{"id":563,"date":"2026-08-05T11:43:17","date_gmt":"2026-08-05T11:43:17","guid":{"rendered":"https:\/\/baarda.ch\/?p=563"},"modified":"2026-08-05T11:43:17","modified_gmt":"2026-08-05T11:43:17","slug":"what-is-the-top-25-of-banks-in-switzerland","status":"publish","type":"post","link":"https:\/\/baarda.ch\/?p=563","title":{"rendered":"What is the top 25 of banks in Switzerland?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Gemini: The largest banks in Switzerland, ranked by total assets on their balance sheet, are listed below:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Rank<\/th><th>Bank Name<\/th><th>Category \/ Type<\/th><th>Total Assets (CHF Billion)<\/th><\/tr><\/thead><tbody><tr><td><strong>1<\/strong><\/td><td><strong>UBS AG<\/strong><\/td><td>Major Bank<\/td><td>628.3<\/td><\/tr><tr><td><strong>2<\/strong><\/td><td><strong>UBS Switzerland AG<\/strong><\/td><td>Major Bank (Retail\/Domestic)<\/td><td>500.7<\/td><\/tr><tr><td><strong>3<\/strong><\/td><td><strong>Raiffeisen Switzerland<\/strong><\/td><td>Cooperative Banking Group<\/td><td>323.0<\/td><\/tr><tr><td><strong>4<\/strong><\/td><td><strong>Z\u00fcrcher Kantonalbank (ZKB)<\/strong><\/td><td>Cantonal Bank<\/td><td>206.2<\/td><\/tr><tr><td><strong>5<\/strong><\/td><td><strong>PostFinance AG<\/strong><\/td><td>Financial Services (Swiss Post)<\/td><td>104.4<\/td><\/tr><tr><td><strong>6<\/strong><\/td><td><strong>Pfandbriefbank<\/strong><\/td><td>Specialized Mortgage Bond Institution<\/td><td>102.9<\/td><\/tr><tr><td><strong>7<\/strong><\/td><td><strong>Bank Julius B\u00e4r &amp; Co. AG<\/strong><\/td><td>Wealth Management \/ Private Bank<\/td><td>101.7<\/td><\/tr><tr><td><strong>8<\/strong><\/td><td><strong>Migros Bank AG<\/strong><\/td><td>Retail Bank<\/td><td>62.3<\/td><\/tr><tr><td><strong>9<\/strong><\/td><td><strong>Luzerner Kantonalbank AG<\/strong><\/td><td>Cantonal Bank<\/td><td>62.2<\/td><\/tr><tr><td><strong>10<\/strong><\/td><td><strong>Banque Cantonale Vaudoise (BCV)<\/strong><\/td><td>Cantonal Bank<\/td><td>61.6<\/td><\/tr><tr><td><strong>11<\/strong><\/td><td><strong>Basler Kantonalbank<\/strong><\/td><td>Cantonal Bank<\/td><td>57.4<\/td><\/tr><tr><td><strong>12<\/strong><\/td><td><strong>St.Galler Kantonalbank AG<\/strong><\/td><td>Cantonal Bank<\/td><td>48.1<\/td><\/tr><tr><td><strong>13<\/strong><\/td><td><strong>Union Bancaire Priv\u00e9e (UBP) SA<\/strong><\/td><td>Private Bank \/ Wealth Management<\/td><td>47.9<\/td><\/tr><tr><td><strong>14<\/strong><\/td><td><strong>Berner Kantonalbank AG (BEKB)<\/strong><\/td><td>Cantonal Bank<\/td><td>43.0<\/td><\/tr><tr><td><strong>15<\/strong><\/td><td><strong>Aargauische Kantonalbank<\/strong><\/td><td>Cantonal Bank<\/td><td>41.9<\/td><\/tr><tr><td><strong>16<\/strong><\/td><td><strong>EFG Bank AG<\/strong><\/td><td>Private Banking Group<\/td><td>39.4<\/td><\/tr><tr><td><strong>17<\/strong><\/td><td><strong>Valiant Bank AG<\/strong><\/td><td>Regional \/ Retail Bank<\/td><td>37.9<\/td><\/tr><tr><td><strong>18<\/strong><\/td><td><strong>Basellandschaftliche Kantonalbank<\/strong><\/td><td>Cantonal Bank<\/td><td>37.6<\/td><\/tr><tr><td><strong>19<\/strong><\/td><td><strong>Graub\u00fcndner Kantonalbank<\/strong><\/td><td>Cantonal Bank<\/td><td>36.3<\/td><\/tr><tr><td><strong>20<\/strong><\/td><td><strong>Thurgauer Kantonalbank<\/strong><\/td><td>Cantonal Bank<\/td><td>36.0<\/td><\/tr><tr><td><strong>21<\/strong><\/td><td><strong>Banque Cantonale de Gen\u00e8ve (BCGE)<\/strong><\/td><td>Cantonal Bank<\/td><td>34.9<\/td><\/tr><tr><td><strong>22<\/strong><\/td><td><strong>Banque Cantonale de Fribourg<\/strong><\/td><td>Cantonal Bank<\/td><td>29.5<\/td><\/tr><tr><td><strong>23<\/strong><\/td><td><strong>Schwyzer Kantonalbank<\/strong><\/td><td>Cantonal Bank<\/td><td>24.2<\/td><\/tr><tr><td><strong>24<\/strong><\/td><td><strong>Bank Vontobel AG<\/strong><\/td><td>Investment &amp; Wealth Management<\/td><td>22.9<\/td><\/tr><tr><td><strong>25<\/strong><\/td><td><strong>Banque Cantonale du Valais<\/strong><\/td><td>Cantonal Bank<\/td><td>22.0<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Key Structural Highlights<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>UBS Group Dominance:<\/strong> Following the absorption and operational integration of Credit Suisse, UBS entities (UBS AG &amp; UBS Switzerland AG) represent roughly <strong>35\u201340%<\/strong> of total Swiss banking assets.<\/li>\n\n\n\n<li><strong>Cantonal Banks:<\/strong> State-backed regional public banks (such as ZKB, BCV, LUKB) make up more than half of the top 25 institutions, holding approximately a quarter of the entire nation&#8217;s banking assets.<\/li>\n\n\n\n<li><strong>Private Wealth Management:<\/strong> Pure-play wealth managers like Julius B\u00e4r, UBP, EFG, and Vontobel rank high in client assets under management (AUM), even if their balance sheet total assets appear smaller than regional retail lenders.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">What is the difference between UBS AG and UBS Switzerland AG?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The primary difference between <strong>UBS AG<\/strong> and <strong>UBS Switzerland AG<\/strong> lies in their <strong>scope of operations<\/strong>, <strong>corporate hierarchy<\/strong>, and <strong>regulatory mandate<\/strong> within the broader UBS Group structure.<sup><\/sup><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Core Differences<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Feature<\/th><th><strong>UBS AG<\/strong><\/th><th><strong>UBS Switzerland AG<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>Primary Scope<\/strong><\/td><td>Global banking operations<\/td><td>Swiss domestic banking market<\/td><\/tr><tr><td><strong>Role in Hierarchy<\/strong><\/td><td>Primary global operating subsidiary under holding company <strong>UBS Group AG<\/strong><\/td><td>Direct legal subsidiary of UBS AG<\/td><\/tr><tr><td><strong>Key Businesses<\/strong><\/td><td>Wealth Management, Global Investment Banking, Asset Management<\/td><td>Retail Banking, Corporate Banking, Swiss Wealth Management, Mortgages<\/td><\/tr><tr><td><strong>Regulatory Classification<\/strong><\/td><td>Subject to Swiss (FINMA) and foreign regulators (SEC, PRA, HKMA, etc.)<\/td><td>Ring-fenced Swiss Systemically Important Bank (SIBN)<\/td><\/tr><tr><td><strong>Target Clients<\/strong><\/td><td>International high-net-worth individuals, global corporations, institutions<\/td><td>Domestic Swiss households, local small-to-medium enterprises (SMEs), pensions<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Key Structural &amp; Operational Distinction<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">1. Corporate Hierarchy<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>UBS Group AG:<\/strong> The overarching public holding company listed on the SIX Swiss Exchange and the NYSE.<\/li>\n\n\n\n<li><strong>UBS AG:<\/strong> The main operating bank that owns domestic and international subsidiaries (such as US branches, Asian entities, and UK operations).<\/li>\n\n\n\n<li><strong>UBS Switzerland AG:<\/strong> A dedicated ring-fenced bank that operates under a distinct Swiss banking license, owned by UBS AG.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">2. Regulatory Purpose (&#171;Too Big to Fail&#187;)<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">UBS Switzerland AG was spun off as a distinct legal entity in 2015 due to Swiss <strong>&#171;Too Big to Fail&#187; (TBTF)<\/strong> legislation.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Protection of Domestic Services:<\/strong> By legally separating the core domestic functions (Swiss savings, corporate lending, payment systems, and mortgages) into UBS Switzerland AG, Swiss regulators (FINMA and SNB) ensured that if the global investment bank or international arms faced financial distress, the Swiss domestic banking economy could continue operating independently.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">3. Client &amp; Geographic Focus<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>UBS AG<\/strong> handles international client capital, investment banking activities globally, and cross-border financial market operations.<\/li>\n\n\n\n<li><strong>UBS Switzerland AG<\/strong> services domestic Swiss customers\u2014ranging from everyday personal accounts and private mortgages to mid-market corporate financing across Swiss cantons.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Gemini: The largest banks in Switzerland, ranked by total assets on their balance sheet, are listed below: Rank Bank Name Category \/ Type Total Assets (CHF Billion) 1 UBS AG Major Bank 628.3 2 UBS Switzerland AG Major Bank (Retail\/Domestic) 500.7 3 Raiffeisen Switzerland Cooperative Banking Group 323.0 4 Z\u00fcrcher Kantonalbank (ZKB) Cantonal Bank 206.2 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/baarda.ch\/?p=563\" class=\"more-link\"><span class=\"screen-reader-text\">&#171;What is the top 25 of banks in Switzerland?&#187;<\/span> weiterlesen<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-563","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts\/563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=563"}],"version-history":[{"count":1,"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts\/563\/revisions"}],"predecessor-version":[{"id":564,"href":"https:\/\/baarda.ch\/index.php?rest_route=\/wp\/v2\/posts\/563\/revisions\/564"}],"wp:attachment":[{"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/baarda.ch\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}