Private Bankers since 1886
E. Gutzwiller & Cie, Banquiers was founded in 1886 by Carl Gutzwiller and is still owned and managed by the Gutzwiller family. The bank is a founding member of the exclusive Swiss Private Bankers Association (SPBA).
E. Gutzwiller & Cie, Banquiers offers its clientele distinct advantages by combining the financial strength and reputation of long-established private bankers with the expertise and flexibility of a dedicated team of asset managers.
The bank is located in Basel, Geneva and Zurich.
General Partners with unlimited liability:
- François Gutzwiller
- Stéphane Gutzwiller
- Archduke Lorenz von Habsburg Lothringen
- Peter Handschin
Switzerland: Despite challenges confronted by the Swiss economy, growth is resilient and the outlook reasonably positive, with projected increase of 2%. The strength of the Swiss franc remains a concern, although recent weakness should bring some relief to the corporate sector. Companies are also supported by lower costs related to oil and other commodities. Domestic consumption should be fairly stable, with unemployment low. (...)
USA: The US economy will continue to expand in the first quarter 2018 in spite of a lower bank lending and a slowdown of money supply growth. Consumption remains positive, job numbers continue to increase, and the savings rate is rising. House prices are improving, and residential investment should remain buoyant. Short rates will rise again in 2018, with the Fed under pressure from financial markets to continue to tighten monetary policy and control public deficits. (...)
Europe: Industrial production is picking up on the Continent. GDP growth rates are improving, even though some countries are still challenged by public debt financing. The ECB has announced a huge package of measures to stimulate the economy but will probably start to reduce quantitative easing. Stronger economic growth on the Continent will oblige central banks to raise interest rates - markets will take this more seriously in the next few months. Manufacturing is growing and inflation remains low. (...)
Asia: The government in Japan is pushing for more growth, and the central bank, with its negative interest rate policy, has pledged to expand asset purchases, buying bonds and treasury bills. The public debt has already soared. The economy is expected to continue to recover, private consumption and public investment fuelling growth. (...)
Enjoy your visit.
E. GUTZWILLER & CIE, BANQUIERS