Safe savings: Switzerland is the world’s largest cross-border wealth manager. As the Swiss financial centre adjusts to the loss of banking secrecy and possible fallout from Brexit, a report highlights increased investment management as the sector’s cornerstone. The report, released on Thursdayexternal link by the Swiss Bankers Association (SBA) and the Boston Consulting Group (BCG), outlines the emergence of investment...
Read More »Swiss banks defy Brexit to recruit in London
Financial service firms in London are preparing for the impact of Brexit. (Keystone) At the same time as big global banks are considering alternatives to London in the wake of the Brexit vote, Swiss newspaper Le Matin Dimanche reports, financial institutions are also recruiting new staff in the City. Rather than in commercial banking, however, these employees specialise in private wealth management. Here “the...
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