Antigua and Barbuda is a sovereign archipelagic country in the Caribbean. It lies at the conjuncture of the Caribbean Sea and the Atlantic Ocean in the Leeward Islands part of the Lesser Antilles.
Banking in Switzerland dates to the early 18th century through Switzerland's merchant trade and over the centuries has grown into a complex and regulated international industry. Banking is seen as emblematic of Switzerland and the country has been one of the largest offshore financial centers and tax havens in the world since the mid-20th century,with a long history of banking secrecy and client confidentiality reaching back to the early 1700s. Starting as a way to protect wealthy European banking interests,Swiss banking secrecy was codified in 1934 with the passage of a landmark federal law,the Federal Act on Banks and Savings Banks. These laws were used to protect assets of persons being persecuted by Nazi authorities but have also been used by people and institutions seeking to illegally evade taxes,hide assets,or to commit other financial crime.
Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland as a standalone firm but now a subsidiary of UBS. According to UBS,eventually Credit Suisse will be fully integrated into UBS but while the integration is not complete both banks are operating separately. Headquartered in Zürich,as a standalone firm it maintained offices in all major financial centers around the world and provided services in investment banking,private banking,asset management,and shared services. It was known for strict bank–client confidentiality and banking secrecy. The Financial Stability Board considered it to be a global systemically important bank. Credit Suisse was also a primary dealer and Forex counterparty of the Federal Reserve in the United States.
Antigua,also known as Waladli or Wadadli by the local population,is an island in the Lesser Antilles. It is one of the Leeward Islands in the Caribbean region and the most populous island of the country of Antigua and Barbuda. Antigua and Barbuda became an independent state within the Commonwealth of Nations on 1 November 1981.
The Swiss Bankers Association is a professional organization of Swiss financial institutions.
Antigua and Barbuda–China relations refer to bilateral relations between China and Antigua and Barbuda. Antigua and Barbuda has an embassy in Beijing. China has an embassy in St. John's. Diplomatic relations were established on January 1,1983,less than two years after the Caribbean nation's independence,under Deng Xiaoping and Prime Minister Vere Bird,respectively. Diplomatic relations between the two countries have been smooth since then,as China supported Antigua and Barbuda's bid to join the United Nations.
The Swiss Financial Market Supervisory Authority is the Swiss government body responsible for financial regulation. This includes the supervision of banks,insurance companies,stock exchanges and securities dealers,as well as other financial intermediaries in Switzerland. FINMA's name and acronym are usually expressed in English so as to avoid the semblance of favouring any one of Switzerland's linguistic regions.
PostFinance Ltd is the financial services unit of Swiss Post which was founded in 1906. As of 2023,it is the fifth largest retail financial institution in Switzerland. Its main area of activity is in the national and international payments and a smaller but growing part in the areas of savings,pensions and real estate.
Baruch "Bruce" Rappaport was an international banker and financier. He was born in Haifa,Mandatory Palestine to Russian-Jewish emigre parents.
Raiffeisen Switzerland is a cooperative of cooperatives –the union of all independent Swiss Raiffeisen banks. It bears responsibility for the business policy and strategy within the Raiffeisen Group. The 219 independent Raiffeisen banks of Switzerland are organised as cooperatives. With 896 branch offices in total,they make up the densest branch network of any Swiss bank. After the acquisition of Credit Suisse by UBS,the Raiffeisen Group has become the second-largest banking group in Switzerland with client assets under management of 246.6 billion francs. Since June 2014,Raiffeisen has been classified as one of Switzerland's systemically important banks and must therefore meet special requirements in terms of capital. Raiffeisen Switzerland has 3.65 million clients in Switzerland,of whom approximately 1.9 million are cooperative members and thus co-owners of their regional Raiffeisen banks.
Adriano B. Lucatelli is a Swiss entrepreneur and investor in the financial services industry.
A contingent convertible bond (CoCo),also known as an enhanced capital note (ECN),is a fixed-income instrument that is convertible into equity if a pre-specified trigger event occurs. The concept of CoCo has been particularly discussed in the context of crisis management in the banking industry. It has been also emerging as an alternative way for keeping solvency in the insurance industry.
Sir Ronald Michael Sanders is an Antiguan Barbudan diplomat,academic,former broadcast-journalist,and the current Ambassador Extraordinary and Plenipotentiary to the United States and to the Organization of American States (OAS) since 2015. He holds the unique distinction of being the first person,since the OAS enlarged its membership in 1962,to serve as Chairman of the Permanent Council of the OAS for an unprecedented three terms. He completed his highly successful third term on December 31,2023,having played a widely recognized role in guiding the work of the Permanent Council in the peaceful transition of government in Guatemala on 14 January 2024.
Swissquote Group Holding SA is a Swiss banking group specialising in providing online financial and trading services. The Group's shares have been listed on the SIX Swiss Exchange under the ticker symbol “SQN”since 29 May 2000. Its headquarters are located in Gland,Switzerland. The company also has offices in Zurich,London,Dubai,Hong Kong,Malta,Cyprus,Bucharest,Singapore and Luxembourg,with more than 1,134 employees in 2023. Swissquote Bank Ltd holds a banking licence issued by its supervisory authority,the Swiss Financial Market Supervisory Authority (FINMA),and is a member of the Swiss Bankers Association (SBA). The Group's headquarters are located in Gland,Switzerland. The Group has 1040 employees as of December 2022.
Dukascopy Bank is a Swiss online bank which provides online and mobile trading,banking and financial services. Headquartered in Geneva,Switzerland,it also has offices in Riga and Tokyo,with over 300 employees.
Karen-Mae Hill,is the High Commissioner for Antigua and Barbuda to the United Kingdom and member of the Commonwealth's Board of Governors. Hill is also the Ambassador Extraordinary and Plenipotentiary of Antigua and Barbuda to the Republic of Estonia.
Dadvan Ismat Yousuf Yousuf is an Iraqi cryptocurrency investor and businessman whose early bitcoin investments made him the youngest self-made billionaire in Switzerland. Yousuf and his companies have been the subject of a number of investigations into financial impropriety.
Camp Blizzard is the headquarters of the Antigua and Barbuda Defence Force. The camp is located in the village of Osbourn,Saint George Parish;located nearby to Shoal Point,the American University of Antigua,and the V. C. Bird International Airport. Camp Blizzard was formerly a U.S. naval base until 1995.
On 19 March 2023,Swiss bank UBS Group AG agreed to buy Credit Suisse for CHF 3 billion in an all-stock deal brokered by the government of Switzerland and the Swiss Financial Market Supervisory Authority. The Swiss National Bank supported the deal by providing more than CHF 100 billion in liquidity to UBS following its takeover of Credit Suisse's operations,while the Swiss government provided a guarantee to UBS to cover losses of up to CHF 9 billion over the short term. Additionally,CHF 16 billion of Additional Tier 1 bonds were written down to zero.
Lindemannlaw stylized as LINDEMANNLAW,established in September 2011 by Dr. iur. Alexander Lindemann,is a law firm headquartered in Zürich,Switzerland. The firm was approached by the Swiss media to comment on asset and wealth management law,where it primarily operates,and recently on the Acquisition of Credit Suisse by UBS as well as the UBS investments into Chinese military aircraft and surveillance equipment producers. It focuses on providing legal,tax,and business intelligence services to wealth managers,asset managers,and entrepreneurs. LINDEMANNLAW is involved in the structuring and execution of international investment fund solutions across multiple jurisdictions,including Luxembourg,Malta,Liechtenstein,and the Cayman Islands.
