Christian Hintermann

Christian Hintermann

Partner, Head of Advisory Financial Services

Bull markets help Switzerland’s private banks to recover

Switzerland’s private banks are emerging from a dark period in their history. The weight of regulatory change over the past ten years has proved too big a burden for some. And structural change in the industry has caused others to go out of business or be absorbed by competitors.

A lack of radical change hits Swiss private banks’ performances

Analyzing the performances of 85 of Switzerland’s 114 private banks produces a bleak picture. Almost every key performance indicator (KPI) deteriorated in 2016 – sometimes significantly. The vast majority of banks have not taken the action needed to reverse their decline.

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.

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.

Performance der Schweizer Privatbanken

Den grossen Schweizer Privatbanken ist es gelungen, sich gegenüber dem Vorjahr zu steigern und eine gesamthaft konsistentere Leistung zu erzielen. Die Situation für zahlreiche kleinere und mittlere Banken bleibt hingegen kritisch. Dies zeigen wir in unserer neusten Ausgabe der Studie „Performance der Schweizer Privatbanken“, die in Zusammenarbeit mit der U […]