Post-CS Exit: New Momentum in Swiss Corporate Banking

For countless companies, CS was a key counterpart in financing matters. With its disappearance, the corporate banking market in Switzerland is undergoing a reshuffling.

While UBS is naturally expanding its role, several foreign banks are also moving in, targeting primarily the high-margin business with large corporates.

New Player Looks to Capitalize on the Moment

Swiss Credit Partners is emerging as a key player in the structured finance space. Leading the firm is Matthias Wyder, the former long-serving Head of Corporate Finance and Private Debt at Credit Suisse, who now holds the role of CEO.

«We see a significant opportunity for a Swiss player,» Wyder says. «Many syndicated loans are up for renewal in the coming years, and the demand for an additional Swiss solution is growing.»

Swiss Life and Vaudoise Are Part of the Initiative

Swiss Credit Partners will focus on mid-sized companies and underwriting. The latter, in particular, has become somewhat of a neglected area. Many banks have taken a cautious approach to underwriting, despite its importance for financing a wide range of projects.

The firm launches with nearly CHF 1.2 billion in capital and two prominent financial backers: Swiss Life and Vaudoise. According to Wyder, it is conceivable that other insurers, pension funds, or asset managers could also join as financial partners.

Companies Should Have a Choice

The new entrant has no plans to disrupt or reinvent the market. «We see ourselves as a complementary player alongside existing institutions. Our offering is intended to provide companies with more choice again,» Wyder explains.

Swiss Credit Partners is headquartered in Zurich and currently operates with a team of eight specialists — with plans to expand.