Is the tide turning for Switzerland’s banks?

[Joelle]

Is the tide turning for Switzerland’s banks?
      



UBS and Credit Suisse both have strong wealth management businesses — and the new year seems to have brought new hope.
UBS, which has written down more toxic assets than any other European bank, says it has had an “encouraging” start to 2009, with inflows into both its wealth and asset management businesses in January. Credit [...]
         

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