UNION BANK OF SWITZERLAND

German Schweizerische Bankgesellschaft, French Union De Banques Suisses, Italian Unione Di Banche Svizzere, one of the largest commercial banks in Switzerland, with overseas representative offices and branches. Headquarters are in Zrich. The bank was founded in 1912 in the merger of Bank in Winterthur (established 1862) and Toggenburger Bank (1863). Since then it has absorbed a number of other Swiss banks. The bank is primarily engaged in general banking and trust activities. Between 1938 and 1975 it formed a large number of investment trust companies in real estate, securities, raw materials, energy, and other areas.