According to the Swiss-based Global Initiative Against Transnational Organised Crime, each migrant will have paid a minimum of $2,000 for the land journey to reach the Libyan coast.
The Club of Rome is a Swiss-based global think tank founded in 1968 consisting of current and former heads of state, UN bureaucrats, government officials, diplomats, scientists, economists and business leaders.
Oswald Grübel, who resigned as chief executive of the Swiss-based global bank UBS a week ago in the wake of a rogue trading scandal, not only accepted responsibility, but had the decency to walk away with a relatively modest termination payment of six months' salary and some options valued at 1.5 million Swiss francs ($1.66 million) — no restricted stock, no bonuses and no accelerated payments.
Its first external funding, the backing comes from Debiopharm Investment, the investment arm of Swiss-based global biopharmaceutical group, Debiopharm Group, and Swisscom Ventures, the corporate venture arm of telecom operator Swisscom.
The investigation, which began last fall and has gathered steam in recent months, represents the next big wave of scrutiny of the offshore banking world and underscores the interlinked nature of Swiss banks and global financial institutions.
Mr. Ospel, 50, former head of Swiss Bank, took over with the goals of sharply reducing the combined bank's exposure to risk and refocusing on what seemed to be its essential strength as a Swiss bank with global reach: managing money for wealthy individuals worldwide.
The world's big insurance markets collected $4.3 trillion in premiums in 2008, according to Swiss Re, a global reinsurance firm.
Raoul Weil is chairman of the Swiss bank's global wealth-management business and a member of the executive board.
Mr. Liès, the chairman of Swiss Re's global partnerships division, succeeds Stefan Lippe, who announced in December that he would be stepping down.
In four years Kielholz has taken Swiss Re's global portfolio from $2.8 billion to $36 billion, mostly through acquisitions.
