Switzerland Flag
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.







Switzerland Froze $8 Billion of Russian Financial Assets, Russians Held $50 Billion of Deposits & Estimated $160 Billion to $210 Billion of Wealth in Switzerland 

4th December 2022 | Hong Kong

Switzerland State Secretariat for Economic Affairs (SECO) provided an update of $8 billion (CHF 7.5 billion, 1/12/22) of Russian financial assets frozen in Switzerland, with Russians holding around $50 billion (CHF 46.1 billion) of deposits (3/6/22) and $160 billion to $210 billion of wealth (CHF 150 billion to CHF 200 billion, estimates by Swiss Bankers Association) in Switzerland.  Only bank deposits in Switzerland with more than CHF 100,000 are included in the update, and excludes securities.  Switzerland officials are also looking into possible violation of the reporting rules.

 

- Article continues below -
Web links may be disabled on mobile for security.
Please click on desktop.





The 2023 Investment Day | HK & SG
Where do you invest $250k, $1 million, $10 million, $100 million or $1 billion? Can you generate IRR of 10% / 15% / 20% or more? Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 28th March 2023 in Hong Kong, 4th April 2023 in Singapore, and Virtual Investment Day in April 2023.
Visit | Register here





“ Switzerland Freezes $8 Billion of Russian Financial Assets, Russians Held $50 Billion of Deposits & Estimated $160 Billion to $210 Billion of Wealth in Switzerland “

 

In November 2022, British crown dependency & tax haven Jersey apologised to Russian billionaire Roman Abramovich for conducting unlawful search on his properties in Jersey in April 2022 following imposed sanctions on him (after Russia military operations in Ukraine), and has agreed to pay damages & costs for the unlawful search and to destroy documents. 

Earlier in November 2022,  Germany police had raided UBS office in Frankfurt & Munich for money laundering & tax evasion, targeting at sanctioned Russian billionaire oligarch Alisher Usmanov.  Russian billionaire Alisher Usmanov is estimated to have a personal fortune of $14 billion (2022). 

In October 2022, Russian billionaire Alexey Mordashov (Age 57) $521 million Nord SuperYacht has docked near Hong Kong Victoria Harbour, with the Hong Kong government responding that Hong Kong is accountable to United Nations sanctions and not to individual country imposed sanctions such as by United States, United Kingdom or European Union.

 

7.5 billion of Russian assets have been frozen in Switzerland

 

Neutral Swiss join EU sanctions against Russia




Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below








Caproasia Users

  • Manage $20 million to $3 billion of assets
  • Invest $3 million to $300 million
  • Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 10,000 Investors & Advisors

Monthly Roundtable & Networking

Family Office Programs

The 2023 Investment Day

  • 28th March 2023 - Hong Kong
  • 4th April 2023 - Singapore
  • April 2023 - Virtual
  • Sept 2023 - Hong Kong
  • Oct 2023 - Singapore
  • Oct 2023 - Hong Kong
  • Visit: The Investment Day | Register: Click here

Caproasia Summits

Contact Us

For Enquiries, Membership
mail@caproasia.com, angel@caproasia.com

For Listing, Subscription
mail@caproasia.com, claire@caproasia.com

For Press Release, send to:
press@caproasia.com

For Events & Webinars
events@caproasia.com

For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com

For Research, Data, Surveys, Reports
research@caproasia.com

For General Enquiries
mail@caproasia.com





Make Better Business & Investment Decisions



For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    Professional InvestorInstitutional InvestorFamily OfficeAdvisorFinancial ProfessionalExecutiveOthers


    Mailing ListFree TrialSubscription YearlySubscription MonthlyMembershipEvents


    Professional InvestorPrivate WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights











    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014


    Web links may be disabled on mobile for security.
    Please click on desktop.






    Previous articleChina Former President from 1993 to 2003 Jiang Zemin Dies at Age 96, Passed onto Hu Jintao in 2003 & Now Xi Jinping Leading 2nd Largest Economy in the World with $17.7 Trillion GDP & 1.41 Billion Population
    Next article2-Years Ban on Foreigners Buying Residential Property in Canada Starts on 1st January 2023, Top Immigrants to Canada from India, Philippines & China from 2016 to 2021
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia