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Foreign businessman having a telephone discussion by the Geneva lakefront. Geneva claims to have invented private banking, and 125 banks - many of them foreign, handle an estimated 40% of foreign assets, overt and covert in Switzerland.The city of Calvin is also home to hundreds of finance companies and independent asset managers feeding into this system. It has also become a major centre for trading companies dealing in primary materials ranging from oil to wheat.
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Foreign businessman having a telephone discussion by the Geneva lakefront. Geneva claims to have invented private banking, and 125 banks - many of them foreign, handle an estimated 40% of foreign assets, overt and covert in Switzerland.The city of Calvin is also home to hundreds of finance companies and independent asset managers feeding into this system. It has also become a major centre for trading companies dealing in primary materials ranging from oil to wheat.