Banking elites and the transformation of capitalism in Switzerland: A prosopographic analysis (1890–2020)

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State: Public
Version: Final published version
License: CC BY-NC-ND 4.0
Serval ID
serval:BIB_C0DC108FED4D
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Banking elites and the transformation of capitalism in Switzerland: A prosopographic analysis (1890–2020)
Journal
Business History
Author(s)
Araujo Pedro, Davoine Eric, Donzé Pierre-Yves
ISSN
0007-6791
1743-7938
Publication state
Published
Issued date
26/05/2023
Peer-reviewed
Oui
Pages
1-25
Language
english
Abstract
Swiss capitalism has changed over time, adopting elements of the coordinated market economy and liberal market economy during specific historical periods. Taking the case of the Swiss banking sector, this article aims to demonstrate how these changes in structure also result in the transformation of the profiles of banking elites. Relying on a prosopography of 301 top bankers distributed among seven benchmark years (1890, 1910, 1937, 1957, 1980, 2000, and 2020), we show continuities and discontinuities in the main resources needed to hold a career as an elite banker in Switzerland at distinct times of capitalism. Our results show a long-term persistence of family capitalism among private banks, the erosion of national institutions such as vocational training and the militia army, and the different forms of internationalisation in the careers of bankers, following waves of globalisation and deglobalisation.
Keywords
banks, business elites, careers, globalisation, Switzerland, financial centre, prosopography
Web of science
Open Access
Yes
Funding(s)
Swiss National Science Foundation / CRSII5_183534
Swiss National Science Foundation
Create date
23/06/2023 15:19
Last modification date
22/12/2023 8:00
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