The Swiss Share in International Markets for Bank Deposits and Bonds

  • Ulrich Camen
Conference paper
Part of the Studies in Contemporary Economics book series (CONTEMPORARY)


Independently of the rejection of Swiss EEA membership in the recent popular vote, deregulation of financial markets will be an important concern of banks located in Switzerland in the foreseeable future. This paper assesses the position of banks located in Switzerland in international financial markets and attempts to identify the key factors that will affect their position. The focus will be on two main international activities: on-balance-sheet activities including fiduciary transactions, and activities in the international bond markets. In both activities Swiss banks had traditionally a strong position internationally.


International Bond Bond Market Bond Issue Swiss Franc Foreign Bond 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Andrist, F. and Schlup, Th. (1990), Das Auslandsgeschäft der Banken 1975 – 1989, Volkswirtschaft, Mai 1990.Google Scholar
  2. Arbeitskreis Kapital und Wirtschaft (1992), Bedroht der EWR die Zinsinsel Schweiz? Sriftenreihe Rahmenbedingungen, Zürich.Google Scholar
  3. Benzie, R. (1992), The Development of the International Bond Market, Bank for International Settlement Economic Paper No. 32, January, Basel.Google Scholar
  4. Binder, E. (1989), The Swiss Franc Bond Market, in: The European Bond Commission, The European Bond Markets. An Overview and Analysis for Issuers and Investors, Chicago, Ill.: Probus Publishing Company.Google Scholar
  5. BIS (1991), International Banking and Financial Market Developments, May, Basel.Google Scholar
  6. Breining-Kaufmann, Ch. and Merz, P. (1992), Auswirkungen des freien Kapitalverkehrs im EWR-Vertrag, Aktuelle Juristische Praxis, 10.Google Scholar
  7. Bridel, P. (1984), Essai d’estimation de la part suisse à l’activité financière internationale 1975–1983, Geld, Währung, und Konjunktur.Google Scholar
  8. Camen, U. (1992), The Swiss Position in the International Market for Non-Bank Deposits, in: Blattner, N., Genberg, H., and Swoboda, A. (Eds.), Competitiveness in Banking, Heidelberg: Physica-Verlag.Google Scholar
  9. Christensen, B. V. (1986), Switzerland’s Role as an International Financial Center, IMF, Occasional Paper 45, July, Washington.Google Scholar
  10. The Economist, September 15, 1990.Google Scholar
  11. Euromoney, May 1992.Google Scholar
  12. Financial Times, various issues, London.Google Scholar
  13. Gilbert, A. R. and Fluri, R. (1990), The International Bond Market: Why is the Market in Switzerland so large? unpublished paper.Google Scholar
  14. Grilli, V. (1989), Financial Markets, Economic Policy, October.Google Scholar
  15. OECD (1991), Financial Market Trends No. 50, October, Paris.Google Scholar
  16. OECD (1979), Financial Market Trends No. 10, June, Paris.Google Scholar
  17. Sheldon, G. (1992), Explaining the Cross-Country Distribution of International Bank Deposits, in: Blattner, N., Genberg, H. and Swoboda, A. (Eds.), Competitiveness in Banking, Heidelberg: Physica-Verlag.Google Scholar
  18. SNB (1990), Statistische Erhebungen and Informationen, Zürich.Google Scholar
  19. UBS (1991), UBS International Finance, Winter 1991.Google Scholar
  20. Witschi, D. (1987), Swiss Money Market in Transition, in: Swiss Bank Corporation, Economic and Financial Prospects no. 6.Google Scholar
  21. Zwahlen, J. (1992), La place financière suisse et la politique monétaire face au processus d’intégration européenne, conférence publique organisée par le Centre International d’Etudes Monétaires et Bancaires à l’Institut Universitaire de Hautes Etudes Internationales (HEI), Genève le 26 novembre 1992.Google Scholar

Copyright information

© Physica-Verlag Heidelberg 1993

Authors and Affiliations

  • Ulrich Camen

There are no affiliations available

Personalised recommendations