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We will remain at the forefront: Why a requiem for Swiss banking is amiss

We will remain at the forefront: Why a requiem for Swiss banking is amiss

Finews, in a recent article, predicted the end of Swiss banking. Claude-Alain Margelisch, CEO of the Swiss Bankers Association (SBA), responds to this doomsday scenario. In an article on Finews, he lays out his view of the future prospects of the Swiss banking centre.

According to Claude-Alain Margelisch, the Swiss banking centre is now operating from a position of strength. Not only private banking, but also other business areas such as asset management make a significant contribution to the success of the banking centre. With a view to the future, it is important to strengthen international competitiveness. Claude-Alain Margelisch's conclusion: Swiss banking will change - but will remain top class.

Read the whole article here.