Bank Leu

Bank Leu AG (pronounced "Loy," as in toy) was a Swiss private bank that existed from 1755 to 2007. Headquartered in Zurich, it was a subsidiary of Credit Suisse from 1990. In 2007, it was merged with that company's other private banking units as Clariden Leu. At the time, it was Switzerland's oldest bank. Despite having many distinguished customers over the years (at one point, it was Maria Theresa's banker), two major scandals in the 1980s eventually cost the bank its independence.

Bank Leu

Bank Leu AG (pronounced "Loy," as in toy) was a Swiss private bank that existed from 1755 to 2007. Headquartered in Zurich, it was a subsidiary of Credit Suisse from 1990. In 2007, it was merged with that company's other private banking units as Clariden Leu. At the time, it was Switzerland's oldest bank. Despite having many distinguished customers over the years (at one point, it was Maria Theresa's banker), two major scandals in the 1980s eventually cost the bank its independence.