Vision Shopsters Offshore Financial Services

Introduction With money leaving offshore centers in the billions understanding the nature of offshore clients and what strategies to employ appeal to and retain them currently absolutely critical not just for offshore bankers but also for their onshore competition. Scope This report draws on the findings of the Offshore Banks Survey . This survey was conducted in FebruaryMarch among banks in Jersey Guernsey the Isle of human Switzerland Hong Kong and Singapore. Highlights Out associated with offshore clients by assets under management are from Western Europe and inside the end the outflows North American clients account for just .

A major change in the average portfolio of offshore clients is expected your next two years with the proportion of assets in cash and nearcash falling from to and equities rising from to . When selecting their offshore bank clients look for excellent customer service as well as confidentiality and financial stability in their bank. Reasons to purchase Understand the nature of offshore clients in Switzerland Gain insight into earth needs of offshore clients Access strategies of success in the market. Table Of Contents Overview Catalyst Summary Methodology.

Executive Summary Swiss banks offshore clients are international heavily put into fixed income and likely to take on more risk in the years ahead Offshore banks seeking to attract clients has most likely furnished excellent customer intend to attract and retain offshore clients banks must address client issues surrounding safety and confidentiality master customer service and help clients enjoy high returns Table of Contents Table of figures Table of tables Swiss Banks Offshore Clients Switzerland draws its offshore clients from around the world Western European clients are important to Swiss banks but many of their clients are available from much further afield.

Germans make up the largest part of Switzerlands Western European client base Swiss banks have attracted wealthy individuals from major Asia Pacific countries Offshore clients keep their take advantage Swiss banks when they feel it is safer offshore Many German clients still see Switzerland as the safe haven because money Hong Kong clients with money in Swiss banks think as though cash is safer offshore The average portfolio of an offshore client is heavily invested in fixed income which is not likely to change much going forward.