US EditionWealthy Americans seek refuge from Donald Trump in Swiss banks
- Since Donald Trump's re-election, requests from Americans to open Swiss bank accounts have risen significantly, according to Swiss media reports.
- Billions of dollars have reportedly flowed from the United States into Switzerland as wealthy individuals seek refuge.
- Urs Fehr from Vontobel bank noted increased demand for wealth management services from US clients, stating, 'Many clients are acting out of fear.'
- Wealthy Americans are seeking Swiss bank accounts mainly to diversify their assets away from the US dollar, as confirmed by reports.
Insights by Ground AI
Does this summary seem wrong?
21 Articles
21 Articles
All
Left
3
Center
3
Right
2
Why are more and more wealthy Americans putting their money in Swiss banks?
It is generally believed that the ultra-rich in the United States support their president, if only because he is business and tax-friendly. But when it comes to protecting their wealth, they seem to like Switzerland more.
·Switzerland
Read Full Article
Financial Times+2 Reposted by 2 other sources
Wealthy Americans seek refuge from Donald Trump in Swiss banks
Private bankers and investment managers report large increase in clients wanting to shift assets to Switzerland
·London, United Kingdom
Read Full ArticleCoverage Details
Total News Sources21
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 38% Center
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
38% Center
L 38%
C 38%
R 25%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
