Foreign Banks Pack Their Bags In SwitzerlandGuest Post
Foreign Banks Pack Their Bags In Switzerland by Matthew Allen, Swissinfo.ch
The foreign banking sector in Switzerland has been hit by a wave of dissolving or merging banks in recent years. Major players from China and Brazil are being tipped to take their place.
Numbers of foreign-owned banks in Switzerland have declined from 162 at their peak in 2009 to 121 at the end of May this year with the likes . . .
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