Political continuity, stability, legal certainty, top-quality service, a traditionally high level of protection for private property and privacy and many years of experience in private banking: these are what define the Swiss financial center.
Switzerland is one of the world’s leading financial centers. As a financial location, it benefits from a reputation built up over decades. One of the core business activities of Swiss banks is asset management. Swiss banks look after just under ten percent of total global assets under management - putting them in third place behind the US and the UK. And in cross-border asset management business with private individuals, Switzerland is the world market leader.
The Swiss financial center has also established an important position internationally in foreign exchange trading, commodities trading and the management of funds of hedge funds.
Switzerland as a financial center combines many years of practical know-how with expertise in private banking. Professional advice and top-quality service are the traditional strengths of Swiss banks and key factors in their success. A good educational and training infrastructure makes for a reliable stream of qualified staff. Political and economic stability, a liberal labor market, good infrastructure and a high quality of life are also a magnet for companies and skilled workers from abroad.