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Press Release as PDF

The media conference before the Swiss Bankers Day focused on a self-critical reflection. Patrick Odier, Chairman of the Swiss Bankers Association, emphasised that the industry had to improve the way it lives up to its responsibilities to all stakeholders. Banks should use lessons from the past to go forward. The economic environment in Switzerland last year was challenging. Performance nevertheless remained robust. The sector is strategically well placed for the future. One element of this is a clear commitment to helping to shape international standards in future, and complying with them. The SBA also clearly rejects an excessive Swiss finish to regulation.