Quick and easy access to relevant information and analyses concerning the Geneva financial center. Presentatin of the main advantages that set Geneva’s financial center apart: competitiveness, talent, and innovation. It should not be forgotten that Geneva owes its reputation as one of the most competitive financial centers in the world to its ability to reinvent itself through innovation over the past 500 years. This creativity has enabled the city to develop the expertise that has led to the emergence of a unique business "cluster" comprised of banks, commodity trading, multinationals, universities and sustainable finance.
The Geneva Financial Center focuses its activities on three main strategic priorities: Commitment to maintaining a favourable business environment; Increase in promotional and communication initiatives; Particular emphasis on continuing professional development for employees in the financial sector
The diversity of actors that are the lifeblood of the Geneva financial center is the secret of its success. A wide variety of banking groups and numerous financial intermediaries have emerged over the years and now offer a wide range of products and services. Today they offer a wide range of products and services in the following three areas: Private and institutional wealth management; Commercial and retail banking; Commodity trade financing
Three key figures about the Geneva financial center:
- 37,000 people working the financial sector
- 40% of Geneva's GDP together with the commodity trading sector
- 13th largest financial center in the world
Competitiveness: stability and excellence
Geneva has emerged as one of the world's most competitive financial centers due to the stability of its business and regulatory environment, the quality of its infrastructure, and the solid partnerships that exist between universities and the financial sector.
Talent: a large pool of expertise
With 37,000 people employed in the financial sector, Geneva offers a highly qualified workforce.
Innovation: huge untapped digital potential
Committed in equal measure to transparency and the protection of privacy, firmly rooted in tradition but nonetheless innovative at the same time, the Geneva financial center stands out by its high level of investment in digital research and development.
Economic Survey 2016-2017The 2016-2017 Economic Survey indicates that financial intermediaries face numerous sources of uncertainty, which impact both business success and employment numbers. On the positive side, Switzerland now boasts two world-class financial centres. The Geneva Financial Center supports close cooperation between Geneva and Zurich to reinforce the attractiveness of their business conditions, which benefits of the country as a whole.