And family businesses outperform non-family businesses, says report

Squeezed by regulatory and competitive pressures, the number of banks in the country has fallen by more than 25% in the last 15 years 

European family businesses are starting to protest more about higher tax burdens, and a Swiss report suggests that planned rises could severely damage firms. 

The sixth-generation watch-maker is angry about the effect of the Swiss franc’s appreciation on exporters, but still positive about his own niche brands.