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
- YouTube
Could AI deepen global inequality or help close the gap? Lisa Monaco, President of Global Affairs, Microsoft, says it all comes down to trust. She argues that “people won’t use technology that they don’t trust,” especially as geopolitical tensions raise concerns about the reliability and resilience of digital infrastructure.
Most Popular
Sponsored posts
Women are reshaping the US economy
Walmart sponsored posts
Walmart’s $1 billion investment is strengthening associate careers
Moscow also launched 23 cruise missiles and seven ballistic missiles at Ukrainian cities, including the city of Lviv, which is near the Polish border and not usually targeted.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
