Companies that manufacture in Switzerland while generating revenues in euros or U.S. dollars are feeling the direct impact of exchange-rate fluctuations. At the same time, demand in several key export markets has weakened.
«For many companies, uncertainty has shifted from being the exception to becoming the new normal,» Andy Kollegger, Head Institutional and Multinational Banking at UBS, told finews.
«Clients increasingly view us as both a strategic sparring partner and a solutions provider.»
Client Conversations Are Becoming Broader and More Strategic
The evolving business landscape is also changing the relationship between Swiss companies and the country’s largest bank.
