From Financing Production to Producing Finance

This paper studies the evolution of banking elites and banking strategy of the largest Swiss banks since 1945. Between 1985 and 2000, an elite transformation occurred within the large Swiss banks. A Swiss-oriented business and political elite was replaced by a US-socialized financial elite. The displacement Swiss-oriented business and political elite closely preceded the decline of retail banking and the shift of loan volumes from production to finance.

Authors

Publication Details

Journal
Swiss Journal of Sociology
Published
2025-06-18
DOI
https://doi.org/10.26034/cm.sjs.2025.7071
Primary Topic
Global Financial Crisis and Policies
Type
article
Field-Weighted Citation Impact
0.00
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article

From Financing Production to Producing Finance

Katja Rost, S. Egli, Larissa Fritsch
Swiss Journal of Sociology
Global Financial Crisis and Policies
article

From Financing Production to Producing Finance

Katja Rost, S. Egli, Larissa Fritsch
article en

Abstract

This paper studies the evolution of banking elites and banking strategy of the largest Swiss banks since 1945. Between 1985 and 2000, an elite transformation occurred within the large Swiss banks. A Swiss-oriented business and political elite was replaced by a US-socialized financial elite. The displacement Swiss-oriented business and political elite closely preceded the decline of retail banking and the shift of loan volumes from production to finance.

Swiss Journal of Sociology
Decent work and economic growth
Openalex Percentile: Top 82%
Global Financial Crisis and Policies
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From Financing Production to Producing Finance — Katja Rost, S. Egli, et al. · Swiss Journal of Sociology (2025) | TGRS Research Map | TGRS