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.
In order to survive digital transformation and successfully secure its competitive edge in the long term, the Swiss economy will have to win out over a range of disruptive forces. In its whitepaper “Shaping Switzerland’s digital future”, KPMG outlines 7 areas of innovation and opportunity for Switzerland.
Investment in the European real estate market dropped significantly in Q2 2016 compared to the same quarter last year, falling by 26 percent. EUR 107.5 billion was invested in H1 2016, down by 30 percent compared to the same period in 2015.