Swiss Banking's Hot Spots in 2018

Regulation, homemade crises, or corporate raiders – Swiss banks face a host of challenges in coming months. finews.com lists the top-ten. 

1. Transparent Bank Clients

With 2017 as the glide path, this year is the Swiss banks will begin automatically exchanging data on their clients with 38 other nations – an unprecedented undertaking in the history of the alpine nation's closely-guarded banking secrecy tradition. Next year, the data-swapping procedure is to be expanded to another 41 countries – including some such as Saudia Arabia (see point 4), Russia and China, which has proven highly controversial among private bankers.