Swiss Bank Corporation

Swiss Bank Corporation made a timely decision, before the outbreak of the Second World War, to open a branch in New York, the new financial metropolis of the Western World. The New York agency was able to commence business six weeks after the war began. In Switzerland, the bank had made all the necessary preparations in the event that war should break out. As in the First World War, in the autumn of 1939 it was no longer able to pursue its regular banking activities and was called upon to assist the national defense and aid in ensuring supplies.