Exploring Banking Litigation in Switzerland - Key Trends and Legal Updates
26.08.2024 / Bracher Nicolas, Steudler Meltem
Switzerland is a major financial centre. Thus, it does not come as a surprise that there is a considerable amount of case law regarding banking litigation every year. Owing to the traditionally strong wealth management industry in Switzerland, several court decisions deal with the liability of banks for damage incurred by clients due to unsuccessful investments.
The latest 'Lexology In-Depth – Banking Litigation 2024' publication offers insights into the practical overview of the litigation framework within Switzerland, focusing on recent developments and trends, and covers the following topics in detail:
- Year in review on recent cases
- Substantiation of damages
- Unauthorised transactions by third parties
- Unauthorised transactions by an employee of the bank
- Retrocessions
- Joint accounts
- Recent legislative developments
- Changes to court procedure
- Outlook and conclusion
The guide was contributed by our experts Nicolas Bracher and Meltem Steudler.
Obtain Detailed Information and Access the Publication
Download the Switzerland chapter here (PDF)
Acknowledgements
This article and the publication are based on content from Lexology In-Depth (former The Banking Litigation Law Review) – Banking Litigation 2024. For more information, please visit www.lexology.com/panoramic.