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Geneva: A sustainable finance hub
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Economic Survey 2023-2024
Solidity and dynamism of the Geneva financial centre
Economic Survey 2023-2024
Solidity and dynamism of the Geneva financial centre
/en-ch/news/2023-10-12-economic-survey-2023-2024
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Press Conference 2023
Robust and dynamic growth of the financial centre
/en-ch/news/2023-10-12-press-conference-2023
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Plaidoyer pour une neutralité réglementaire
Le "Swiss Finish" doit être évité
/en-ch/news/2023-08-14-plaidoyer-pour-une-neutralite-reglementaire
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Economic Survey 2023-2024
Solidity and dynamism of the Geneva financial centre
Discover the results
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Economic Survey 2023-2024
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Press Conference 2023
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Newsletter

A living fondation !

Stay connected to the news of the Place to discover press releases, opinions and
events not to be missed.

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The Geneva financial center


KEY FIGURES




View all figures
37900
Financial and related professional services employment in Geneva
13.1%
Contribution of the financial sector as a share of Geneva State GDP
87
banks
View all figures



TALENTS, COMPETITIVENESS AND INNOVATION


DISCOVER THE ASSETS OF THE GENEVA FINANCIAL CENTER IN 45 SECONDS!

Today Geneva is universally recognized as a global financial center. Its
reputation depends on the expertise and skills of the 37,900 people working in
finance and banking. Innovation is another key success factor. The Geneva
financial center is exploring many promising avenues to pioneer the finance of
the future, including FinTech, sustainable finance and philanthropy.



Geneva Financial Center




BUILDING BRIDGES 2023


THE GENEVA FINANCIAL CENTER IS PROUD TO BE A FOUNDING PARTNER OF BUILDING
BRIDGES

Building Bridges 2023 took place on October 2-5 at the CICG in Geneva and hosted
transformative discussions that will shape the global sustainable finance
agenda. Watch the recording of this ground-breaking conference to accelerate the
transition of our economic model and connect with 2000+ actors from the finance
industry, the corporate sector, the sustainable development community, and young
entrepreneurs.


SAVE THE DATE FOR THE NEXT EDITION OF BUILDING BRIDGES ON 9-12 DECEMBER 2024!

Relive the experience & Watch the livestreams


Geneva Financial Center




SWITZERLAND, A LONG-TIME GLOBAL LEADER IN CROSS-BORDER WEALTH MANAGEMENT


USD 2,400 BILLION AUM

In the latest edition of the Boston Consulting Group's (BCG) Global Wealth
Report, published at the end of June, Switzerland continues to top the list of
financial centres ranked according to the volume of cross-border assets.
 

With USD 2,400 billion in foreign-owned assets managed in Switzerland,
Switzerland is ahead of Hong Kong (USD 2,200 billion) and Singapore (USD 1,500
billion).

BCG Global Wealth Report 2023



Geneva Financial Center




EY BANKING BAROMETER 2023



The "EY Banking Barometer 2023" conducted by Ernst & Young underlines that Swiss
banks show resilience despite a turbulent fiscal year 2022 and are now at a
turning point: "Due to the turnaround in interest rates, banks expect higher
margins in the longer term and are therefore optimistic about the future".
According to the 100 banks polled for this study, the war in Ukraine, high
energy prices, problems with supply chains, the rise in inflation and the
accompanying interest rate hikes have kept them very busy in 2022. In view of
the uncertain situation, the focus in 2023 is on cost efficiency, talent
management and sustainability.

 



Geneva Financial Center




A UNIQUE CHAIN OF EXPERTISE

Created in 1991 by the 80 banks that were members of the Geneva stock exchange,
the Geneva Financial Center (GFC) is the umbrella association of the financial
sector. The financial sector generates 35,600 jobs and accounts for 12% of
Geneva's GDP. It is based on three main pillars: private and institutional
wealth management, commodity trade financing, and commercial and retail banking.
With the presence of activities such as marine freight and inspection, Geneva
has emerged as an economic cluster with a unique concentration of skills. The
central mission of the Geneva Financial Center is to support this value chain
and to contribute to the development of  an optimal business environment for all
financial center partners.

Find out more


Geneva Financial Center


Fondation Genève Place Financière
Rue du Général-Dufour 15, CH - 1211 Geneva 3
Phone : +41 (0)22 849 19 19


Fondation Genève Place Financière
Rue du Général-Dufour 15, CH - 1211 Geneva 3
Phone : +41 (0)22 849 19 19

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