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 2.4%. The strength of the Swiss franc remains a concern, although recent weakness should bring some relief to the corporate sector. Lower costs related to oil and other commodities also support companies. Domestic consumption should be fairly stable with unemployment low. (...)
USA: The US economy will continue to expand in the second quarter of 2018. Consumption remains positive, labour market conditions remain strong, and the savings rate is improving. House prices are stable, and residential investment should remain buoyant. Short-term rates will continue to rise in 2018, with the Fed's new chairman Jay Powell raised forecasts as growth strengthens. (...)
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. In the next few months the ECB will 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 towards the end of the year. 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 is already very high. The economy is expected to continue to recover with private consumption and public investment fuelling growth. (...)
Enjoy your visit.
E. GUTZWILLER & CIE, BANQUIERS