Why are Swiss Banks so highly regarded?
Swiss banks have earned a reputation around the world for providing sophisticated and discreet banking services. There are about 400 banks in Switzerland, ranging from the “Big Banks” down to small banks serving the needs of a single community or a few special clients. Banks are licensed by the Swiss Federal Government through FINMA (Swiss Financial Market Supervisory Authority), and may operate throughout the country. A number also have offices or other representation in foreign countries. The approximately 400 licensed banks in Switzerland include the Swiss branches of banks which have their headquarters elsewhere.
