Following a constant fall in the number of Swiss private banks over the past decade, the industry has divided into two halves. The stronger banks are performing well, having streamlined operations and strategically repositioned themselves in recent years. This has seen them achieve high levels of AuM growth from Net New Money (NNM) and market performance – though all banks face challenging times ahead as the economic environment worsens.
In the charts below, we set out some of the most interesting historical trends in Switzerland's wealth management sector.
Sample of key findings
View four examples of key findings from our study below. Read the full report for our insights across more aspects of Swiss private banks' results.
Number of private banks continues to fall
71 have disappeared since we launched our annual publication 12 years ago. There are now 92 Swiss private banks left in the market.
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Record high for AuM (CHFbn)
Asset under Management (AuM) hit record high of CHF 3.3tn last year, up 12.9% on the prior year almost double the level of 2015.
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Return on Equity gap widens
The RoE of the various bank clusters was remarkably similar in 2015. By 2021, they were dramatically different.
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Net New Money grows for third year in a row
Record levels of NNM saw CHF 131bn generated in 2021, which was the third consecutive year of strong and increasing NNM.
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