Swiss banks

Time to transform tax reporting?

In times of international tax transparency, being tax compliant has become more relevant than ever before. Consequently banks are focusing on tax reporting for individual clients. KPMG’s latest survey analyses how Swiss private banks answer the demand for tax reports requested by their foreign private clients.
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How Swiss private banks can reignite growth

Swiss private banks have been on the defensive for a decade. We think the time has come to go on offense through commercially-driven transformation. By focusing on their strengths, and partnering for their non-core activities, Swiss private banks have a real opportunity to maximize value and grow again.
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The 5 most challenging trends for Swiss private bankers

10 percent of private banks did not survive 2015. KPMG’s joint study with the University of St. Gallen finds that many banks’ efforts to adapt their business and operating models to the new environment have proven insufficient. Despite trying to turn around their performances, many banks face a stark reality - they can’t survive.
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Flight or Fight? Swiss private banks must come off the fence

Flight or Fight? Private banks are being faced with a tough decision: whether they prefer to adjust their business and operating models to the new realities or to exit the market. For sure, the recent news of a private bank's insolvency is still considered a rather extraordinary event.
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CEOs facing major challenges – in Switzerland and around the world

A global KPMG survey of over 1,200 CEOs reveals the importance of transforming business models and the battle for satisfied customers.In Switzerland, these findings are even more relevant in light of the strong franc, negative interest rates in real terms and unresolved issues surrounding the country’s bilateral relations with the EU.
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Swiss Financial Market: Regulatory Outlook 2015

Regulatory bodies all over the world continue to address issues that became apparent in the financial crisis. The beginning of the New Year is a good point in time to take stock of the regulations that has entered into force on 1 January 2015, and of regulations in discussion during 2015.
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