Switzerland: Selected Issues and Statistical Appendix
The Swiss banking system is characterized by a two-tier structure. The first tier is composed of the two large banks and some smaller banks focused on private banking, all of which have a significant international presence. These banks represent, so to speak, the "international face" of the Swiss banks. They are mostly joint-stock companies or privately owned (unlimited personal liability). The second tier is composed of a varied group of banks, mostly focused on domestic, or even regional, business.
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Volume/Issue:
Volume 2000
Issue 043
Publication date: April 2000
ISBN: 9781451957297
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Topics covered in this book
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Business and Economics , Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , asset , bank , cantonal bank , share , portfolio share , portfolio equity assets , foreign assets , asset characteristic , Foreign assets , Current account , Foreign banks , Current account surpluses , Investment banking , Global , Europe
Summary
The Swiss banking system is characterized by a two-tier structure. The first tier is composed of the two large banks and some smaller banks focused on private banking, all of which have a significant international presence. These banks represent, so to speak, the “international face” of the Swiss banks. They are mostly joint-stock companies or privately owned (unlimited personal liability). The second tier is composed of a varied group of banks, mostly focused on domestic, or even regional, business.
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