China Banks to Open Further Swiss Branches?

Two Chinese banks have opened branches in Zurich so far. The representatives of the French-speaking financial markets in Switzerland now hope to convince the managers in China to soon set foot in the traditional home of private banking as well.

The Greater Geneva Bern Area (GGBa), a business promoter founded in 2010, has Chinese business as its prime target – with a special emphasis on the banking industry. The talks about the opening of branches in Western Switzerland seem to be at an advanced stage.