The Swiss Banking School is pleased to announce that it will merge into the Swiss Finance Institute, and will operate under the name of Swiss Finance Institute as of January 1st, 2006, as was indicated in the press on August 20, 2005. At the same time also FAME, a well known executive education and research institution in Geneva with which the Swiss Banking School has been working together for the past two years, will merge into the Swiss Finance Institute.

As a world-leading financial centre Switzerland has the natural ambition to be home to world-leading research and education in banking and finance. It is in pursuit of this goal that the Swiss Finance Institute was newly established by the Swiss Bankers Association. The Institute is supported by the Swiss-based banks, Swiss universities and the Swiss government, which are all represented on the Foundation Board. The purpose of the Swiss Finance Institute is to provide banking and finance education and research of the highest international level, so as to confirm and strengthen the position of Switzerland as a leading financial center.

This merger will not affect the current offering of the Swiss Banking School. The well known courses of Swiss Banking School will be continued with the same attention as in the past to combining modern academic research with leading practical applications from the industry. The employees of Swiss Banking School will keep their current responsibilities, and you will continue to be able to reach the same people in charge of the courses under their old address, telephone and fax numbers.

Over the past 18 years since its inception the Swiss Banking School has been able to develop into a leading educational institution for bank management in Switzerland. The new more broadly supported Swiss Finance Institute will now allow us to expand on the work we have been doing these past 18 years, creating many new opportunities for us, and we are excited about these new prospects.

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