New products in private banking

Article Abstract:

Swiss banks have designed a host of investment tools that are aimed to provide clients with profit opportunities at much lesser risks. These investment tools include hedge funds that have been redesigned for a wider range of investors by giving them the chance to play the market under more reasonable risk. There are also several investment funds specializing in emerging countries that investors can consider, including one that is equally weighted between 20 nations to spread the risk. Other tools that are within reach of investors are derivatives, GROI products and weighting.

Financial management, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Advice, Personal Investing, Bank Investment Advisory Services, Methods, Analysis, Management, Economic aspects, Personal finance, Investments, Derivatives (Financial instruments), Hedge funds

Banking on-line

Article Abstract:

Internet banking is fast becoming an accepted practice in Switzerland. As proof of this, the United Bank of Switzerland has reported some 140,000 clients who actively use online banking services. This online clientele grew with minimal corporate advertising and promotional campaigns. The phenomenon may be attributed to the degree of convenience afforded by Internet banking to customers. Anxieties over possible security loopholes have been effectively silenced through the institution of triple-band precautions.

Electronic computers, Electronic Computer Manufacturing, On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Functions related to deposit banking, Electronic Banking Svcs, Electronic Funds Transfer Systems, Social aspects, Safety and security measures, Internet services, Technology application, Electronic banking, UBS AG, Bank automation

Banking at the supermarket

Article Abstract:

Switzerland's Migros Bank established electronic kiosks called M-Bancolinos in the premises of its affiliated group, the Migros supermarkets. The electronic kiosks are intended to expand the bank's services to its clients through a concept with a significant cost advantage. At the kiosks, customers can avail of all the services provided by Migros Bank, including information, investment advice, payment of bills and brokerage orders.

United States, Supermarkets and Other Grocery (except Convenience) Stores, Services introduction, Grocery stores, Supermarket Chains, Innovations, Supermarkets, Buildings and facilities, Migros Bank