The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

Karl Schweizer

Managing director, art and numismatics services, UBS

In the number-crunching world of financial services, an appreciation of art is rarely useful. This is not the case, though, in the Basle office of UBS, where it is essential in the art banking and numismatics department.

The team advises on both banking and art, and UBS has been active in it for more than 30 years. In 1997, Karl Schweizer became head of the department with a brief to restructure it.

Schweizer started out as a lawyer, writing a doctoral thesis on investment banking and capital markets. Then, at SBC, he worked in legal counsel and escrow. He later helped set up a regional brokerage for northern and central Switzerland, before starting businesses for financial planning, trusts, and retirement planning.

With that background, in 1997 he received an offer to set up an art banking operation and when SBC merged with Union Bank of Switzerland to form UBS, the new firm kept the department. "Before the merger I was offered the chance to a build a new sector in the field of art for our wealthiest private-banking clients," Schweizer recalls.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree