Swiss Banking Power explores how Switzerland, despite its small size and landlocked status, became a major player in international finance. The book argues that this success is no accident, but the result of strategic policy decisions, historical circumstances like Swiss neutrality, and a continuous adaptation to global economic shifts. Intriguingly, Swiss neutrality has played a key role in safeguarding assets during international conflicts, contributing to the nation’s financial stability.
The book traces the evolution of Swiss banking, from its legal framework to its adaptation to international regulations. It examines the development of banking secrecy laws, their justifications, and the ethical debates they have sparked. Through historical archives, economic data, and case studies, the book demonstrates the interplay of economic, political, and historical forces.
The book progresses by first introducing the foundational concepts of Swiss banking, then exploring Swiss neutrality, banking secrecy laws, and finally examining the practical implications of Swiss banking practices. This book adopts a fact-based approach, avoiding jargon and providing clear explanations of complex financial concepts like financial regulation and economic policy. This makes it a valuable resource for students, professionals in finance, and anyone interested in understanding the dynamics of international finance and the role of nation-states within it.
