There are over 100,000 public limited companies in Switzerland, about ten times as many as in Germany or Austria. This type of company is extremely popular and the majority of them are SMEs.
Mergers and acquisitions have become increasingly complex. To combat growing challenges, businesses have seen greater adoption of innovative software tools used to facilitate deal making. Significant technology acquisitions with the overall aim to gain digital capabilities, have also been witnessed.
Prompted by the US subprime-mortgage meltdown and subsequent credit crunch, the 2008 financial crisis saw a record number of commercial bankruptcies and bank and brokerage-house failures.
2019 has been a pivotal year in terms of the security, independence and digitalisation of European cross-border transactions, particularly with regard to the development of a Franco-German partnership.