At first, there were eight big banks in Switzerland. After many mergers and acquisitions, especially 1993 and 1997, there are only two big Swiss banks left.
The total assets and liabilities of these two banks have accounted for 62% of the entire Swiss banking industry, and the number of employees accounts for 52.7% of the total number of bank employees. They took over 40% of credit business and nearly 40% of real estate mortgage business in Switzerland, and the Swiss inter-bank business was mainly undertaken by them.
The main business departments of the bank are: asset management, stock trading, foreign exchange trading, precious metal trading, letter of credit, guarantee and financial derivatives trading;
Their branches and service networks are all over the world;
In terms of total assets and liabilities, the combined UBS is the fourth largest bank in the world;
After the merger with Fengtai Insurance Company, the second largest insurance company in Switzerland, Credit Suisse Group became one of the largest financial services groups in the world, ranking first in the field of asset management of private and public institutions.