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Why Mega Rich Love Swiss Banks | Swiss Banking System | Business Case Study | BusinessProfusion

Switzerland is famous for its Banking System and is an undisputed choice for the ultra-rich around the globe. Swiss banks are famous for their privacy, confidentiality, security, and service. From Hollywood movies to parliaments of many countries, we have seen and heard about people involved in unlawful activities using Swiss banks. There is a lot more behind the Swiss banks than is portrayed in the TV series and movies. It is a destination for not keeping the black money but provides a lot more than other banks in the world cannot. In today’s video, we’ll understand the Swiss banking System. How a small country became one of the famous banking hubs? Why do people from all over the world use Swiss banks? What are the benefits of Swiss banks that other banks can’t provide? And finally, we will see some dark sides and how it impacts the global financial system? So if you are interested to know about this famous banking destination of the ultra-rich people, then watch till the end.

00:00 – 01:15 Prologue
01:16 – 02:59 The Beginnings
03:00 – 04:55 Modern-Day Swiss Banking
04:56 – 07:22 Benefits of Swiss Banking
07:23 – 08:44 Loopholes in the System
08:45 – 10:26 Dark Side

�� Watch the entire video for more information!
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�� Videos about Business Case Studies, Tech Innovations, Scandals, Crime, Unspoken Truth, and Money
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Kevin O’Leary joins Jill Malandrino on Nasdaq #TradeTalks to discuss making investing accessible to all via crowdsourcing and the current state of VC and startup funding.