Weekly Update — Insights
Swiss Private Banking Weekly Update – Sep 2025
Published 2025-09-08
Geneva and Zurich hiring pulse for September 2025: RM demand, portability themes, and cross-border client flows across CH onshore and selected offshore markets.
Highlights
- Strong onshore CH demand; MEA & Portugal diaspora remain active from Geneva.
- Discretionary + recurring advisory revenue viewed most favourably for onboarding.
- Banks continue to prioritise clean compliance history and documented AUM portability over pure headline AUM.
What we’re seeing in Geneva & Zurich
Hiring managers across Tier 1 Swiss platforms remain focused on:
- Portable, multi-year books with stable recurring revenue.
- Clear booking-centre breakdown (CH onshore vs offshore, Monaco, Luxembourg, Dubai, Singapore).
- Documented UHNW / HNW segmentation and pipeline visibility for the next 12–24 months.
Relationship Managers who can articulate a credible 18–24 month business plan (by market, booking centre and product mix) are progressing fastest through interview processes.
Portability & client behaviour
- MEA and Portugal diaspora books remain highly portable from Geneva when:
- KYC files are clean and up-to-date.
- Clients are already multibanked or open to platform diversification.
- For CH onshore, portability is more selective, with banks stress-testing:
- Level of institutional loyalty.
- Depth of team coverage (investment specialists, lending, wealth planners).
- Pricing, credit and platform advantages at the target bank.
Practical next step
If you are a senior RM or Team Head in Geneva or Zurich and would like a discreet view on realistic platforms:
Key takeaways
See open roles: /private-banking-jobs-switzerland