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The growth in the private banking sector in Switzerland 15/07/10

The interest to the Swiss financial institutions has considerably grown this year. The assets which are in management of the Swiss banks show a stable gain, and, despite crisis, the Swiss financial institutions have kept a status of the most reliable in the world. According to Boston Consulting Group, there was stored about 27 % (1,6 billion euro) from universal investments of VIP-clients in domestic banks last year. According to analysts, a difficult financial position of the majority of the eurozone countries forced to cut down costs and to increase taxes because of budget deficit promotes further flight of the European capitals to Switzerland.
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