Why does the "tiny" Switzerland have a strong financial industry? What important periods did the development of Swiss finance experience to reach its current stage? What are the core elements that enable Switzerland to become a global financial center? What secrets of financial development can we glimpse from the development of Switzerland? Starting from the origin of Swiss finance in the Roman period, this book introduces the history of Swiss financial development in the past 1, 500 years, vividly displaying the important periods that Swiss finance has experienced, such as the initial stage, linen era, silk era, French Revolution, steel and machinery. It focuses on the key historical events that have played an important role in the development of Swiss finance, such as the mysterious world of private Gott banks, Swiss bank secrecy laws, and Switzerland’s survival during the Second World War. It also analyzes how Swiss banking giants such as Credit Suisse, UBS, and Zurich Insurance Group were born, developed, and merged into giant banking groups. This book also analyzes in detail how Credit Suisse, a Swiss banking giant, gradually approached the decision-making moment in March 2023 over the past 15 years, and expounds on the feasibility of achieving win-win development between China and Swiss financial development. The author of this book depicts the history of Swiss finance into a fascinating and interesting picture scroll, cherishing important events at every stage. This book will be a window for businesspeople and readers to understand the little-known financial world.
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