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3 unusual facts about Banking in Switzerland


Banking in Switzerland

The campaign causing the highest outlays (US$1.25 billion in 1999) on the part of the Swiss banking industry as of 2009 was the World Jewish Congress lawsuit against Swiss banks launched by Edgar Bronfman, president of the World Jewish Congress, in concert with US Senator Alfonse d'Amato of New York.

The first private banks were created in St. Gallen in the mid-18th century and in Geneva in the late 18th century as partnerships, and some are still in the hands of the original families such as Hottinger and Mirabaud.

Monsieur Alfonse

Alfonse also has a small fortune in a Swiss bank account; therefore, Edith's mother agrees with the match, as Alfonse would make a better husband financially.



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