Swiss Finance - 9783031231933

Swiss FinanceBanking, Finance, and Digitalization\nAuthor(s): Henri B. Meier, John E. Marthinsen, Pascal A. Gantenbein, Samuel S. Weber\nFormat: Hardback\nPublisher: Springer International Publishing AG, Switzerland\nImprint: Palgrave Macmillan\nISBN-13: 9783031231933, 978-3031231933\nSynopsis\nHow could a small country in the middle of Europe, surrounded by much bigger countries and economic giants like Germany and France and in direct competition with North American and Asian rivals, develop world-class, cutting-edge financial markets? Swiss Finance answers this question, separating myth from reality, by explaining how Switzerland managed dramatic pressures brought to bear on its financial markets during the past two decades, perhaps none of them so great as the:\n\n Competitive challenges caused by changes in Switzerland's banking secrecy laws and practices,\n\n Shifting tide of new wealth generation toward Asia ([url] China, Singapore, and South Korea), \n\n Burdensome federal st.