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.
Publication date: April 2000
ISBN: 9781451957297
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Banks and Banking , Banks and Banking , Developing and Emerging Countries , Developing and Emerging Countries , investment banking , private banking , private banks , foreign banks , national bank

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