Before the takeover of Credit Suisse by UBS on March 19, Raiffeisen systematically presented itself as the third largest banking group in Switzerland. The cooperative bank should automatically have moved up one rank in the ranking of the largest establishments in the country. But Julius Baer, of which we interviewed managing director Philipp Rickenbacher on March 27, also claims the position of second Swiss bank. In reality, everyone can be right. It all depends on the indicator used.
