5 Highest Paying Countries for Bankers

2. Switzerland

Average Salary: $165,842

Switzerland is a global powerhouse when it comes to cross-border wealth management, boasting a 25% market share in 2022. Swiss banks managed CHF 7,847 billion in assets, half from international sources. Among 235 banks, UBS and Credit Suisse commanded 40% of total turnover. UBS’s acquisition of Credit Suisse in 2023 reshaped the landscape. The remaining 60% of turnover was driven by various entities including cantonal banks, international banks, and regional institutions. This diverse banking sector not only adds direct value but also furnishes vital financial services to businesses and individuals, solidifying Switzerland’s status as a premier financial hub.