Bank Frey & Co. AG

Since 2012 Bank Frey & Co. AG was subject of investigation of the United States Department of Justice on suspicion of tax evasion. On 17 October 2013, the bank announced that it would cease its activities. It's said in the statement that the bank's shareholders had opted for the bank to cease operations because tighter rules on banks accepting clients from the United States and other countries had made regulatory costs unsustainable.

Bank Category

Stock exchange banks

Business Focus

asset management
securities services

Bank Frey & Co. AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

Contacts

8021, Zürich, Switzerland
3972
044 204 33 00
044 204 33 99

Bank Frey & Co. AG was headquartered in Zürich.

Bank Identifiers

BIC (SWIFT)
FREYCHZZXXX
Founded
2002
Closed
2013