how much money is stored in swiss banks

Unfortunately, it’s difficult to provide an exact figure, as Swiss banks are known for their secrecy and confidentiality. However, I can give you some estimates and insights based on available data and reports.

Total assets under management:
According to a report by the Swiss Bankers Association (SBA), the total assets under management in Swiss banks reached approximately CHF 7.3 trillion (Swiss francs) in 2020. This represents a slight increase from CHF 7.1 trillion in 2019.

Breakdown of assets:
Here’s a rough breakdown of the estimated assets stored in Swiss banks:

1. Deposits: Around CHF 1.5 trillion (20% of total assets) are held in deposit accounts, such as savings accounts, current accounts, and time deposits.
2. Securities: Approximately CHF 3.3 trillion (45% of total assets) are invested in securities, including stocks, bonds, and mutual funds.
3. Wealth management: About CHF 2.2 trillion (30% of total assets) are managed through wealth management services, which include investment advice, portfolio management, and other financial services for high-net-worth individuals and institutions.
4. Other assets: The remaining CHF 300 billion (4% of total assets) are comprised of other assets, such as loans, credits, and precious metals.

International assets:
It’s estimated that around 30% to 40% of the total assets stored in Swiss banks belong to international clients, including individuals, companies, and governments. This translates to approximately CHF 2.2 trillion to CHF 2.9 trillion.

Black money and untaxed assets:
Estimates of "black money" or untaxed assets stored in Swiss banks vary widely. A 2019 report by the European Union estimated that around CHF 150 billion to CHF 200 billion in untaxed assets were held in Swiss banks. However, this figure is likely a conservative estimate, as some reports suggest the actual amount could be significantly higher.

Please note that these estimates and figures are based on publicly available data and should be used as a rough guide only. The actual amount of money stored in Swiss banks may be higher or lower than these estimates, due to the secrecy and confidentiality that Swiss banks are known for.