Swiss banks recovered in 2010: 50% profits improvement

, Comments 0 comments ZURICH, SWITZERLAND - Put the Swiss banking crisis in the past tense, with the Swiss National Bank’s new report on the state of Swiss banking showing that in 2010 the gross profit for the country’s 320 banks was CHF18.9 billion, a roughly 50 percent improvement over 2009. The aggregate balance sheet for all Swiss banks [...]

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