Chapter 571 (1/2)

Life is to be filled with a sense of ceremony. In Zurich these days, Li Zitao's daily life is full of a sense of royal ceremony.

It's not Mary's intention. It's the atmosphere here.

In the 1930s, they could not get rid of the nobility and ritual atmosphere, and their identities were not ordinary.

No matter where they live or where they go, they will offer the best service in order to make an impression on them.

”Boss, Mr. togenberg of UBS is here.” The next morning, Li Zitao was in bed enjoying breakfast with his wife. EVA came in from the door.

”Please wait in the reception hall!” Putting the plate back on the dining car, Li Zitao walked to the living room in his pajamas.

When he saw togenberg, Li Zitao still couldn't believe that the shy man, less than 170cm in height, would be the most famous bank magnate in Switzerland.

”Mr. Li, UBS is absolutely the best bank in Switzerland, and there will never be a better financial institution in the world.

after all, the banking act here determines that we can conceal all information for our customers, whatever it is.”

The ”Banking Act” passed in Switzerland in 31 years shows that banks can keep all information of customers confidential, which is the reason why Swiss banks have developed rapidly.

At present, only Luxemburg is the only one that has implemented similar laws in the world. However, compared with UBS, which has been developing for more than a century, it is only in its infancy.

Besides, Li does not want to leave the family foundation to someone familiar with it.

”There is no doubt about the reputation and professionalism of Ruilian, but... In terms of asset management, it seems that you are not good enough.” Li Zitao said, sitting on the sofa at will.

”Yes, but that doesn't mean that we are not good enough. We just lack the right opportunities. If we are lucky enough to manage your family fund, I think people will soon change that view.”

Torgenberg did not deny this. In terms of confidentiality and deposit taking, UBS is second only to Deutsche Bank in Europe.

This bank, which is very low-key abroad, is rich and influential. Behind it is the Rothschild family, a financial dynasty that cannot be ignored in Europe.

With its own influence, complex network and professionalism, Deutsche Bank has always been a leader in asset management and the first choice of the rich.

To tell you the truth, even togenberg was surprised to learn that Li Zitao wanted to hand over the family foundation to Ruilian.

No matter whether Li Zitao really has this plan, or uses Ruilian to pressure other banks to achieve his goal.

Togenberg did not want to give up the opportunity, an opportunity to prove to the rich that UBS is no worse at asset management than any bank.

”Your management fees?” Management fee is a problem that Li Zitao is more concerned about.

The money involved in this is not a trivial profit, but a huge profit that may be in the millions every year and will rise to tens of millions in the future, lasting for several centuries.

”Six percent.” Togenberg showed his sincerity.

6% of the annual profit is about the same as that of Ruilian, and the banks and management companies that can compete with each other can charge at least 9% of the points.

Three points less, Ruilian will lose millions of dollars a year.

”Five percent.” Although Ruilian is sincere enough, if you don't make a price, you always feel that you are losing money.

”Mr. Li, 6% is the biggest sincerity of Swiss Union. As the most influential banker in North America, you should know that very well.”