April 03, 2023
Swiss authorities are investigating the mega-acquisition of Credit Suisse, the country's second-largest bank, by UBS, its largest. The deal, worth a measly $3.5 billion, would reportedly make UBS the world's top bank wealth manager, with over $4 trillion in assets under management.
Both Credit Suisse and UBS manage assets that are well beyond their institutional size because they are mostly global banks that invest on behalf of wealthy global clients. But the merger won’t turn them into one of the world’s biggest banks by assets – the size of what a bank has on its balance sheet.
If a bank goes belly up, what's vulnerable are not the assets but rather the deposits, which are normally insured by governments up to a certain limit, and the role of managing investments can easily be taken over by another wealth manager. We take a look at the world's top five banks by overall assets compared to the amount of wealth they invest for their clients.
More For You
Colombian left-wing presidential candidate Ivan Cepeda campaigns in the southern town of Pitalito, Colombia, on April 11, 2026.
Santiago Chimbaco/LongVisual via ZUMA Press Wire
On Sunday, Colombians will have their say on their first left-wing leader, as they head to the polls to vote in the first round of the presidential election.
Most Popular
Think you know what's going on around the world? Here's your chance to prove it.
Agriculture is undergoing its biggest shift in decades. From precision irrigation to predictive crop models, AI technology is improving yield efficiency and sustainability across the sector. Learn how AI is reshaping agriculture.
Israel’s Prime Minister Benjamin Netanyahu attends a ceremony commemorating Israel’s Remembrance Day for fallen soldiers, or Yom HaZikaron, at the Military Cemetery on Mount Herzl in Jerusalem, on April 21, 2026.
ILIA YEFIMOVICH/Pool via REUTERS
The United States and Iran seem to be moving closer to a deal to end the war, which could hurt Israeli Prime Minister Benjamin Netanyahu’s reelection hopes.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
