Posts: 6,045
   
Threads: 915
    
Likes Received: 1,949 in 1,497 posts
Likes Given: 201
Swiss banks are well-known in the world for it's freedom and safety.
The ultra-rich feels safe to keep money in Switzerland.
But followed US to freeze Russian money gave the ultra-rich the shock.
The withdrawals of money from CS toppled the bank.
.
Posts: 1,431
   
Threads: 83
    
Likes Received: 317 in 300 posts
Likes Given: 66
Posts: 6,045
   
Threads: 915
    
Likes Received: 1,949 in 1,497 posts
Likes Given: 201
(24-03-2023, 06:11 PM)sogo Wrote: So is self pwned?
If you are the ultra-rich and you banked your money there because you knew they have secrecy law about your account that no matter what, they keep it confidential for you.
One day you read news of Russian private individuals' accounts got confisticated or freezed, would you still trust them?
Now some find Singapore banks are better and would you follow a lot people to withdraw money?
Singapore Huat arh.
.
Posts: 15,389
   
Threads: 1
    
Likes Received: 3,155 in 2,963 posts
Likes Given: 83
Posts: 40,756
   
Threads: 2,354
    
Likes Received: 5,903 in 5,140 posts
Likes Given: 4,093
Swiss banks are supposed to be neutral.
But they did not practice what they preach!
True colour exposed!
Credibility gone!
Posts: 6,611
   
Threads: 102
    
Likes Received: 1,875 in 1,487 posts
Likes Given: 431
(24-03-2023, 08:29 PM)webinarian Wrote:
If you are the ultra-rich and you banked your money there because you knew they have secrecy law about your account that no matter what, they keep it confidential for you.
One day you read news of Russian private individuals' accounts got confisticated or freezed, would you still trust them?
Now some find Singapore banks are better and would you follow a lot people to withdraw money?
Singapore Huat arh.
.
Will Singapore banks do the same?
Posts: 20,043
   
Threads: 546
    
Likes Received: 4,640 in 4,134 posts
Likes Given: 479
(24-03-2023, 08:39 PM)cityhantam Wrote: Swiss banks are supposed to be neutral.
But they did not practice what they preach!
True colour exposed!
Credibility gone!
So is it Russian private individuals accounts are freeze..............
(This post was last modified: 24-03-2023, 08:56 PM by
debono.)
Posts: 40,756
   
Threads: 2,354
    
Likes Received: 5,903 in 5,140 posts
Likes Given: 4,093
(24-03-2023, 08:55 PM)debono Wrote: So is it Russian private individuals accounts are freeze.............. ![Big Grin Big Grin](https://sgtalk.net/images/smilies/biggrin.png)
You ask them lor!
Posts: 6,049
   
Threads: 1,826
    
Likes Received: 1,618 in 1,193 posts
Likes Given: 172
PAP MINISTERS GOT PUT MONEY IN CREDIT SWISS OR NOT
ALWAYS TALKING ABT SWISS STANDARD
Posts: 3,281
   
Threads: 237
    
Likes Received: 246 in 232 posts
Likes Given: 8
Switzerland has been known to be a neutral country since 1815.
https://www.expatica.com/ch/moving/socie...nd-107842/
U mean they do not know the reason and U have to teach them? what made them change their 200 years’ minds and involved in other people's business?
>
(This post was last modified: 24-03-2023, 09:33 PM by
teaserteam.)
Posts: 20,043
   
Threads: 546
    
Likes Received: 4,640 in 4,134 posts
Likes Given: 479
(24-03-2023, 09:17 PM)singaporean1964 Wrote: PAP MINISTERS GOT PUT MONEY IN CREDIT SWISS OR NOT
ALWAYS TALKING ABT SWISS STANDARD
I am sure our ministers have a bank account is a Swiss bank........................
Posts: 1,865
   
Threads: 8
    
Likes Received: 345 in 300 posts
Likes Given: 112
(24-03-2023, 09:24 PM)teaserteam Wrote: Switzerland has been known to be a neutral country since 1815.
https://www.expatica.com/ch/moving/socie...nd-107842/
U mean they do not know the reason and U have to teach them? what made them change their 200 years’ minds and involved in other people's business?
5000 years of commie logic made them change their 200 years of real mind lor.
Posts: 5,290
   
Threads: 205
    
Likes Received: 1,411 in 1,179 posts
Likes Given: 724
I always think euro banks have their own system.
But now the tide has changed.
Another US puppet.
The new order has began.
(This post was last modified: 25-03-2023, 09:17 AM by
Migrant.)
Posts: 5,553
   
Threads: 91
    
Likes Received: 833 in 773 posts
Likes Given: 261
(24-03-2023, 08:39 PM)cityhantam Wrote: Swiss banks are supposed to be neutral.
But they did not practice what they preach!
True colour exposed!
Credibility gone!
Swiss govt could be play a bigger role.
Politicians do not know their problem, think everything is fine.
They forgot any crisis can spread to them as they are low in cash.
Posts: 40,756
   
Threads: 2,354
    
Likes Received: 5,903 in 5,140 posts
Likes Given: 4,093
(25-03-2023, 09:18 AM)watchfirst9 Wrote: Swiss govt could be play a bigger role.
Politicians do not know their problem, think everything is fine.
They forgot any crisis can spread to them as they are low in cash.
Angmohs have elected a whole bunch of idiots to lead them to Horland!
(This post was last modified: 25-03-2023, 10:22 AM by
cityhantam.)
Posts: 5,290
   
Threads: 205
    
Likes Received: 1,411 in 1,179 posts
Likes Given: 724
Swiss no more neutral.
The bonds most shocking.
Rules are changed whenever they like.
Posts: 11,790
   
Threads: 98
    
Likes Received: 796 in 843 posts
Likes Given: 1,422
Posts: 5,553
   
Threads: 91
    
Likes Received: 833 in 773 posts
Likes Given: 261
(25-03-2023, 09:23 AM)cityhantam Wrote: Andmohs have elected a whole bunch of idiots to lead them to Horland! ![Rotfl Rotfl](https://sgtalk.net/images/smilies/Animated/rotl_s.gif)
https://news.yahoo.com › switzerland-greenlights-confiscation-yanukovych-assets-224300587.html
Switzerland greenlights confiscation of Yanukovych assets
Feb 15, 2023
Switzerland greenlights confiscation of Yanukovych assets. Read also: Swiss bank
Credit Suisse freezes $19 billion worth of Russian assets. The Federal Council has instructed the Federal Department of Finance (FDF) to initiate a series of forfeiture proceedings for the Federal Administrative Court (FAC). Reports state that the assets will ...
There is no guarantee that popular is intelligence or vice versa.
Once the trust or confidence is broken, they will find it hard to return to used to.
(This post was last modified: 25-03-2023, 10:06 AM by
watchfirst9.)