In 1939, there were 363 banks in Switzerland, with a total result of 17.7 billion Swiss francs. To this we had to add 20 billion Swiss francs that were not included in the bank's balance sheets. There were seven major banks, which represented one-fourth of Swiss banks financial results: Société de Banque suisse (SBS), Crédit Suisse (CS), Banque Populaire Suisse (BPS), l'Union des Banques Buisses (UBS), la Banque Fédérale, la Société Anonyme Leu et Cie et la Banque Commerciale de Bâle.
Swiss banks came out of the conflict stronger than ever, largely thanks to the gold and Swiss Franc transactions we will see in this part. Two banks will be taken over by other banks at the end of the war: the Banque Fédérale by UBS, and the Banque Commerciale de Bâle by SBS. Still today, Swiss banks, for example UBS, dominate the world-wide financial scene (La Suisse et les Nazis, Pierre Boschetti).
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