CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has topped the list by Swiss National Bank, which evaluates the amount of funds held by individuals and firms in Swiss banks in 2020?
A
China
B
United States
C
France
D
United Kingdom
Explanation: 

Detailed explanation-1: -India was placed at 44th place, ahead of countries like Poland, South Korea, Sweden, Bahrain, Oman, New Zealand, Norway, Mauritius, Bangladesh, Pakistan, Hungary and Finland.

Detailed explanation-2: -Fitch rates three independent private banks in Switzerland – Banque Pictet & Cie SA (BPSA), Compagnie Lombard Odier SCmA (LO) and EFG International (EFG). They are among the largest wealth managers globally and serve an international client base of high- and ultra-high-net-worth (HNW and UHNW) individuals.

Detailed explanation-3: -Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva.

There is 1 question to complete.