Banking Barometer 2023

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Table of contents

Executive Summary

Economic policy environment

Economic developments

Interest rate situation

Financial stability

Digital finance, innovation and cyber security

Regulation and compliance

Taxation

Market access

Net income

Trends in 2022

Mixed economic environment in first half of 2023

Balance sheet

Trends in 2022

Balance sheet total remains unchanged in first half of 2023

Assets under management

Trends in 2022

Assets under management up after first half year

Number of staff at banks in Switzerland

Trends in 2022

Headcount at Swiss banks robust prior to events at Credit Suisse

Swiss Banking Outlook

Economic outlook slowly improving

Successful interest operations driving net income

Digital customer experience and sustainable finance seen as key opportunities

Growth in sustainable finance continuing