Nervous US investors look to Swiss stability

Wednesday, 26 March 2025 06:30

Billions of dollars from wealthy American clients are said to be flowing into Switzerland.

A report in the Financial Times says private bankers and family offices are all reporting increased interest.

While most banks are remaining quiet, Vontobel Bank confirms it has seen increased interest from the US.

Analysts believe Americans are seeking a safe sanctuary for their cash and looking to diversify their portfolios.

Rahul Sahgal, head of the Swiss American Chamber of Commerce, tells the Blick that Americans know Swiss banks are competent and the franc is stable.

More from Bitesize News

Geneva could foot the G7 bill

Geneva fears it will be left with the security bill from a G7 summit just across the border in Évian, according to 24 heures.
US NGO discovers Swiss child abuse cases

Switzerland relies too heavily on an American NGO to detect child sexual abuse online, raising questions about the country's ability to protect children on its own.
French singer banned by Paleo

The Paléo Festival in Nyon says it will no longer invite French singer Patrick Bruel, after a former volunteer accused him of inappropriate behaviour.
Cars going uninspected

The cantons are struggling to keep up with mandatory vehicle inspections, leaving more than 550,000 checks overdue nationwide.
War may lead to rent rises

Rents may rise again, says the bank Raiffeisen.
Not a heatwave, yet

Summer has arrived, with temperatures climbing past 30 over the long weekend. Basel reached 31 and Sion hit 32.4, but MeteoSwiss, says this does not yet count as an official heatwave.