Switzerland Market Review, full year 2019: UBS and Credit Suisse buck downward trend

The two banks recorded growth of 90% and 50%, and grew to CHF7.8 billion (US$8.2 billion) and CHF1.01 billion, respectively. Turnover dropped by approximately 16% for Vontobel, Julius Baer, and ZKB, while transactions from Leonteq Securities and Raiffeisen netted eight and four percent less compared to the previous year. The number of products listed on the exchange remained stable throughout 2019, with leverage and yield enhancement offerings invariably making up more than 95% of new listings.