Clarity on Performance of Swiss Private Banks - Crisis as a catalyst for change

Item Type Monograph (Work Report)
Abstract

The crisis came after a period of generally favorable financial markets in 2019, which had already built greater confidence among Swiss banks. As a result of the Covid-19 related lockdown, banks swiftly implemented crisis management measures. This enabled them to continue serving clients from home offices without significant disruption. The speed with which change has been implemented following the lockdown - and the benefits this change has already begun to produce - has given banks the confidence that change is possible, and that it can deliver tangible results in a very short timeframe.

Authors Hintermann, Christian; Cloughesy, Kevin; Rosenast, Guido; Laamanen, Tomi; Isenring-Szabó, Kata; Maureau, Galdric & Ruhstaller, Stefan
Language English
Subjects business studies
social sciences
HSG Classification contribution to practical use / society
Date August 2020
Publisher KPMG AG Schweiz
Place of Publication Zurich, Switzerland
Series Name KPMG’s Clarity on Publication
Official URL https://home.kpmg/ch/en/home/insights/2020/08/clar...
Depositing User Kata Isenring-Szabó
Date Deposited 10 Dec 2020 14:45
Last Modified 10 Dec 2020 14:45
URI: https://www.alexandria.unisg.ch/publications/261655

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Citation

Hintermann, Christian; Cloughesy, Kevin; Rosenast, Guido; Laamanen, Tomi; Isenring-Szabó, Kata; Maureau, Galdric & Ruhstaller, Stefan: Clarity on Performance of Swiss Private Banks - Crisis as a catalyst for change. Zurich, Switzerland : KPMG AG Schweiz, 2020.

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https://www.alexandria.unisg.ch/id/eprint/261655
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