The inaugural ZHAW Swiss Private Banking Conference will take place on November 13, 2024, in Zurich, focusing on "NextGen Wealth Management." The event features a keynote by Dr. Patrick Hauf on "AI – A Silent Revolution in Wealth Management," followed by an award ceremony for the top private banks and a panel discussion with industry experts. Attendees can register online for the event, which includes a networking aperitif.
Switzerland remains the top global wealth management center, managing $2.2 trillion in foreign assets, but its lead is narrowing, with the UK and USA closing in. Factors such as growth in Asia, increased competition, the fallout from the Credit Suisse crisis, and overregulation are challenging its dominance. To maintain its position, Switzerland must enhance regulatory frameworks and invest in digital transformation.
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