Embroidery Market

History: The threads of successful textile business activity came together in the embroidery exchange. Every Wednesday and Saturday, manufacturers and merchants, embroiderers and finishers met and exchanged information about the market situation and fashion trends, orders or even ownership rights to goods. The building was nicknamed the "Black Exchange" and "Chatter Exchange" due to the clothing worn by the merchants and their lively verbal exchanges. Architecture: The opulent bank palace is made up of baroque forms. Copper figures adorn the main façade of the palace. Hermes, the god of merchants, travelers and thieves, watches over events in a reference to Greek mythology. The rich interior decoration disappeared during a renovation in the 1960s. Current use: In 1896, the "Schweizerische Unionbank" merged with the Basler and Zürcher Bankverein to form the Schweizerischer Bankverein. This merged with Union Bank of Switzerland in 1998 to form UBS (Union Bank of Switzerland). Today, the building houses the Globus department store and the Multertor restaurant.