lack of corruption, economic competitiveness...?
@PenStallone-iz5mf
Жыл бұрын
Supreme Court Justices in the US should only have 16 year terms
@julius5632
Жыл бұрын
Actually the US isn't part of the AEIO agreement. But thats due to them having their own system called FATCA (Foreign Account Tax Compliance Act), so your point still holds true.
@nukkun
Жыл бұрын
@@julius5632 thanks for the correction. My guess is that the easiest (and legal) way for wealthy Americans to avoid taxes is to own a company and borrow money against the value of the business instead of earning a salary or dividends
@ningyen1444
Жыл бұрын
When you invest, you're buying a day you don't have to work
@udehsamuelchidiebere9009
Жыл бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@maxiecharles2842
Жыл бұрын
You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
@lindapoplin7150
Жыл бұрын
It's not ignorance but due to some unprofessional broker in the market
@royalhighness8383
Жыл бұрын
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
@royalhighness8383
Жыл бұрын
Learn and trade under a guide I do same and I hardly make losses in the market
@ChLop-zz3lq
Ай бұрын
Switzerland has now one of the strictest AML regulations in the world and fully reports tax data under fatca and crs. The notion that Switzerland is used for hiding money is at least a decade outdated. However, UBS being this big and international, it excels at diversifying assets and deals globally, attracting money from people who want to diversify their wealth. Yes, this didn't beat the SP500 in the last decade. But it did in the decades before. And it might again.
@YourFoodBank
Жыл бұрын
Does that include the corporate executives that run CNBC?
@kineticstar
Жыл бұрын
Definitely includes Fox and NewMax executives!
@galupproperties3098
Жыл бұрын
@@RajbirSingh-ul1mw if I can avoid taxes I will too.
@pr0n3
Жыл бұрын
All mainstream media run by old fossils with agendas. Glad there are better independent news sources around like Breaking Points and The Hill.
@pcaso
Жыл бұрын
There are better places to hide taxes within US like Delaware and where nothing gets reported.
@emmynem6847
Жыл бұрын
Oh my god are you serious!
@5678plm
Жыл бұрын
under the mattress too works
@pcaso
Жыл бұрын
@@5678plm nopes. Govt can demonitize and make your paper worthless. Numbers can be transferred always from one book to another
@Bambotb
9 ай бұрын
@@weird-guyirs have acces everywhere now
@Bulletno
4 ай бұрын
@@5678plmat your own risk 😂
@julius5632
Жыл бұрын
And no mention of FATCA? Thats really mendacious...
@philipwels8480
Жыл бұрын
Absolutely 🎉
@user-rt9eu1fj3f
9 ай бұрын
Engaging in an individual option is fair but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.
@NilsaWilkerson
9 ай бұрын
To create high dividends, it’s wrong to engage in a single option rather than diversify into various options with high performance coupled with the aid of a Pro will generate higher dividends
@LynGrengs
9 ай бұрын
Do not lay your eggs in one basket.” I engage on various options with the aid of my pro, *JENNY PAMOGAS CANAYA* and so far have acquired so-much
@KatrinUriegas
9 ай бұрын
I just searched *JENNY PAMOGAS CANAYA* out of curiosity, her profound dexterity looks too ideal for everyone on board!
@TonyaDepaola
9 ай бұрын
I am amazed by this, it has rekindled the fire of my goal
@stephaniehale946
11 ай бұрын
*UBS = United Bandits of Switzerland*
@User-hz5vz
7 ай бұрын
lol
@paestum70
Жыл бұрын
And no mention of FATCA whatsoever? Bizarre....
@shiva_689
13 күн бұрын
The three keys of UBS: security, trust and discretion or STD for short :D
@evoniics9572
Жыл бұрын
Swiss franc inflation is around 3%. One of the reasons why you should have some money in Switzerland.
@VisionaryPoudel
Жыл бұрын
11:48 m😊m
@jimbojimbo6873
Жыл бұрын
UBSs returns are not lower than other countries thats a lie, they are a wealth manager not an asset manager they can still invest in exactly the same thing. Secondly the fees aren’t as high that’s again a lie, UNS with its scale will easily offer better rates than a Raymond James.
@Failucation
Жыл бұрын
Terrible video with no mention of FBAR or FATCA. Clearly very little research was done on the hoops Americans have to jump through when keeping money in foreign bank accounts
@artsyhyd
5 ай бұрын
“In Switzerland u can go to prison for revealing clients’ details!” How good, whereas in my country it’s totally the opposite; they sell the clients details to other companies so easily 😂
@hanskelsen9639
2 ай бұрын
haha
@starvingbymidnight
Жыл бұрын
I’m really worried about my $10 I have in savings if these banks keeps collapsing 😩
@weird-guy
Жыл бұрын
Be assure it is safe,don't worry 😂
@hellosammy4105
9 ай бұрын
Well, that’s well within the insured limit, so you’re really worrying for nothing. Tell you what. Why don’t you give me $100, and in the event your bank fails and the government doesn’t refund your $10, I’ll return you $150.
@user-xo9zu2bx7l
26 күн бұрын
swiss banking secrecy ceased to exist more than 20 years ago due to swiss-us data exchange agreements. so the information here is certainly not up to date.
@DanielWoods-ed3om
2 ай бұрын
I clicked immediately this notification popped. So excited to learn from you
@tigerzero9939
Жыл бұрын
Why does a clip of Jean-Claude Trichet stating "we knew Credit Suisse had problems" appear out of nowhere? And why is the british dude's clip pasted onto a fake laptop?
@judyl.7811
Жыл бұрын
0:10 Swiss bankers are successful for their swiss proposition: 2:55 Its logo: security, trust, and discretion 謹慎 1:45 paying more and earning less for a reason. 2:10 half of the invested wealth assets are from USA. 3:20 global systematically important bank. 4:50 wipe out the CS bonds and governmental loss. 5:40 risky instruments: contingent convertible = additional tier 1 debt. 7:45 the flagship wealth management arm. 8:50 stability and risk aversion. 11:30 we are at the beginning of a new phase.
@User-hz5vz
7 ай бұрын
You're a genius judy
@user-gc3cj1ym2p
2 ай бұрын
Thankyou so much for presenting us this site. You are the creator we needed for real for real
@carlgodfrey4482
Жыл бұрын
You know your poor when only big bank you know is Bank of America
@pa5666
Жыл бұрын
😂😂
@5678plm
Жыл бұрын
bro 😂😂
@user-yl4vh6ju5n
2 ай бұрын
Very clear and useful information, thank you for such high-quality content.
@happytractors780
5 ай бұрын
Weird as UBS SFA was sold to Vontobel a few years ago. Yes there are UBS American Advisory services. But UBS -sfa no longer exists.
@user-fw7ck6mn3h
2 ай бұрын
Thanks for the video, It works with minor adjustments, First I added the Demarker (7) indicator, then I put the 70 to 60 on the Rsi because it will either touch the 50 or 60. Great with OTC trades as well. Also just changed the 30 sec chart to 1 min and 1 min time to 2 min chart. Same concept!
@seb_617
Жыл бұрын
The “Senior Washington Correspondent” should stick to commenting about Washington because he’s clearly out of his depth here. Swiss banking secrecy for US citizens is now largely a thing of the past with e.g., FATCA and there are far better places to park illicit gains, including in Delaware. Let’s stop with the sweeping nonsense that the only reason people would bank in Switzerland is because they want to evade taxes. Expected better from CNBC.
@user-sr4vq7ou7w
2 ай бұрын
I've been procrastinating on starting my trading career, but your video made me realize that there's no time like the present. Thank you for the motivation!
@user-eh1zq9im7m
3 ай бұрын
Thank you for explaining everything like that! Very helpful!
@LisaWhite-ln2hh
2 ай бұрын
你生活在瑞士吗?为我正计划前往瑞士生活。但是对于瑞士银行的信息不太了解。
@user-zc1jv3pe5c
3 ай бұрын
Been wanting this video for so long, thank you soo much !! Love from India
@ThiFonseca-ct4xy
10 ай бұрын
Der Kryptomarkt ist seit Monaten ungünstig und ich verliere immer wieder mein Geld, indem ich es bei Abschwüngen verkaufe. Ich habe im Moment große Angst davor, es zu halten. Wie verdient ihr denn immer noch so viel?
@stevankohn
10 ай бұрын
Sich ohne die Hilfe eines Profis in die Handelswelt zu wagen, zu handeln und Gewinne zu erwarten, ist, als würde man Wasser in Wein verwandeln. Dafür bräuchte es ein Wunder. Deshalb handele ich mit Frau Norah Kelly, deren Fähigkeiten außergewöhnlich sind?
@JavierSantiago-le1lc
10 ай бұрын
Wenn Sie investieren, kaufen Sie einen Tag, Sie müssen nicht arbeiten, denn das Investieren bei Norah Kelly ist das Schönste im Leben
@stevankohn
10 ай бұрын
Sie interagiert häufig per Telegram und verwendet dabei den unten genannten Benutzernamen.
@stevankohn
10 ай бұрын
kellyglobetrade
@stevankohn
10 ай бұрын
Das ist ihr Benutzername
@BrandonClark-StocksPassports
Жыл бұрын
I have a UBS account. Love em
@LisaWhite-ln2hh
2 ай бұрын
@BrandonClark-StocksPassports I'm from the UK. How do I open a UBS account?
@nolanlobo3624
Жыл бұрын
On my laptop watching a guy on a CNBC laptop. Feels illegal. 😂
@steve0003
Жыл бұрын
UBS needs to look at customer service and development for further growth more not the past.
@saltymonke3682
Жыл бұрын
So what if people hide their hard-earned money from governments who have spending problems.
@hellosammy4105
9 ай бұрын
Noooo. It’s greedy and selfish of you not to pay for the excesses of your fellow citizens and leaders. Shame on you!
@saltymonke3682
9 ай бұрын
@hellosammy4105 ah yes, selfish for keeping my own fruits of hard work from useless politicians with even more useless programs
@marykennedy8971
3 ай бұрын
YOUR PASSION FOR TRADING IS CONTAGIOUS! WATCHING YOUR VIDEOS MAKES ME EXCITED TO DIVE DEEPER INTO THE WORLD OF TRADING.😂
@Clonez-sr7to
Жыл бұрын
How about cover how UBS is being sued for breaking the law as we speak.
@user-uj5xm4ln1j
2 ай бұрын
great video seen great profit on demo n will give it a try today thank you
@marlandodaubon21
Жыл бұрын
Best bank ever
@IM2357
Жыл бұрын
Can anyone anywhere open a Swiss account if you have like a million dollars to hide?
@aakksshhaayy
Жыл бұрын
You can open even if you don't have millions.. I have a account with UBS
@SKAOG21
Жыл бұрын
@@aakksshhaayy depends on your residency. In terms of UBS, some countries have low requirements, while some require millions.
@TokyoTaisu
Жыл бұрын
If you have a friend you can get with a million dollars. Without friends takes about 5 million dollars.
@keepitraw1
8 ай бұрын
I work at ubs, they talk a lot of bs in this video in the first minutes
@LeviMartin-mf5rp
2 ай бұрын
you are a great professional, I hope you can get even more money
@michaela.178
Жыл бұрын
At best, this piece is really poorly researched, having worked for various Swiss banks including UBS and CS I can tell that specifically US citizens are neither able nor welcomed to hide funds. The US managed to dislodge Swiss banking secrecy for individuals with US exposure - hence these better bring a lot of funds to make it worth the special setting and the headache that comes with it. Some banks might decline at all. Swiss bankers like to point out that some US states nowadays provide more secrecy. Also, the purchase of CS by UBS with its pretext and consequences is not represented accurately.
@ameenahnadirah8895
5 ай бұрын
Thanks for the accurate information...do you still work for the banks in Switzerland ?
@LisaWhite-ln2hh
2 ай бұрын
@michaela.178 Thanks for your message. I would like to know how I should open my account at UBS. I am planning to move to Switzerland. But I don't know anything about it.
@michaela.178
2 ай бұрын
@@LisaWhite-ln2hh Well, as far as I know, all the big banks (if not all) require you to show up in person and they will require the usual stuff - Id, Swiss address (implies imigration paperwork), and most certainly a a work contract or the like. Can't tell from personal experience, but if you're bringing a large lump of cash they might proceed without the work contract ;). But, if you're from the US - then things get more complicated, no idea but there msut be an expat forum for that
@LisaWhite-ln2hh
2 ай бұрын
@michaela.178 Thank you so much for telling me this. Can you help me understand this when I arrive in Switzerland? If you have time I would like to invite you to lunch when I arrive in Switzerland. I would like to learn more from you.
@LisaWhite-ln2hh
2 ай бұрын
@@michaela.178 I hope you will accept my invitation and tell me more about this place.
@Continentalmunkey88
7 ай бұрын
Continental Market directives - Realistically , give public has about 121 days per year ( 365 days ) of positive market impetus, (about one joy per 3 days or 72 hours), (like a rampup and ramp down of dopamine)
@codeblue9004
24 күн бұрын
Secretive? I had an account with UBS here in Switzerland. They weren’t secretive with me.
@FBAagent
11 ай бұрын
It’s hard to follow the french dudes speaking. I am wondering how does his clients deal with his voice 😂😂😂
@Continentalmunkey88
7 ай бұрын
US sector 53 trillion, crown panes 121 trillion, global is 583 trillion but its all static frozen baselines
@user-si6hp7yy9f
4 ай бұрын
Да этот тип внатуре знает что делает) красава конечно!)
@lancestevenson9523
Жыл бұрын
Consolidation for a fraction of the price of a real m&a. Anticompetitive. The hsbc svb and ubs ca acquisitions are borderline “loans for shares” scheme era indicators. The currency is becoming devalued but the underlying asset is worth much more
@finalruner
Жыл бұрын
Strange beeping in the background of this video
@pleroma5924
Жыл бұрын
UBS and Rothschild BANK are AWESOME
@windy-cities-finnest
Ай бұрын
I have alot of questions with my bank in rockford il
@iknujbyhvtgcrfxedw-nb6ew
Жыл бұрын
thank you very much
@sitrakaforler8696
6 ай бұрын
FACTA CRS should have been a subject in this video.....
@itsjustme114
8 ай бұрын
the swiss banking secrecy is long gone, that was like over 10 years ago
@creativeembargo
6 ай бұрын
15 🤓
@user-kn8ng3px2l
2 ай бұрын
Your advice has been invaluable in helping me improve my trading results. I followed your tips and got 10 out of 12 - a great result for me. Your expertise is truly appreciated🍊
@user-ei7lc8ib5j
2 ай бұрын
Thank you for helping people achieve financial freedom through trading.
@KIRRAH1
2 ай бұрын
American beurocrats are bitter that Swiss banks are providing better services
@Doomedfools
Жыл бұрын
How do Swiss banks avoid the IRS requirements that they report US Citizen assets? When I was an international student in Spain and opened a BBVA bank account there, they needed all kinds of extra details from me to comply with IRS regulations. I've heard the same about Americans who open accounts in the Netherlands or Germany. What makes Swiss banks different? How they do dodge the IRS in a way no other country can?
@Failucation
Жыл бұрын
They don’t, they either comply with FATCA or don’t accept US citizens. This video is incredibly misleading
@VivaLegolastef90
Жыл бұрын
They don't, FATCA still hunts us.
@patrikisgod
Жыл бұрын
this video is based on outdated info, even as a swiss citizen its really difficult to funnel US funds into a swiss bank, switzerland basically cut off us citizens from their banking privileges after that Oregon v Switzerland lawsuit a few years back
@TokyoTaisu
Жыл бұрын
There's a difference between new accounts post American intrusion and legacy accounts.
@happytractors780
5 ай бұрын
no thy closed the legacy account from my childhood many years ago... as a dual citizen they did not want my money. so I put it in Post Finance like the other dual citizens and pay 300 chf a year for the privelige
@kaizentradersl
4 ай бұрын
Tnq ❤
@savannahmiddlefield616
Жыл бұрын
Hmmm banking become monopoly entities. Please keep banking with more choices.
@TokyoTaisu
Жыл бұрын
Basically a cycle that happens everywhere, with money, power, etc. Everything concentrates, then it blows up, fragments, and concentration starts again.
@EllaxiosEllahim
4 ай бұрын
It's very easy to create financial stability all you need is knowledge and passionate towards your intentions with very very high quality of solid loyalty with the right of conducts of every actions and words off honour comes with goodwill ❤trust
@dank9337
9 ай бұрын
UBS is holding the gme bag
@seazea1941
11 ай бұрын
I used to be really big into finance and banking..... I'm not really sure what happened but all of a sudden. I just lost interest.😂😂😂😂😂
@seazea1941
11 ай бұрын
Lmfao
@bassoonplayer
9 ай бұрын
if swiss banks now report data to IRS, what's the point of having one now?
@ronbali3429
Жыл бұрын
@CNBC you guys have a major spam bot problem.
@iknujbyhvtgcrfxedw-nb6ew
Жыл бұрын
respect
@S.Dadudida
6 ай бұрын
Ich bin solange schon da dran letzte Nacht sind mindestens 50 Autos vor meinem Fenster und mir gefolgt. Und es ist das vierte Jahr und es wird nicht besser
@ravindertalwar553
Жыл бұрын
Regards From RAVINDER TALWAR JALANDHAR CITY PUNJAB INDIA
@Saigon1969
4 ай бұрын
Because this bank is a black market bank.
@gercilaineribeirodecarvalh4636
5 ай бұрын
Thank you very much teacher Jonathan Swisse.
@VivaLegolastef90
Жыл бұрын
CNBC is 20 years late to the party
@SerCommander
Жыл бұрын
It must be the cheese!
@davidhogger4498
Жыл бұрын
Quite a judgemental, one-sided and poorly researched video. Leaving out all major changes on how the banking secrecy was lifted and on how tax relevant information is automatically shared with foreign government organizations such as the IRS. I guess it is always easier to play the blame game on foreign companies than e.g. shed some light on all the misconduct of the few global banks that all reside in the same country as does this news channel.
@tombarse7252
Жыл бұрын
Might as well of had cramer narrate this, start the clock for the ubs collapse.
@khalidalali186
Жыл бұрын
Lol they wrote off $17billion worth of their own bonds. How is this not tarnishing the image of the Swiss banking system?! Not to mention the debacle after the UBS acquisition of Credit Suisse and that insane share swap.
@Mr--_--M
Жыл бұрын
So nothings gonna change. Got it
@juanpuebloknowyumama3831
3 ай бұрын
Im here 14 months later trying to figure out how ubs bank are holding Gme stock for long time? How can be possible all this time+ may 31th is coming people 😮
@LisaWhite-ln2hh
2 ай бұрын
@juanpuebloknowyumama3831 This topic is very interesting. How do you know about this? I would like to learn more from you.
@bbsara0146
4 ай бұрын
Yea its good if your a russian oligarch or african aristocracy. but if you are a US citizen a ton of swiss banks want nothing to do with you
@Chandankumar-qw6hb
7 ай бұрын
5 Trillion us doller for investment purpus only OMG
@caroleekeith2823
Жыл бұрын
Fascism by any other name is still fascism.
@vandietopia6803
6 ай бұрын
Saya memiliki Entah emas asli atau palsu tp bertuliskan UBS UBG UNION BAMK SWITZERLAND GOLD 999.9 R.2743 SWISS
@NtmiD8r
2 ай бұрын
The background checks one needs to go through to get a swiss bank account has chased most of the questionable investors away to thr Caymans or the BVI. This is just poor journalism.
@miscosas
Жыл бұрын
After the swiss banks took hostage or even stole money without any reasons from russian citizens ( not state money ) its the last place on earth where i gonna put a dollar 😂😂
@salahuddineliaskhan3620
5 ай бұрын
#FBC Date: 1st July 2024
@cryptoworldnews1872
Жыл бұрын
No FATF black list?
@jared8t
Жыл бұрын
So the logo says STD?
@S.Dadudida
6 ай бұрын
Hab das Gefühl man sucht einen schuldigen wenn das nicht klappt... Aber weshalb was habe ich den falsch gemacht??
@americancivicsinstitute6801
Жыл бұрын
JAK
@user-by8bs5el8u
2 ай бұрын
Thanks becuz you could be helping me in another way…. Because I get a lot of negativity from a lot of people. I haven’t found anyone that believes in me and I get profits.🐕
@vgtgffbhd
Жыл бұрын
Swiss banks makes their US customer richer Thats a fact
@julius5632
Жыл бұрын
You know that there is FATCA (Foreign Account Tax Compliance Act). So as an American having a Swiss bank account it's practically impossible to avoid paying taxes that way...
@JHatLpool
Жыл бұрын
A good report.
@pazzariatv
Жыл бұрын
There is no point to going through all of the hassle, just to get a Swiss bank account. Buy precious metals. Don’t tell anyone where they are. Problem solved. Easy. Simple. Done.
@dr_flunks
6 ай бұрын
i hate them. they are shady and prevented me from having beneficiary on an employer account. they were just going to give my kids inheritence to the governemnt.
@catsaretasty
Жыл бұрын
The new credit suisse 😂
@AmericanWears
Жыл бұрын
Came here to say this. Gonna turn your pockets into Swiss cheese.
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