Swiss Bank UBS And Germany's T-Online Team Up To Offer Online Financial Services

by Ulrika Lomas, Tax-news.com, Brussels

04 May 2001

Swiss bank UBS and Germany's T-Online have joined forces to offer selected financial services via the Internet portal www.t-online.de. The portal, operated by Europe's largest Internet service provider, covers over 50 per cent of all German-speaking Internet users. The venture will mean international private clients can access information and services provided by UBS which are specially tailored to their needs.

UBS's new German Internet venture is aimed at clients domiciled outside Switzerland. Its pages on T-Online include information on the domestic private banking services UBS provides in Germany. On top of this, UBS Quotes supplies comprehensive stock exchange and financial market information. Clients who wish to invest in Switzerland can also access the UBS e-banking platform directly via www.t-online.de.

Gabriela Payer Fruithof, UBS Switzerland's Head of E-Channels and Products, said in a statement: 'T-Online is the ideal partner to help us raise our profile among private clients all over Europe and make them aware of what we stand for - security, reliability and trustworthiness. In addition, our presence on T-Online will allow us to give an entirely new audience access to our products and services.'

There are plans to extend the UBS/T-Online partnership to other projects in the future.

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