Relationships with and access to the EU as a central challenge

The future of wealth management in Switzerland came under the spotlight at the first Private Banking Day. As a largely export-led business, private banking is reliant on the access to the European single market and the flexible recruitment of qualified specialists also from abroad and, in particular, the EU. Invites to the Private Banking Day in Geneva were issued jointly by the Association of Swiss Private Banks (ASPB) and the Association of Swiss Asset and Wealth Management Banks (VAV-ABG). The event was attended by renowned exponents from the worlds of private banking, science, politics and administration.