The Swiss Financial Center

Management of wealth has always been one of the core businesses of banks domiciled in Switzerland. The extensive expertise and innovation of the financial sector as well as the high degree of professionalism and reliability in this field draw on more than two centuries of tradition.

These factors have contributed significantly to the outstanding position and excellent reputation enjoyed by the Swiss financial center worldwide. Also in terms of assets under management, Switzerland enjoys a top ranking in international private banking.

The long tradition of Swiss banks in the global wealth management sector is thanks to the stable political and favourable monetary conditions of the country. These are supplemented by a culture of discretion, a highly efficient financial market infrastructure, and a concentration of highly qualified employees well-prepared for the increasing specialisation of their profession.

From this position of strength, participants in the financial center are continuously taking measures in the tax, regulatory, and institutional area to prepare themselves for the future challenges in the internationally competitive environment and for sustainable growth.