Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Sarasin Will Stop Investing in U.S. Stocks, Le Temps Reports

Dec. 3 (Bloomberg) -- Bank Sarasin & Cie AG will stop investing in U.S. equities, Le Temps reported, citing a letter sent by the company to clients.

The bank also advised clients to do likewise, given the “concentration of regulations in the United States and the toughening of American tax legislation,” the Geneva-based newspaper reported. Customers are free to continue investing in U.S. stocks, the bank said, according to the daily.

To contact the reporter on this story: Warren Giles in Geneva at wgiles@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.