The Golden Age (1946–1970s)

Nils Herger
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Nils Herger: Study Center Gerzensee

Chapter Chapter 7 in Switzerland and its Banks, 2023, pp 105-117 from Springer

Abstract: Abstract The decades after the end of World War II in 1945 represent the golden age of Swiss banking. In particular, the global expansion of the big banks, especially their divisions dealing with international wealth management, transformed Zurich into one of the largest offshore banking centres in the world. This chapter reviews this golden age and, in particular, assesses the importance of banking secrecy, currency convertibility, and other factors in explaining the extraordinary international expansion of Switzerland’s banks.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:frochp:978-3-031-35904-0_7

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DOI: 10.1007/978-3-031-35904-0_7

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