Switzerland ranks among the world's wealthiest countries and has a highly developed financial system. Institutions conduct business domestically and globally; local operations attract high volumes of foreign business. Finance is a major export industry and a sizeable contributor to GDP and employment.
The outsized share of the banking sector in the economy poses risks. The size of the balance sheets of the two largest banks-UBS and Credit Suisse-could be problematic if their assets deteriorate. Structural changes to the global financial sector and intensifying pressure on banking secrecy legislation also pose risks.

Financial services report 2

Banks 3

Insurers 6

Asset managers 8

Financial markets and instruments 10

Financial regulation 12

Monetary and currency policy 13

Switzerland at a glance 15

Fundamental indicators 16

Key contacts 17

Industry publishing schedule 18

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