Switzerland As A Financial Centre

Author : Philippe Braillard
Publisher : Springer
Page : 308 pages
File Size : 54,8 Mb
Release : 2011-11-04
Category : Business & Economics
ISBN : 9400927630

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Switzerland as a Financial Centre by Philippe Braillard Pdf

Switzerland as an international financial centre secrecy. In addition, the development of Swiss banks and finance companies in recent years has During the last forty years, Switzerland - shown no tendency whatever to slow down; indeed which already possessed a long tradition in banking these have been experiencing a new impetus which matters - has been able to develop its banking and in many cases has shown itself in record profits. financial sector with great success and has become This development may also be seen in the large one of the most active and the most admired finan increase of Swiss banks in foreign hand- cial centres in the world. This has been due largely expressed both in absolute numbers and in the sum to a number of favourable circumstances, such as of the balance sheets involved. political and social stability, legal certainty, a rapid In a world which is characterised by an ever return to freedom of transactions, currency stability, greater internationalisation of economic and finan as well as the reputation for efficiency and reliabili cial transactions, however, the operations and ty which has been achieved by its banks. prospects of one financial centre cannot be consid In absolute terms and globally speaking, there ered without taking into account the development of is no question of Switzerland as a financial centre the international environment.

Author : P. Braillard
Publisher : Springer Science & Business Media
Page : 300 pages
File Size : 42,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400927629

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Switzerland as a Financial Centre by P. Braillard Pdf

Switzerland as an international financial centre secrecy. In addition, the development of Swiss banks and finance companies in recent years has During the last forty years, Switzerland - shown no tendency whatever to slow down; indeed which already possessed a long tradition in banking these have been experiencing a new impetus which matters - has been able to develop its banking and in many cases has shown itself in record profits. financial sector with great success and has become This development may also be seen in the large one of the most active and the most admired finan increase of Swiss banks in foreign hand- cial centres in the world. This has been due largely expressed both in absolute numbers and in the sum to a number of favourable circumstances, such as of the balance sheets involved. political and social stability, legal certainty, a rapid In a world which is characterised by an ever return to freedom of transactions, currency stability, greater internationalisation of economic and finan as well as the reputation for efficiency and reliabili cial transactions, however, the operations and ty which has been achieved by its banks. prospects of one financial centre cannot be consid In absolute terms and globally speaking, there ered without taking into account the development of is no question of Switzerland as a financial centre the international environment.

Author : Philippe Braillard
Publisher : Unknown
Page : 307 pages
File Size : 41,5 Mb
Release : 1988
Category : Financial institutions
ISBN : OCLC:778375586

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Switzerland as a financial centre : structures and policies ; a comparison at the international level by Philippe Braillard Pdf

Author : Marie-Madeleine Meck,Alisha Dhiri
Publisher : Unknown
Page : 46 pages
File Size : 51,6 Mb
Release : 2016-08-05
Category : Electronic
ISBN : 3668243646

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A Comparison of the Geneva and the Zurich Financial Centre. Market Structure, Competition and Profitability by Marie-Madeleine Meck,Alisha Dhiri Pdf

Seminar paper from the year 2016 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, Lucerne University of Applied Sciences and Arts (Banking & Finance), language: English, abstract: Switzerland is one of the most recognised countries for financial services and consists of four main financial centres; Basel, Geneva, Lugano and Zurich. Banking sector can be classified as one of the main contributors in Switzerland's financial sector. The following paper addresses two main financial centres in Switzerland as ranked seventh and 13th, respectively by The Global Financial Centres Index: Zurich and Geneva According to the last GFI report: "The top financial centres of the world are very well developed, sophisticated and cosmopolitan cities in their own right. Successful people are attracted to successful cities and it is perhaps no surprise that these centres are ranked so high by financial services professionals." Both financial centres profit from Switzerland's environment which provides legal stability, and high living-standards and as a result, both financial clusters play an important role in the global business of finance. This paper aims to analyse the current situation as well to provide an outlook for the future. Due to the limited time as well the limited scope, this paper focuses only on the banking sector, mainly analysing twelve major financial institutions with a strong national presence. Section 2 covers the background and history of both financial centre, Geneva and Zurich. Section 3 provides a short overview of the market structure of the financial sector as a whole in each financial centre, describing the number of market participants as well as the offered products and services. Section 4 contains information regarding the competition in both financial clusters in Switzerland and measures competition using the Herfindahl-Hirschman Index (HHI) on two selected examples. Section 5 provides an empirical analy

Author : Jan-Patrick Stolpmann
Publisher : GRIN Verlag
Page : 14 pages
File Size : 46,5 Mb
Release : 2011-05-17
Category : Business & Economics
ISBN : 9783640917297

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The Swiss Banking System & Financial Market by Jan-Patrick Stolpmann Pdf

Seminar paper from the year 2010 in the subject Economics - Finance, grade: 1,2, University of East London (Business School), course: International Financial Institutions and Markets, language: English, abstract: The Swiss financial centre, with banking as its leading segment, is of immense international significance and is positioned amongst global market leaders. The financial centre contributes greatly to gross value added in Switzerland and by doing so to the wealth of the whole Swiss population. (Swiss Bankers Association, 2010) In many aspects the banks are highly important to the Swiss economy. In terms of employees they offer a wide range of skilled jobs with potential earnings that are above average; a great portion of public sector financing is secured do to their tax contribution; and not to forget that they are centres of innovation and drivers of value added thus generating momentum for the entire economy. (Swiss Bankers Association, 2010)

Author : Niklaus Blattner
Publisher : Unknown
Page : 298 pages
File Size : 53,7 Mb
Release : 1993
Category : Banks and banking
ISBN : STANFORD:36105016793981

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European Integration and the Swiss Financial Centre by Niklaus Blattner Pdf

Author : Niklaus Blattner,Hans Genberg,Alexander Swoboda
Publisher : Springer Science & Business Media
Page : 324 pages
File Size : 41,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642515163

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Banking in Switzerland by Niklaus Blattner,Hans Genberg,Alexander Swoboda Pdf

Oliver Landmann Nobody needs to be convinced of the importance of banking for the Swiss economy. The financial sector grew well above average in the past decade and now accounts for almost 10 % of GDP. Compared to the economy-wide average, it creates more than double as much value added per employee and it is a major contributor to Swiss ex port revenues. But this is no cause for complacency. The industry is subjf:ct to rapid change as the competitive climate has become rougher nationally and internationally. Major structural weaknesses have corne to the surface which raise serious questions about the extent of the required structural adjustments. Thus, banking was an ideal candidate for a major case study in the framework of the National Research Programme No. 28 which is devoted to Switzerland's external economic challenges. The programme was commissioned by the Swiss government and is carried out by the Swiss National Science Foundation. The research project on the fmancial sector was directed by Professors Niklaus Blattner, Hans Genberg and Alexander Swoboda who assembled a team of research economists from the Graduate Institute of International Studies, the International Centre for Monetary and Banking Studies (both at Geneva) and the Labour and Industrial Economics Research Unit at the University of Basel. This joint research effort has yielded an impressive crop of descriptive data, analytical insights and policy-oriented conclusions.

Author : Nils Herger
Publisher : Springer Nature
Page : 185 pages
File Size : 51,7 Mb
Release : 2023-09-19
Category : Business & Economics
ISBN : 9783031359040

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Switzerland and its Banks by Nils Herger Pdf

This book provides a history of Swiss banking not confined to stereotypical opinions about secret numbered accounts. Instead, the presented history covers other intriguing events and developments beyond the famous issue of banking secrecy and the corresponding scandals. Topics covered in the book include the early financial innovations by banks in Geneva to handle the sovereign risk on bonds issued in pre-revolutionary France, the monetary chaos that led to the creation of the Swiss franc, the rather peculiar banknote competition and free-banking system in Switzerland during most of the nineteenth century, how the country and its currency became a financial safe haven after World War I, the golden age of Swiss banking when Zurich was briefly one of the largest financial centres in the world, and the exceptional shocks during and after the recent global financial crisis. In sum, a fascinating story emerges about an internationally important banking centre in one of the most unlikely places in the world. This book is a must-read for students, scholars, and researchers of economics and finance, as well as practitioners interested in a better understanding of economic history in general, and Swiss banking in particular.

Author : Youssef Cassis,Dariusz Wójcik
Publisher : Oxford University Press
Page : 272 pages
File Size : 54,9 Mb
Release : 2018-06-26
Category : Business & Economics
ISBN : 9780192549440

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International Financial Centres after the Global Financial Crisis and Brexit by Youssef Cassis,Dariusz Wójcik Pdf

As well as marking the tenth anniversary of the collapse of Lehman Brothers and the consequent unleashing of the global financial crisis, 2018 is also the year of negotiations on the terms of the UK's exit from the European Union. Within a decade the banking world has witnessed two epochal events with potential to redraw the map of international financial centres: but how much has this map actually changed since 2008, and how is it likely to change in the near future? International Financial Centres after the Global Financial Crisis and Brexit gathers together leading economic historians, geographers, and other social scientists to focus on the post-2008 developments in key international financial centres. It focuses on the shifting hierarchies of New York, London, Paris, Geneva, Zurich, Frankfurt, Singapore, Hong Kong, Beijing, Shanghai, and Tokyo to question whether Asian financial centres have taken advantage of the crisis in the West. It also examines the medium-effects of the crisis, the level of regulation, and the rise of new technology (fintech). By exploring these crucial changes, it questions whether shifts in the financial industry and the global landscape will render these centres unnecessary for the functioning of the global economy, and which cities are likely to emerge as hubs of new financial technology.

Author : Manfred Pohl
Publisher : Edward Elgar Publishing
Page : 1334 pages
File Size : 47,8 Mb
Release : 1994-01-01
Category : Business & Economics
ISBN : 1781954216

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Handbook on the History of European Banks by Manfred Pohl Pdf

Analyse: Banque cantonale vaudoise: p. 1072-1078.

Author : Benedicte Vibe Christensen,International Monetary Fund
Publisher : Unknown
Page : 40 pages
File Size : 47,5 Mb
Release : 1986
Category : Banks and banking
ISBN : 0939934744

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Switzerland's Role as an International Financial Center by Benedicte Vibe Christensen,International Monetary Fund Pdf

This paper was prepared by Benedicte Vibe Christensen in the European Department of the International Monetary Fund under the direction of Gyorgy Szapary. It describes developments in international financial transactions conducted through the Swiss banking system until December 1985.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 52 pages
File Size : 41,6 Mb
Release : 2014-05-28
Category : Business & Economics
ISBN : 9781498340809

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Switzerland by International Monetary Fund. Monetary and Capital Markets Department Pdf

This paper discusses key findings of the Financial System Stability Assessment on Switzerland. Stress tests indicate that the Swiss banks are robust against even severe shocks. Banks have increased their capital, and the two global banks have achieved substantial deleveraging. Swiss Financial Market Supervisory Authority has focused on significantly improving the quality of its supervision. Real estate bubbles appear to be emerging. With monetary instruments not available, macroprudential instruments are being introduced, but so far are limited and untested. Interest rates are negative at some maturities, threatening the business models of life insurance and pension companies.

Author : Franz E. Aschinger
Publisher : Unknown
Page : 40 pages
File Size : 52,5 Mb
Release : 1960
Category : Finance
ISBN : UOM:39015016723846

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Switzerland as a Financial Centre by Franz E. Aschinger Pdf

Author : Charles Poor Kindleberger
Publisher : Unknown
Page : 96 pages
File Size : 40,5 Mb
Release : 1974
Category : Finance
ISBN : STANFORD:36105013159202

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The Formation of Financial Centers by Charles Poor Kindleberger Pdf

Author : R. Ayadi,Emrah Arbak
Publisher : Springer
Page : 195 pages
File Size : 49,5 Mb
Release : 2013-11-19
Category : Business & Economics
ISBN : 9781137275042

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Financial Centres in Europe by R. Ayadi,Emrah Arbak Pdf

Assesses to what extent increased international cooperation could help selected financial centres in Europe respond to the future risks and opportunities facing them. The book identifies challenges that the jurisdictions face in coming years by means of representative samples and systematic comparisons of financial centres.