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Bank Jacob Safra Switzerland
Bank Jacob Safra (Suisse) AG was a full-service commercial banking institution headquartered in Geneva, Switzerland. As part of the Safra Group of financial institutions, in 2013, it merged with Bank Sarasin & Cie, when that bank was purchased by the Safra Group, with the combined entity being named J. Safra Sarasin. Services Apart from Geneva, Bank Jacob Safra (Suisse) AG was present in Zürich, Lugano, Gibraltar, and Monaco. The majority of its operations consisted of financial services and private wealth management. In addition the bank also offered brokerage services, bond trading, lease financing, and correspondent banking. History Named after Jacob Safra, the patriarch, the bank started its operations through the acquisition of Uto Bank AG (Zürich) in June 2000. It grew to 15 billion CHF of assets under management in less than 6 years. In February 2006, Bank Jacob Safra expanded its operations in Monaco through the acquisition of the Monaco operations of Banca Gott ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monaco
Monaco, officially the Principality of Monaco, is a Sovereign state, sovereign city-state and European microstates, microstate on the French Riviera a few kilometres west of the Regions of Italy, Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is a Enclave and exclave, semi-enclave bordered by France to the north, east and west. The principality is home to nearly 39,000 residents as of the 2020s, of whom about 9,883 are Monégasque people, Monégasque nationals. It is recognised as one of the wealthiest and most expensive places in the world. The official language of Monaco is French language, French. Monégasque dialect, Monégasque, English language, English and Italian language, Italian are also spoken and understood by many residents. With an area of , Monaco is the List of countries and dependencies by area, second-smallest sovereign state in the world, after Vatican City. Its population of 38,423 in 2024 makes it the List of countries by popula ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Switzerland
Systemically important banks Globally systemically important banks * UBS Group AG (including Credit Suisse) Domestically systemically important banks Source: * Zurich Cantonal Bank * Raiffeisen * PostFinance * Migros Bank * Bank Cler Top-tier Swiss banks Other Swiss-based banks with a significant presence domestically and overseas with considerable assets under management. *Julius Baer Group * Vontobel * Pictet Group * Lombard Odier * J. Safra Sarasin * Union Bancaire Privée * EFG International * Mirabaud Group Family-owned Swiss banks * Banque Heritage * Bank SYZ * ONE Swiss Bank SA * Bordier & Cie * Compagnie Bancaire Helvétique *Edmond de Rothschild Group * Geneva Swiss Bank * Gonet & Cie * E. Gutzwiller & Cie, Banquiers *Habib Bank AG Zurich * Lienhardt & Partner Privatbank Zürich * Reichmuth & Co * REYL Group * Union Bancaire Privée *Rahn+Bodmer Co. * Vontobel * Mirabaud Group Ethical banks in Switzerland * Alternative Bank Switzerland Swiss branches of interna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moise Safra
Moise Yacoub Safra ( ; April 5, 1934 – June 15, 2014) was a Lebanese-Brazilian businessman and philanthropist of Syrian descent. He co-founded Banco Safra with his brothers Edmond Safra and Joseph Safra. Early life Moise Safra was born on April 5, 1934, in Beirut, Lebanon, into a family of Sephardic Jewish background originally from Aleppo, in modern Syria, and was the son of Jacob Safra.June 17, 2014 The family's history in banking originated with caravan trade between Alexandria and Constantinople during the Ottoman Empire. The family relocated from Aleppo to Beirut after the First World War as Beirut was home to an already thriving Jewish community. Eventually, the Safras decided to move to Brazil in 1952. In 1955, Moise's 23-year-old brother, Edmond Safra, and their father, Jacob, started working in Brazil by financing letters of credit for trade in São Paulo. Career He established himself in Brazil where he acquired citizenship and founded Banco Safra with his brothers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edmond Safra
Edmond Jacob Safra (; 6 August 1932 – 3 December 1999) was a Lebanese-Brazilian billionaire banker and philanthropist of Syrian descent. He continued his family tradition of banking in Brazil and Switzerland, and was married to Lily Watkins from 1976 until his death. He died in a fire that attracted wide media interest, and was judicially determined to be due to arson. Early life Edmond Jacob Safra was born on 6 August 1932, in Beirut, Lebanon, his family is of Sephardic Jewish background originally from Aleppo, Syria. His father, Jacob Safra, had opened the J. E. Safra Bank in 1920 in Beirut and in 1929 it became the Banque Jacob E. Safra which in 1956 changed its name to Banque de Credit National S.A.L. (BCN). By the time he was sixteen, Safra was working at his father's bank in Beirut, engaged in the precious metals and foreign exchange aspects of the business. In 1949, the family moved from Lebanon to Italy, where he worked for a trading company in Milan. When Safra wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of The Jews In Lebanon
The history of the Jews in Lebanon encompasses the presence of Jews in present-day Lebanon stretching back to biblical times. While Jews have been present in Lebanon since ancient times, their numbers had dwindled during the Muslim era. Through the medieval ages, Jewish people often faced persecution, but retained their religious and cultural identity. In the early 20th century, for a brief period under the French Mandate of Lebanon and 1926 Constitution of Lebanon, the Jewish community was constitutionally protected. However, after 1948, the security of Jews remained fragile, and the main synagogue in Beirut was bombed in the early 1950s. In the wake of the 1967 Arab–Israeli War, there was mass emigration of around 6,000 Lebanese Jews from Lebanon to Israel and Western countries. The Lebanese Civil War, which started in 1975, brought immense suffering for the remaining Lebanese Jewish community, and some 200 were killed in ensuing anti-Jewish pogroms, leading to a mass di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assets Under Management
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institution—or a decentralized network protocol manages and invests, typically on behalf of its clients. Funds may be managed for clients, platform users, or solely for themselves, such as in the case of a financial institution which has mutual funds or holds its own venture capital. The definition and formula for calculating AUM may differ from one entity to another. Overview Assets under management is a popular metric used within the traditional investment industry as well as for , such as cryptocurrency, to measure the size and success of an investment management entity. AUM represents the market value of all of the securities that a financial entity owns and manages, or simply manages. The AUM of an entity is often compared with historical d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lease
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bond Market
The bond market (also debt market or credit market) is a financial market in which participants can issue new debt, known as the primary market, or buy and sell debt security (finance), securities, known as the secondary market. This is usually in the form of bond (finance), bonds, but it may include notes, bills, and so on for public and private expenditures. The bond market has largely been dominated by the United States, which accounts for about 39% of the market. In 2021, the size of the bond market (total debt outstanding) was estimated to be $119 Trillion (short scale), trillion worldwide and $46 trillion for the US market, according to the Securities Industry and Financial Markets Association (SIFMA). Bonds and bank loans form what is known as the ''credit market''. The global credit market in aggregate is about three times the size of the global equity market. Bank loans are not securities under the U.S. Securities and Exchange Act, but bonds typically are and are therefore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brokerage
A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base of buyers and sellers. They then screen these potential buyers or selle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gibraltar
Gibraltar ( , ) is a British Overseas Territories, British Overseas Territory and British overseas cities, city located at the southern tip of the Iberian Peninsula, on the Bay of Gibraltar, near the exit of the Mediterranean Sea into the Atlantic Ocean (Strait of Gibraltar). It has an area of and is Gibraltar–Spain border, bordered to the north by Spain (Campo de Gibraltar). The landscape is dominated by the Rock of Gibraltar, at the foot of which is a densely populated town area. Gibraltar is home to some 34,003 people, primarily Gibraltarians. Gibraltar was founded as a permanent watchtower by the Almohad Caliphate, Almohads in 1160. It switched control between the Nasrids, Crown of Castile, Castilians and Marinids in the Late Middle Ages, acquiring larger strategic clout upon the destruction of nearby Algeciras . It became again part of the Crown of Castile in 1462. In 1704, Anglo-Dutch forces Capture of Gibraltar, captured Gibraltar from Spain during the War of the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geneva
Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the capital of the Canton of Geneva, Republic and Canton of Geneva, and a centre for international diplomacy. Geneva hosts the highest number of International organization, international organizations in the world, and has been referred to as the world's most compact metropolis and the "Peace Capital". Geneva is a global city, an international financial centre, and a worldwide centre for diplomacy hosting the highest number of international organizations in the world, including the headquarters of many agencies of the United Nations and the International Committee of the Red Cross, ICRC and International Federation of Red Cross and Red Crescent Societies, IFRC of the International Red Cross and Red Crescent Movement, Red Cross. In the aftermath ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
