Swiss finance shrinks as regulators tighten grip on prized sector

Stricter post-Credit Suisse oversight sets nation on different path to US in particular.

10 November, 2025 by Mercedes Ruehl in Zurich

The ranks of Switzerland’s prized finance sector are shrinking, as tighter regulation and industry consolidation force smaller wealth managers and private banks to close or merge.

As of last month, 1,570 financial institutions held a licence, according to the regulator’s public registers of

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