Switzerland

Details

  • Service: Financial Services
  • Industry: Banking
  • Type: Survey report
  • Date: 10/10/2009

Private Banking in Switzerland - Quo vadis? 

A study carried out by KPMG and the University of St.Gallen shows that private banking in Switzerland faces fundamental change. However, in the view of 30 leading private banks, the sector has really only just begun to analyze the situation and not yet launched the process of making adjustments to their business strategy.
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Growth will occur primarily abroad and there is a question if enough Swiss banks in their current form are well positioned to take best advantage of this trend.
 

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