Clarity on Performance of Swiss Private Banks - Bigger is better in the quest for success
KPMG’s Clarity on Publication
Swiss banks continue to rely excessively on financial markets. While good performances in 2017 were heavily driven by the positive market environment, a more challenging 2018 has exposed how weak banks really are. Most have made insufficient progress to enhance business and operating models or to adapt strategies and set ups to ensure sustainable success. If markets take a downturn, most banks will suffer - many to the point of extinction.
contribution to practical use / society
KPMG AG Schweiz