Swiss Bank Corporation

Swiss Bank Corporation (SBC) had a long history as a major gold distributor and trader, originally supplying gold to the Swiss watch industry. They were buyers at the third London fixing after its inauguration in 1919. After World War II they became substantial suppliers of physical gold throughout the Middle East and Asia. They owned the Métaux Précieux/ Metalor refinery at Neuchatel. Swiss Bank Corporation merged with Union Bank of Switzerland in 1998 and ceased to trade under that name.