Finance

Geneva is the birthplace and capital of international asset management. There are 140 banking institutions, of which around 60 are foreign owned, 2,800 intermediate financial entities and 700 independent wealth management firms. Today, Switzerland manages 27% of the world’s wealth.

Geneva is also the global centre for the financing of raw material trading

• - 500 trading companies generate 700 billion USD in sales
  
• - 1/3 of free crude oil (including 75% of Russian crude oil exports) 
  
• - Number one in the world for cereal, vegetable oil and sugar transactions
  
• - Number one in Europe in cotton trading
  
• - 75% of the world’s free rice passes through Geneva
  
• - 22% of raw material shipping (oil, cereals, sugar, coffee, metals and non-ferrous substances) 
  
• - 10% of global steel exports

140 multinational companies are based in Geneva, including:

• Reuters, IBM , Hewlett Packard, Oracle, DHL, Federal Express, Ernst & Young, Procter & Gamble, Cargill International, Carrefour , Caterpillar, KPMG, PriceWaterhouseCoopers, Virgin, DuPont, Ipsos, MSC Mediterranean Shipping Company, Maersk, Lockheed Martin International, Korn-Ferry International, The Gillette Company, Bacardi Martini, Mitsubishi , Louis-Dreyfus , STMicroelectronics, Totsa Total Oil Trading, Union Carbide, Young & Rubicam, McCann-Erickson, Richemont, Ralph Lauren…

Diplomacy and media

Geneva is home to 24 international organizations, including:

• UN, WTO, EONR, WHO, IUT, UNDP, OIT, WIPO, UNCTAD, CIC, CICR, UNHCR, IATA, ISO.

The city has 200 embassies, diplomatic missions and permanent representations and over 300 NGOs.

Most of the world’s leading press and news agencies also have offices in Geneva (Reuters, Bloomberg, AP, Chine Nouvelle, AFP, CNN, New York Times, Financial Times, The Economist, Wall Street Journal, Washington Post, Al Jazeera, Le Monde, France Télévision, TF1, NZZ,) 

Foreign nationals account for 40% of Geneva’s population