Part 5/9:
A Period of Transformation
Switzerland maintained its neutrality for centuries, only interrupted by Napoleon’s invasion in 1798, which briefly disrupted the peaceful co-existence of the cantons. However, post-Napoleonic reforms at the Congress of Vienna re-established Switzerland as a neutral state, setting the stage for its long-term economic prosperity.
The newfound neutral status fostered a surge of capital inflow into Swiss banks as wealthy Europeans sought refuge for their assets during volatile periods. Simultaneously, innovative banking practices, particularly maintaining banking secrecy laws, ensured the confidentiality of clients' assets—making Swiss banks an attractive option for those looking to safeguard their wealth.