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
Magyar, leader of the opposition Tisza Party, speaks during a press conference a day after the parliamentary election, in which Hungarian Prime Minister Viktor Orban conceded defeat, Budapest, Hungary, April 13, 2026.
REUTERS/Marton Monus/File Photo
At first glance, Hungary’s Prime Minister-elect Péter Magyar may appear to be the antithesis of the man he defeated in the April 12 election, Viktor Orbán. Yet the pair might be closer than you think – both on policy and politics.
Most Popular
Think you know what's going on around the world? Here's your chance to prove it.
Humanoid robots are moving from concept to reality. Powered by advances in AI and hardware, they can navigate complex environments and perform diverse tasks, helping address labor shortages and transform industries at scale. Explore the rise of humanoid robots and subscribe to Bank of America Institute.
- YouTube
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
