Union Bank of Switzerland
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Union Bank of Switzerland was a Swiss investment bank and financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss B
Bond of the Schweizerische Bankgesellschaft, issued 26 March 1941
In 1917, the newly merged Swiss Banking Association (later UBS) opened a new headquarters on Bahnhofstrasse (pictured above) in Zürich.
UBS "Gold Key" used to access an account number known only to the bearer
Share of the Eidgenössische Bank AG, issued 23 June 1893
Long-Term Capital Management
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Long-Term Capital Management L.P. was an American hedge fund which used highly leveraged strategies. In 1998 when LTCM was on the verge of collapse, the fund received a $3.6 billion bailout from a gro
Union Bank of Switzerland
…of US$1.25 billion in August 1998. The settlement, which coincided with UBS's merger with Swiss Bank, together with the bank's embarrassment in the Long Term Capital Management collapse in 1998 brought a degree of closure to the issue. Shortly after the end of World War II, UBS completed the acquisition of Eidgenössische Bank…
Robert C. Merton
The Federal Reserve Bank of New York (pictured), the site of a September 23, 1998, meeting to rescue LTCM; in attendance were representatives of Bankers Trust, Bear Stearns, Chase Manhattan, Goldman Sachs, J.P. Morgan, Lehman Brothers, Merrill Lynch, Morgan Stanley Dean Witter, and Salomon Smith Barney.