Finance research moving up the Swiss charts

Where does finance research and education fit into the response to the 2008 financial crisis? I remember studying carefully the Swiss Bankers Association dossier on the "Financial Master Plan 2015", in 2007, and finding very little about finance education (although the associated press release placed education at the top of the list of future priorities in Swiss banking).

Swiss banking expert Claude Baumann (pictured right speaking with JPMorgan's Jes Staley at a finance research conference last year) placed finance research in the top position in a recent "wake up" call for Switzerland's banking and finance community.

In an upbeat piece in Zeit Online, Baumann says that the Master Plan is still possible. Switzerland should rely on its traditional strengths: creating stability. And according to Baumann, it should continue to clean up its act as regards banking secrecy!