Thursday 13 October 2016

Economic Survey 2016-2017


The Geneva Financial Center carried out this Economic Survey according to the methodology used in previous years. The survey is sent to directors of banks and independent asset managers in Geneva every year in June. The results presented in the following pages reflect their analyses and perceptions.

The survey provides long-term data and is therefore a useful tool to measure changes in opinion among financial intermediaries regarding business performance and the outlook for the Geneva financial center.

The 2016-2017 Economic Survey indicates that financial intermediaries face numerous sources of uncertainty, which impact both business success and employment numbers. Several indicators have declined and revenues are down.  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.