“Smaller” Swiss private banks struggling in current climate: KPMG report

16 January 2013 | 1 minute read

The plethora of obstacles currently facing Swiss private banks has had a pronounced effect on the top and bottom-line performance of smaller banks in particular, according to a recent report by KPMG and the University of St. Gallen. The report highlights significant challenges that have smaller industry players —specifically those with assets under management of CHF5 billion (US$5.4 billion) or…

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